1. Product Ideation
- Identify consumer needs
- Collaborate on relevant product ideas
- Conduct competitive analysis
2. Cost Analysis
- Identify margins and retail price targets
3. Product Formulation
- Product functionality
- Initial formula design and research
4. Prototyping
- Prototype creation and refinement
- Scale-up model with packaging and manufacturing considerations
5. Quality Assurance & Production Support
- Implement protocols
- Identify suppliers
- Pre-production planning
- On-site production supervision
6. Ongoing Support
- Product reviews with investors and company representatives
- New products
- Reformulations
- Product cost reductions and improvements
- Position your company for growth, mergers, buy-outs
