CRITERIA FOR NEW PRODUCTS
NEW PRODUCTS
What is the Product or Service and what are its benefits to the consumer?
Why will people buy it in enough quantity to make the venture extremely successful?
NEW PRODUCTS AND SERVICES
Does it have a unique selling advantage?
Can it be protected from competitors?
PERSONNEL
Who will carry out the plan and their qualification to do so?
EXECUTION
Where will the product be produced or the service provided?
How can it be produced in an economical fashion?
How will it be distributed and sold?
When will it be ready for distribution?
FINANCIAL
How much money will the venture require?
At what point will it break even?
How much can one investor expect to receive? When & How?
Go to the CemX-21 Inc. Home Page. Mr. Muttart is a shareholder in CemX-21 Inc. and has been assisting it in getting its business off the ground.
For ideas on how you can prevent your product or service from being copied by others, see Intellectual Property.
Click here for information on starting your own business.