Business Plan Development

Developing business plans for disruptive new products and services is the cornerstone of all that Innosight Ventures does.

From our self-funded Ventures to the IDEAS fund, we are continually building, iterating, refining and executing game-changing business models for disruptive new products and services.

All of our consultants are real-life practitioners of innovation, sharing an equal role in advising clients and running their own startups through Innosight's venturing activities.

This expertise is brought to bear in working with clients to develop their own new business models, and is why Innosight's decade of experience can help you unlock new growth through Innovation.

Innosight offers a variety of approaches to work with you on business plan development, from 'light touch' advisory services via telephone, through to 'heavy touch', full subcontracting in which we can develop a series of business plans for our clients looking to enter a new market or find an innovative use for a new technology.

A Standard Business Plan

While customized to the client and opportunity, our business plans follow a reasonably standard set of guidelines, and are designed to push forwards an opportunity to the point at which the first serious funding or resource allocation decision must be made, and the business plan prioritized relative to other opportunities.

A standard business plan includes:

Summary of Opportunity

• Summary of opportunity and high-level description of the product
  

The Customer's Job-to-be-Done

• Overview of targeted jobs to be done and foothold customers for the product
  

Existing Alternatives

• Overview of existing solutions and their shortcomings and strengths relative to the targeted jobs
  

Solution

• Description of our solution's key features and functionality, 'gives and gets' relative to existing solutions, sample advertisements or even prototype products to capture nuances and intangible benefits of the new product.
  

Business Model

• Description of the business model including partnerships required to make it work and strategies for avoiding early competition and building sustainable advantage
  

Economics

• Reverse income statement and scenario analysis to describe upside potential
  

Plan To Learn

• Key assumptions to test and ideas on how to create cheap prototypes to test those key assumptions; also some sense for cost of proceeding
  

Please Contact Us to learn more about how we can partner with you to find a new disruptive opportunity.