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Business Concept Ingredient Questionnaire

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Use our questionnaire to help think through the details of your business concept, and identify areas that need further work.

We have developed a set of questions based on interacting with lots of new ventures over the years. These questions are designed to help you think through what is important in your business concept, and then be able to clearly articulate it.

This questionnaire is now available through the Acceleration Co-op.
View business concept questionnaire here

On the Acceleration Co-op site you can also interact with a global expert crowd and get feedback about your business concept, and help refining it.

Here are the key topics the questionnaire covers.

The Need

"Need"

  • What is the ultimate "Need" that you are trying to meet?
  • What makes you think this is in fact a "need"?
  • If this is a future need (ie they do not have it today but you think they will tomorrow), when do we think this need will become important?
  • More ........

The ultimate customer

  • Who (or what type of organization) has that need?
  • More ........

Present-day scenario: PMO comparison (Present Mode of Operation)

  • More ........

Importance of the Need

  • More ........

The Product (or Service)

Product / Service

  • What would a business actually sell? Describe the product or service.
  • More ........

Superiority to PMO

  • In what way does this product or service do a superior job at meeting the need than whatever is used today?
  • More ........

Solution / Need summary

  • More ........

Technology

  • What is the basic technology underpinning this business concept?
  • More ........

Business model

  • Describe the business model for this idea.
  • More ........

Sustainable competitive advantage

  • Why is your product/service better than PMO (whatever is used to meet the need today)?
  • More ........

Financing

  • More ........
  • How much $ will it take to get the business to cashflow neutrality?

 

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