Operational Development
Operational Development are Development Tracks that may need to be developed to ensure enablement of the eDream.
Contents
Operational Requirements
Operational Requirements are a subset of the minimum requirements that must be achieved or addressed to satisfy each of the eDream Components and Enablement Components. The requirements are listed in a grid in the Enablement Strategy along with the strategy of you the requirement will be satisfied.
Administrative
Administrative is part of the Operational Development that must be achieved or addressed to satisfy each of the eDream Components and Enablement Components.
Mission
Operational Mission - if different than eDream mission, Primary Aspirer mission: King, Control or Purpose
Entity
- What is the entity? Personal, business, not-for-profit, etc.
- Self-employed, Sole Proprietorship, Partnership, LLC, C or S Corporation
- Does an entity need to be created?
- Who owns it?
Governance
How are decisions made? Who has control? Operating Agreement
Legal
Are there legal restrictions over your solution, communications or operational? Besides the tax code, what other regulatory compliance will be necessary? i.e., managing employees, FDA for health products, etc.,
Risk Management
Do you need insurance, accountant, legal advice?
Financial
Financial is part of the Operational Development that must be achieved or addressed to satisfy each of the eDream Components and Enablement Components.
Financial Plan
- Financial Plan - 6 months, 2 years, 5 years
- Projected Financial Reports
- Revenue & Expenses (P&L, Income Statements) Cash Flow, Balance Sheets
- Cash Flow Projections
Investment Plan
- How much do you need?
- How much needs to be raised? From who? When?
- Do you have an Investor Pitch?
Balance Sheet
- Assets & liabilities, projected balance sheet, valuation
