Evaluate Your Idea

Once your design is ready you need to do evaluation or due diligence to see how good the design is. The evaluation can then be used to present the opportunity to the investors.

The scope of evaluation includes the following

  • market validation that includes feedback from the target customers and competitors analysis
  • financial feasibility that includes ROI etc
  • operational feasibility
  • risk assessment
  • legal framework
  • health safety security, environment and ethical assessment

 

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