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Business Questions

Expanding of existing Business

In the modern hi-tech competitive world, we must run faster and faster, work very hard and fast, day-in and day-out, just to remain where we are. Hence, we must aspire something unique, do many things at a time, quicker and grab the results faster to remain in the race. Here “Face any challenge and Chase any target” shall be the Mantra for Success.

We recognise that growth is the essence of progress. Growth in terms of Size, Value, Turnover, Profits, Quality of Products & Services and Customer Base & gaining their Confidence etc., all together would mean expansion to a new horizon. Our aim is to produce all these for the clients who approach us.

In order to achieve this, we throw light by analysing various factors including the invisible ones with the divine intervention and guidance of MindScope.

  • Scope for changes in the present set-up
  • Scope for introduction of complimentary products
  • Scope for new investors
  • Scope for new technology
  • Scope of expansion as is
  • Scope of expansion of new areas
  • Scope of product expansion
  • Scope of volume expansion

EXPANSION - DIVERSIFICATION OF BUSINESS

SL No.AREAS OF BUSINESS
MindScope Score will be obtained in a scale of 1-100
1 EXPANDING OR DIVERSIFYING EXISTING BUSINESS
  a. SCOPE FOR CHANGES IN THE PRESENT SET-UP
  b. SCOPE FOR INTRODUCTION OF COMPLIMENTARY PRODUCTS
  c. SCOPE FOR NEW INVESTORS
  d. SCOPE FOR NEW TECHNOLOGY
  e. SCOPE OF EXPANSION AS IS
  f. SCOPE OF EXPANSION OF NEW AREAS
  g. SCOPE OF PRODUCT EXPANSION
  h. SCOPE OF VOLUME EXPANSION
SL No.AREAS OF BUSINESS
2 PESTLE - ENVIRONMENTAL ANALYSIS - EXTERNAL
  1. POLITICAL
Present and potential political pressures
  2. ECONOMIC
Impact from Local, National & International changes
  3. SOCIOLOGICAL
The Society affecting the Organization
  4. TECHNOLOGICAL
New & Emerging technology affect the organization
  5. LEGAL- PRESENT & NEW
Impact of National and International Legislation
  6. ENVIRONMENTAL Impact of local, national & International requirements
  ENVIRONMENTAL ANALYSIS INTERNAL
To ensure that the project is aligned to each of the attributes to obtain maximum results.
3 1. MISSION
Where the business intends to go
  2. OBJECTIVES
The key goals which will help achieve the mission
  3. STRATEGIES
Options for moving forward
  4. TACTICS
How strategies are put into action
4HEPTALYSIS- SWOT ANALYSISSWOT Score
  EXPANDING OR DIVERSIFYING EXISTING BUSINESS  
  1. MARKET OPPORTUNITY  
  2. PRODUCT / SOLUTION  
  3. EXECUTION PLAN  
  4. FINANCIAL ENGINE  
  5. HUMAN CAPITAL  
  6. POTENTIAL RETURN  
  7. MARGIN OF SAFETY  
5CATWOE / SWOT BUSINESS PERCEPTIONSWOT Score
  1. CUSTOMERS
Receiving your Goods & Services who will Gain or Lose - How does the issue affect them?
 
  2. ACTORS
All those who do the Transformation process by actually carrying out the activities.
 
  3. TRANSFORMATION PROCESS
Where the system that converts Inputs into the Outputs could Stand, Collapse, or Grow.
 
  4. WORLD VIEW
1. How best is the Panoramic view of the overall System?
2. How could the System failure affect the whole Company?
 
  5. OWNER
Chances of the power holders who could stop or hamper the existing business
 
  6. ENVIRONMENTAL CONSTRAINTS
Factors those could affect the Business from unseen boundaries and or unexpected areas such as regulations, speculation, sudden financial constraints, resource crunch, limits set by terms of reference in operation etc.,
 
  6. POTENTIAL RETURN  
  7. MARGIN OF SAFETY  
6SCRS - OVERALL APPROACH REQUIRD
The strategic action shall flow from the Highest decision making to all the levels down the line to achieve aspired tangible results from the current level.
  STRATEGY
  CURRENT STATE
  REQUIREMENTS
  SOLUTION

A BIRDS EYE VIEW OF THE ANALYSIS
Overall where do you stand?

SL No.THE FIVE MOST CRITICAL & IMPORTANT AREAS OF YOUR COMPANYScore
1 Is your company creating value for itself and your stake holders?
Without Value-Creation, a business can't exist. An empty hand can't transact with others.
Your Business must create the value for other people
With handful of opportunities, every successful business creates something of value.
 
2 Is your company attracting the attention of the Market?
Without Marketing, no business can survive.
People who don't know about your existence can't purchase what you have to offer.
People who are interested in what you have to offer bring success to you.
You must find a way to attract the attention of the right people and make them interested in what you offer
 
3 Does your company sell the value it creates to be profitable?
The Sales process will begin with a prospect and will end with a buying customer.
No sale, No business
As no customer wants to make a bad decision, your company must make the customers understand why your product is worth paying for.
 
4 Does your company deliver what it promises?
Successful business must actually deliver what it promises to its customers.
Value-Delivery involves everything necessary to ensure every paying customer is a happy customer, in every way. No arguments. No excuses.
Must deliver the best value that surpasses the customer's expectations. Those businesses which make their customers unhappy, lose them, and eventually shut their business.
 
5 Does your company bring in enough money to keep the Business operations cycle smooth?
Does your company bring in enough money to keep the Business operations cycle smooth?
Every successful business must bring in a certain amount of money to keep going. If you're creating value, marketing, selling, and delivering value, there's money flowing into and out of the business every day.
 
6 OVERALL SCORE ACHIEVED  

GROWTH POTENTIAL ANALYSIS - A MindScope PERSPECTIVE

1 Growth Potential - Present Status Stagnation 25-100% or > 100% as applicable
2 Growth Potential - Future, in as is condition; i.e., without seeking any divine intervention 25-100 % or > 100% as applicable
3 Future Growth potential that can be achieved by seeking suitable divine intervention and also improving the weak areas indicated in this report. 100%, 500%, 1000%, 2500, 4000%, Infinite etc.,

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