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KET INSTITUTIONAL SUPPORT WORK ENVIRONMENT BACKGROUND PERSONALITY New Venture Startup Free Powerpoint Templates Page 6 “Process” Accessing the Opportunity Developing the Business Plan Acquiring the Resource and Funding Harvesting the Venture Free Powerpoint Templates Page 7 “Accessing the Opportunity” Extension or adaption of existing product/service Add value to existing product/service Create new market segment/difference price point Developing a pletely new product/service Free Powerpoint Templates Page 8 “Developing the Business Plan” Details of the product/service Assessment of the market opportunity Identification the target customer Strategy for pricing, distribution sales Experience, expertise mitment of mgmt team Cashflow calculation Identification planning for key risks Barriers to entry petitor analysis Financial other resource requirement 1 2 8 7 6 5 4 3 9 Free Powerpoint Templates Page 9 “Acquiring the Resource and Funding” Free Powerpoint Templates Page 10 “Harves