Accelerate Lab

Get your business headed in the right direction with Accelerate Lab

Estimated reading time: 2 min

Accelerate Lab is a downloadable DIY programme to take entrepreneurs through the business planning process. It includes support and a “fresh pair of eyes” to overview your current operations.
The programme is designed to enable business owners to visualise their business model, and check that the systems and structure and documentation are in place and your brand and marketing is focused and aligned, so that you can achieve the profitability results you want. Try the free diagnostic planning questionnaire, available on the website to assess which areas of your business might need attention.

What’s in it for business owners?

  • Clarity;
  • Increased profitability;
  • A sound platform on which to add more volume;
  • Credibility with external funders;
  • Risk management;
  • Use of proven systems and templates for speed and economy.

The programme is broken down into 4 modules, based upon a project management framework for efficiency and each module includes a worksheet document with diagrams and tables. The outputs are visual and crystallised, so that you can easily see and feel the high-level information, priorities, options and steps.

Examples are:

  • A one page step-up cash flow model, that shows each stage in the path to growth, at what stage/income or production level do you need to expand your resources? What does that mean for your business’s profitability.
  • A family tree of your total potential market segments/niches with your niches markets highlighted.
  • A niche/opportunity evaluation ranking table which enables you to assess any opportunity against the existing and each other, to identify the best opportunities and determine what you should focus on or do next.

Entrepreneurs can elect to do the entire programme (to satisfy an investors or funders for risk management purposes) or just select the modules they need. Each module comes with a specified number of support hours included which is detailed on the website: www.acceleratelab.co.nz

Accelerate Lab has been developed from the Start-Up Lab process for pre-trading businesses and uses a similar structure. Launched in early 2016 and currently having businesses trialling the programme, Accelerate Lab is working with them to ensure that it fully meets businesses needs. In return for a testimonial, it’s been offered a 30% discount on the normal prices on the website for selected businesses. If you would like to be part of the trial programme please contact [email protected] before 30 June 2016.

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