To explore new business for Old Time Productions

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To explore new business for Old Time Productions by Mind Map: To explore new business for Old Time Productions

1. Question: Have we researched the new targeted customers?

2. Question: Is there a audience interested in this product?

3. Question: Can the company afford to take a loss?

4. Question: Will we lose key personnel in moving on this product?

5. Can we afford to lose key personnel in launching this product?

6. Do we have strong product? Has it been tested?

7. Have any focus groups been conducted?

8. Evidence: Old Time Productions has been in business for 75 years

9. Evidence: Their business has been successful for years

10. Evidence: Business is stagnant

11. Evidence: No new customers are coming in

12. Evidence: Old Management is against the idea or trying to acquire new customers

13. Evidence: New management is for acquiring new cutomers

14. Further Research: New Target Audience

15. Further Research: Have we done enough research?

16. Further Research: Do we have a strong budget?

17. Further Research: Do we have a solid business and marketing plan?

18. Purpose is to explore the feasibility of seeking new business

19. Question: Do we have a budget for research and launch?