The New Business Road Test: What entrepreneurs and executives should do before writing a business plan, 3rd Edition

Description

Starting your own business is a daunting task. No matter how talented you are, no matter how much capital you have, no matter how good your business plan is, if you’re pursuing a fundamentally flawed opportunity you’re heading for failure. So before spending time and money on a new enterprise it’s vital to know if your idea is actually going to work in practice. The New Business Road Test shows you how to avoid the obvious mistakes that everyone else makes.

The new edition of this best-selling book features:

• A new version of the 7 domains model.

• Updated case studies that reflect the changes that have happened in the last four years.

• Chapter 13 has been rewritten to make the Industry Analysis Checklist more understandable.

• A new author run companion website for readers to access extra information.

Sample Content

Table of Contents

Why read this book?

Author's acknowledgements

Publisher's acknowledgements

PART 1: ROAD TEST YOUR NEW BUSINESS IDEA

1. My opportunity: why will or won't this work?

2. Will the fish bite?

3. Is this a good market?

4. Is this a good industry?

5. How long will your advantage last?

6. What drives your entrepreneurial dream?

7. Can you and your team execute?

8. Your connections matter: which matter most?

9. Putting the seven domains to work to develop your opportunity

10. What to do before you write your business plan

PART 2: TOOLKITS FOR YOUR ROAD TEXT

11. How to learn what you don't know you don't know

12. Market analysis worksheet

13. Industry analysis checklist

14. Determining the viability of your business model 

15. Do-it-yourself marketing research for your new business road test

16. Evidence-based forecasting

17. Getting help with your road test

Appendix - Research methodology

Notes

Index

Updates

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