Description
NOTE: Please contact us on WhatsApp, the live chat below or via e-mail at hello@vizidio.com, if you have any questions/queries about this service.
About This Service
Ting! You just had an amazing idea for a new business. One that is going to offer products and services that your future customers are going to love. Having the idea is the easy part now comes the process of determining how to turn this idea into a viable business. The first step is to validate your idea to understand its potential and what purpose it can serve in today’s marketplace. This is exactly what this service does as well as provides you with experienced guidance, constructive feedback, suggestions, recommendations and actions to help launch your idea successfully. The goal is to provide you with details that will help you determine how good of an idea you have, what opportunities exist, how to develop your business and what is needed to go to market.
What This Service Offers
There are three options to choose from:
Essential Validation
Provides detailed market research, reviews competitors, understands how your idea fits into the marketplace, what the future potential is and reasons on why you should or should not pursue with this idea. More details are provided below:
Market Research
A snapshot of your market, the current climate, what the latest developments are, what the appetite for your idea could be and where the market is likely heading.
Competitor Overview
Details on who your main competitors are, what makes them successful, what their strengths are and where there are opportunities.
Review & Analysis
Offers our insight, thoughts and analysis on our findings of what is happening in your business’s future market.
Idea Validation
A validation of your idea based on our research and analysis that provides reasons on why you should/shouldn’t pursue with your idea and what alternatives you can consider.
Standard Validation
This option includes everything in essential but also offers you an experienced, insightful and informative look at your idea and how it can be developed further. Suggestions are also provided on your business focuses, USP, business model, product/service and how to manage successfully. More details are provided below:
Idea Review
Scrutinises your idea and provides you with constructive feedback and suggestions focused on improving your initial idea.
Idea Development
We further dissect your idea by utilising our experience in business development to understand what other ideas and opportunities it can benefit from.
Business Overview
Guidance to help you decide what your business focuses, USP, competitive advantage and core competencies should be.
Business Model
Provides suggestions on your business model and how best to generate revenue.
Products & Services
Provides an insightful look at your businesses offering and where it can be developed in the future.
Customer
Identifying your primary and secondary customer base, how to target them and build relations with them.
Management
Preparing you for the responsibility of being a business owner, what skills are required and where you might need assistance.
Performance Management
Recommendations on how to manage the performance of your business and what metrics you must keep an eye on.
Detailed Validation
Includes everything in essential and standard but also provides you with guidance on financial matters, marketing, how to grow, business development, what you should look to achieve and what actions can help achieve them. More details are provided below:
Financial
Provides some advice and insights on financial matters regarding your new business.
Marketing
Suggestions on where and how to market your business so you target your customer base efficiently and effectively.
Growth & Progression
Insights and thoughts on what opportunities they are to grow and progress your business once launched.
Business Development
Ideas and thoughts on where you can develop your business in its formative years to set you up for future success.
Planning & Strategy
Which goals and objectives you should try to achieve to help you start successfully. Suggestions on planning and strategy is also provided.
Action Plans
An overview of the key actions for you to undertake that will help you get started with your new business.
Service is delivered as a PDF written report.
Service Extras
Add-ons available at an additional cost that enhance and provide additional perspective to the work we have conducted.
Video Summary
A video summarising the work we produced with additional feedback, recommendations and analysis.
Business Model Canvas
A one-page overview showcasing your business model. Including how you will generate revenue, manage costs, what value you offer and how best to reach your customer. It is the best way to visualise and understand your business model.
One to One Session
A thirty-minute session where we add additional context to our work, answer questions you have on our findings and further work on the development of your idea.
Business Idea Validation – Turn Your Vision into Reality
Have a brilliant new business idea? Let’s validate it! Turning a concept into a thriving business requires careful planning and market research. Our idea validation service provides expert analysis, feedback, and actionable steps to help you determine your idea’s potential and build a solid foundation for success.
We offer comprehensive market research, competitor analysis, and expert insights to help you understand your target market, identify opportunities, and develop a winning business strategy. Our goal is to empower you with the knowledge and confidence to move forward with your business idea or pivot based on the findings.
What This Service Offers:
We provide three levels of idea validation to suit your needs:
Essential Validation:
Get a clear picture of your idea’s potential with our essential validation package. This includes:
Market research: Understand your target market, industry trends, and customer needs.
Competitor analysis: Identify key competitors, their strengths, and weaknesses.
Idea assessment: Receive expert feedback on your business concept and feasibility.
Standard Validation:
Build on your essential validation with in-depth analysis and strategic recommendations. This package includes:
Idea refinement: Refine your business concept based on expert feedback.
Business model development: Explore potential business models and revenue streams.
Customer analysis: Identify your target audience and develop customer profiles.
Market positioning: Define your unique selling proposition (USP) and competitive advantage.
Detailed Validation:
Gain a comprehensive understanding of your business idea and develop a solid launch plan. This package includes:
Financial analysis: Assess the financial viability of your business.
Marketing strategy: Develop a marketing plan to reach your target audience.
Growth strategy: Identify opportunities for business growth and expansion.
Action plan: Create a step-by-step roadmap to launch your business.
By choosing our new business idea validation service, you’ll gain valuable insights, expert guidance, and a clear path forward for your entrepreneurial journey.
These are approximate delivery times. A more accurate delivery time will be given after you have purchased the service and we have reviewed your requirements.
Essential Validation
Six Days
Standard Validation
Seven Days
Detailed Validation
Eight Days
What is the service?
Assesses and validates the potential of your new business idea to determine whether it is worth pursuing. Before you commit time, money, and resources into developing the idea. This will provide you with the confidence to pursue your idea, know the industry and which actions are needed to move forward.
How is the service delivered?
You will be provided with a written report in PDF format. Extras are available including a business model canvas or a video summarising my findings in a more interactive format.
How the service helps you?
Having a business idea is great but how do you know if it is the right one to pursue? This service answers that question as we scrutinise the market and your idea. To understand its potential, where it can be improved and what steps to take next.
What is the goal of this service?
To provide you with a validation of your new business idea and other information that will help turn your new business idea into a viable and successful business.
Which industries do we have the most experience in?
The industries we have the most experience in are consumer goods, services like restaurants, retail, IT/tech & leisure.
Who we are?
For more than a decade we have worked in business development and management. In industries like services, consumer goods and tourism. During this time, we have learnt a few things about what it takes to build a business. Which is something we would now like to utilise to benefit those businesses that choose to work with us.
What else do we offer?
There are several services we offer including monthly subscriptions, validation, business development, review, and feedback services. Bespoke services that are exclusive to your business are also offered.
Please send as much as the information below to hello@vizidio.com after purchasing the service. This will provide us with the information we need to complete the service.
Details of your new business idea – One or two paragraphs explaining the idea and the inspiration. As well as details on how you plan to sell, who the target market is and any other information you think is useful.
Why this business in particular
