1) Providing an independent perspective on your business idea.
2) Assessing your company’s capabilities for a better understanding of possible opportunities and gaps in growing your business.
3) Mapping out a realistic budget for building and launching your product/service.
4) Performing in-depth market research to obtain knowledge about your competition, target audience and marketing strategy.
5) Defining the right scope of a minimum viable product.
6) Assisting with plans to solidify the offering of products, services or solutions. This typically includes planning marketing activities, creating a brand identity, determining how to reach potential customers and defining a path to business expansion.
7) Setting up management framework regarding the day-to-day running of the organization, including cash-flow management, HR policies, vendor management and other internal factors.
8) Mentoring and training your team in different areas such as sales, customer service and marketing to speed up business processes and help your company achieve its goals.