Design & Development Knowledge Base
Business Plan
A business plan for a Product-Based business includes several common elements beyond the basic elements of a business plan.
Why is this product different from other products on the market (product positioning)?, Why do you think people will buy this product? At what price will people buy the product? At what cost can you manufacture the product? What is the market size? How will the product be sold and distributed?
Slingshot Product Development Group helps start-ups, inventor-entrepreneurs, and established companies perform the appropriate amount of development in the early stages of a project to help accurately and efficiently answer the above core business plan questions. Oftentimes, we deliver a rendering of the product that could be used for meetings with investors and initial meetings with manufacturers. Armed with a rendering, you can perform initial market testing to ensure the product pricing and features are right.
See also: Raytraced Rendering
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