Business Phasing New Startup Business Mobile Computer Repair Discussion Logical Progressio Q35107762

Business Phasing : new startup business in mobile computerrepair

 This is a discussion of the logical progression for growing abusiness, which starts from the initial idea and grows into aviable business venture.

 explain how the development phases minimize risk, aidlearning/analysis at the earliest possible stages, and create aproper progression of the business venture.

 The goal of developing phases is to show how much risk isrequired for each phase compared to the expected outcome or returnon the investment; phasing allows for learning during each step andcreates a decision point prior to moving on to the next phase onwhether to proceed, modify the business, or exit (with potentiallya smaller overall loss).

 Potential planning and development stages/phases:

 Idea stage

 Concept stage

 Test marketing stage

 Product/service development stage

 Commercialization

 Include anticipated resource requirements for eachstage of development.