Course Deliverables

  • 1

    WELCOME

    • Welcome to the Right Choice Program

  • 2

    RIGHT CHOICE PHASE ONE (Idea)

    • Phase One Milestone: "Right Idea" - Have you identified a need that your customer will pay for?

    • Right Idea: Step #1 - Business Description, Value Proposition, and Problem/Solution/Benefit

    • Right Idea: Step #2 - Intellectual Property

    • Right Idea: Step #3 - Customer Discovery/Development, Target Market, Beachhead Strategy, and Business Model Canvas

    • Right Idea: Step #4 - Market Research and Competitive Analysis

    • Right Idea: Step #5 - Non-Disclosure Agreement (NDA)

    • Phase One Milestone: "Right Idea" - What You Just Accomplished.

  • 3

    RIGHT CHOICE PHASE TWO (Plan)

    • Phase Two Milestone: "Right Plan" - Now, it is time to create a solid foundation for your business.

    • Right Plan: Step #1 - Forming Your Business

    • Right Plan: Step #2 - Financial Forecasts

    • Right Plan: Step #3 - Marketing and Sales Plan

    • Right Plan: Step #4 - Operations and Staffing Plan

    • Phase Two Milestone: "Right Plan" - What You Just Accomplished.

  • 4

    RIGHT CHOICE PHASE THREE (Execution)

    • Phase Three Deliverable: The "Right Execution" - Your idea is valid, your plan is in place, it is time for execution.

    • Right Execution: Step #1 - Management Team

    • Right Execution: Step #2 - Advisory Board

    • Right Execution: Step #3 - Needs Analysis for Business

    • Right Execution: Step #4 - Milestone Plan and Timeline

    • Phase Three Milestone: "Right Execution" - What You Just Accomplished.

  • 5

    PUTTING IT ALL TOGETHER (Business Summary)

    • Your Draft Business Summary Content

    • 1. Your Startup Pitch (Slide) Deck

    • 2. Sample Formats of Executive Summaries and Short Proposals

    • 3. Components of a Full Business Plan Proposal

    • Meet the Criteria of an Early-Stage Michigan Program?

    • Michigan Supporting Your Entrepreneurial Journey (MSF/MEDC Packet)

    • Michigan Minority Supplier Development Council

    • CMURC Accelerator Transition Checklist