Question: : Executive Summary Report for launching a new product: a light-weight hair dryer that helps women blow-dry their hair in 40% less time when compared
: Executive Summary Report for launching a new product: a light-weight hair dryer that helps women blow-dry their hair in 40% less time when compared with the traditional hairdryers that are currently available on the market.
The required structure of the Report is the following: 1. Cover: Provide company name, your name and title, address, email, and phone number 2. Summary 3. Problem: Describe the pain that you are alleviating or the pleasure you are providing 4. Solution: Explain the value of the pain you alleviate or the value of the pleasure you provide 5. Market Opportunity / Size 6. Business Model: explain who has your money temporarily in his pocket and how you are going to get it into yours. 7. Competition: Provide a complete view of the competitive landscape. 8. Underlying Magic: Describe the technology, secret sauce or magic behind your product. The less text and the more diagrams, schematics, and flowcharts the better. 9. Product demo: If you have a prototype or demo, this is the time to transition to it. 10. Go-To Market / Growth strategy: Marketing ideas. Explain how you are going to reach your customer. Assessment Brief Academic Year 2020-2021 12. Traction / Milestones: Explain the current status of the product, accomplishments to date, what the near future looks like and how you will use the money you are trying to raise. 13. Financials: Provide a three-year forecast 14. Fundraising Information: How much money are you raising?
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