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Financial Services

New Business Launch

Situation and Challenge

A financial services company wanted to extend their existing credit card offerings. They currently only served the consumer market and hypothesized that small businesses would be a logical extension of their product line.

Solution

We analyzed and researched the market, trends, competition and rival products. We defined the market, vision and strategic imperative for the new card business, carefully considering the target market and positioning of the new product. Product features were identified, several direct mail campaigns and product offerings were tested and credit criteria and the approval process were established. We also developed the project plan and a financial forecast for various market and growth scenarios.

Results

The business was successfully launched within 5 months of conception. Initial tests results were positive and the company decided to continue testing into the market.

Soundpoint Valuations, LLC
Phone: 415-595-5225
Email: mike@soundpointvaluations.com

Serving California and the greater Los Angeles area including Woodland Hills, Calabasas, Westlake Village, Thousand Oaks, Encino, Sherman Oaks, Northridge, Agoura Hills, Tarzana, Reseda and Van Nuys. Also serving the greater Seattle area and clients nationwide.

Soundpoint Consulting, LLC
Phone: 415-847-4808
Email: kelly@soundpointconsulting.com

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© 2026 Soundpoint Valuations

  • Home
  • About Us
    • About Soundpoint
    • Team
    • Careers
  • Testimonials
  • Services
    • Business Valuations
    • Business Consulting & Exit Planning
    • Forensic Accounting & Divorce Analytics
  • What We Do
    • Our Work
    • Case Studies
  • FAQs
  • Blog
  • Newsletter
  • Contact Us
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