The emergence of a new venture is not a spontaneous act; it is a multi-phased process that starts with a new venture assessment in order to determine the viability and profitability of the new business. New venture assessments requires investigation of economic,technical,legal and political factors to understand the impact of each on the new business.New venture assessments are used to discern the costs and benefits of establishing a new business. We help entrepreneurs in understanding market trends, potential opportunities and associated risks to anticipate  forthcoming situations and ascertain business sustainability in the long run. After considering all elements related to starting a new venture and providing detailed numerical analysis, we provide recommendations on how feasible and profitable the business is expected to be.
New Venture Assessments specifically include:
● New Venture Idea and Strategy Analysis: to evaluate the potential success and feasibility of the idea given the available technology and proposed  business strategy.
● Market Analysis: to estimate customer needs and demands, prices, market size and expected market share, surrounding competition, industry trends, etc
● Financial Analysis: to anticipate the associated costs and revenues, profit margins,capital requirements, return on investment, etc

Examples within service :

Blue-print for Ministry Unit Acumen was engaged by the UK's national standards body to support in the development of a blueprint. Case study →
Market Assessment Acumen worked with a food company based in Austria, looking to add a syrup production line to their factory in Egypt. Case study →