- About us
- How to start business
- What are key performance indicators of Business?
- Key things to consider for expansion Globally?
- Key problems in Manufacturing Industry
- Problems of Startups
- What is Business Plan?
- Case Study
- Pricing Details
Importance of Road Map for Start ups
So what is road map which you come across quite often, road map is the gestation period where in time taken by a company to set up the required infrastructure for generating revenues, this plays a vital role as it gives a company / start up a deadline period in which specific work needs to be done.
This sheet is in direct proportional to revenue model, time exceeded in implementation against road map sheet will ensure revenues are zero but expenditures on rise.
The company CPM will start going into negative path when deadlines mentioned in road map are not adhered or not achieved.
How to ensure CPM doesn’t go to negative path, given enough time for yourself for implementation as details of work to be done will be interconnected hence care should be given in planning care full with good buffer time to completion.
Major components which are not in your control you should give good buffer time like for e.g getting systems in place or interiors which are not in your control and this alone can effect your road map One basic thing to be kept in mind is don’t be to ambitious by saying no I can finish this work in 2 weeks, but if it doesn’t happen things go to frustration levels hence always advised to have enough space.
When company road map has product development then ensure deadlines are met as any company to be successful needs to have product or service launched at right time in market.