Pain relievers describe how your products and services alleviate specific customer pains. They explicitly outline how you intend to eliminate or reduce some of the pains that annoy your customers before, while, and after they are trying to get a job done. Typically, great value propositions alleviate only a limited number of severe customer pains but do that very well. Make sure you focus on the pains you have identified in the customer profile.
Pain Relievers
Pain relievers describe how your products and services alleviate specific customer pains. They explicitly outline how you intend to eliminate or reduce some of the pains that annoy your customers before, while, and after they are trying to get a job done. Typically, great value propositions alleviate only a limited number of severe customer pains but do that very well. Make sure you focus on the pains you have identified in the customer profile.
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Financials
Income Statement Template
Income Statement Template
These are financial statements that shows startup business income and expenditures.
It also shows whether the startup is making profit or loss for a given period.
This income statement template helps startup founder understand the financial health of your business.
The template provides startup founders, financial analyst/consultant with a foundation to build your own monthly or annual summary of revenues and expenses.
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Investor Readiness Toolkits
Business Model Canvas
Completing your own Business Model Canvas is one of the most valuable planning steps in your overall business plan. Whether you’re a new business owner crafting a business plan for the first time or an owner looking to address planning gaps in a current business, going through the Business Model Canvas exercise is even more valuable with a SCORE mentor by your side.
This Business Model Canvas helps visualize what is important and forces you to focus and address key areas. It can also be used by your team (employees and/or advisors) to understand relationships and reach agreements.
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Financials, Venture Building
Financial Model Template
- Financial model template combines accounting, finance, and business metrics to create a forecast of a company’s future results.
- The main goal of financial model template is to accurately project a company’s future financial performance.
- It can be useful to capture data for valuing companies, and determining whether the startup should raise capital or grow the business organically or through acquisitions.
- A financial model can help founders plan their runway, track KPIs, and model growth scenarios.
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Insight, Startup Report
Test Card
Test card
The test card helps startup founders to validate its business ideas before scaling
It is used to test the hypotheses of the idea
Hypotheses – One thing that will you believe that you will need to make the idea work., what you are willing to test before filling out the course.
Verify – Describes the test itself.
Measure – How will visitors/clients leads to conversion.
Criteria – is the conversion rate versus the previous test data.
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Investor Readiness Toolkits
Go to Market Template
The go-to-market template is to make sure that a product launch reaches the right audience, based on the client personas. It helps founders build a step-by-step product or service launch process. The uniqueness of the GTM template is that it can identify a market problem and position the company accordingly for a possible solution.
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