|To bring to market||Packaged for sale, delivered via distribution channels or licensed. Ready for sale.|
|A customer accepted product||Market research proves need. Advertisement creates awareness & desire to won product|
|From initial concept||Patent searched, market researched, matrix tested (*see New Product Matrix© here|
|To design||Specs, sketches, designs, prototypes, design review, regulatory news, tests, IP filing, DFM|
|Through manufacturing||Assembly, test, docs, package, shipping, customer service|
|At a pre determined||Written business plan, business model w/5yr.est, financials.
Marketing, financing, manufacturing & distribution plans set. Bankable management team on board.
|Cost||Total estimated startup to break even expense.|
|Budget||Amount of money to be raised, dedicated and source defined|
|And Schedule||Company/ product development plan & milestone timeline.
Sales projections with 12 – 18 month 10 x RIO preferred! Exit strategy decided.