Background Note | HBS Case Collection | September 1985

Pre-Start Analysis: A Framework for Thinking About Business Ventures

by Howard H. Stevenson and John R. Van Slyke

Abstract

Describes the thought process an entrepreneur should undergo before committing to a course of action. Covers understanding the opportunity--assessing the critical skills, resources, relationships, and approvals--developing an action plan; forming a business entity; controlling the venture; harvesting the venture; and then a brief summary. Provides a useful framework to be used by entrepreneurs starting their own venture.

Keywords: Business Ventures; Entrepreneurship; Framework; Growth and Development Strategy; Management Skills; Resource Allocation;

Citation:

Stevenson, Howard H., and John R. Van Slyke. "Pre-Start Analysis: A Framework for Thinking About Business Ventures." Harvard Business School Background Note 386-075, September 1985.