Financial Strategy for New Product Launch
Project scope
Categories
Financial services Investment Lead generation Grant writingSkills
financial strategy invoicing business process business planning marketing sales new product development customer serviceAssessing my Hangover Hack product entering the marketplace, helping with the business plan, preparing for meeting potential investors, helping to secure funding, providing recommendations for improvements, identifying potential vendors for the product, creating ideas for product launch.
- Assessing my Hangover Hack product entering the marketplace to review internal risk, and business process implications, including elements of the business plan (marketing, sales, and customer experience plans).
- Modifying a business plan that can be presented to potential investors
- Reaching out to potential vendors that will carry the product on their store fronts
- Creating a bank of potential investors and government grants/funding opportunities and then subsequently contacting them with me to secure funding for the start-up
- Analyzing potential customer invoicing processes and providing recommendations for improvement.
I will set up recurring meetings with the students to mitigate any roadblocks throughout the project as needed. I will be in the meetings with potential investors and will be the main point of contact. I will provide a business plan template that is filled in with some outdated/incomplete data.
About the company
Drastic Drinks Inc. was incorporated in 2021. It's a new beverage company with a leading product that will hit the shelves soon - Drastic Drink. Drastic Drink is a nutritional beverage that aims at helping with overall improving overall hydration!