Do people actually want it, what does it do for the customers and how much will they pay you?
Talk to Potential Customers. Ask people (not friends or family) general questions such as:
1.) Would you use a product or service like this?
2.) How much would you pay for it?
3.) If your product or service solves a problem, ask the potential customers how they are currently dealing with the problem.
4.) Would you actually buy the product or service?
Ready to Get Started?
The Kentucky Innovation Network Pikeville Office Will:
- help you develop a business model.
-connect you with mentors and business advisers.
-provide strategic guidance and assessment.
-assist in raising startup funds.
Innovative ideas and creative approaches are critical to helping any size business overcome aggressive competition, modest budgets and unexpected issues. Get the consulting expertise to tackle challenges head on, break through restraints and put groundbreaking small business consulting ideas into action with confidence – ultimately improving your business results.
Let us walk you through the Business Model Canvas
The Kentucky Innovation Network will help you hire the best employees, create brand awareness, and evaluate each step of your business journey.
Helping your company consider the best channel distribution, key partners, value proposition, cost structure and revenue model is what sets us apart from other small business help centers.
Other areas of strategic expertise include:
The mission of the Kentucky Procurement Technical Assistance Center (KYPTAC) is to assist companies in the process of providing products or services to federal, state, and local government organizations. If your company is thinking about entering this market, KYPTAC offers technical assistance with applying for certifications and small business programs, marketing and proposal writing tailored to the government audience, identifying and targeting open bid opportunities, and navigating requirements specific to government bids.