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Self Employment for People with Disabilities
 

Self Employment for People with Disabilities

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  • 2008 NJ APSE Conference Facing the Future XVI March 14, 2008
  • 2008 NJ APSE Conference Facing the Future XVI March 14, 2008
  • 2008 NJ APSE Conference Facing the Future XVI March 14, 2008
  • 2008 NJ APSE Conference Facing the Future XVI March 14, 2008

Self Employment for People with Disabilities Self Employment for People with Disabilities Presentation Transcript

  • Self-Employment for People with Disabilities
  • Why Start Your Own Business?
    • You want to do what you enjoy most.
    • You want to be your own boss.
    • You want financial independence.
    • You want creative freedom.
    • You want to fully use your skills and knowledge.
    • You want to work from home.
  • Do I Have What It Takes?
    • Are you a self-starter?
    • Do you get along well people and different personalities?
    • Are you good at making decisions?
    • Are you able to plan and organize your time and projects well?
    • Are you a hard worker?
    • How will I balance my business and my family?
  • Qualities of the Successful Small Business Owner?
    • Passionate
    • Decisive
    • Self Starter
    • Confident
    • Flexible
    • Resilient
    • Risk Taker
    • Reliable
    • Creative
    • Commitment
  • What Type of Business Do I want to Start ?
    • Questions to Consider?
      • What do I like to do with my time?
      • What skills have I learned or developed?
      • What do others say I am good at?
      • How much time do I have to run a successful business?
      • Do I have any hobbies or interests that are marketable?
  • So You Want to Start Your Own Business…
  • 9/04
  • 10/04
  • 11/04
  • 11/04
  • The Big Grand Opening! 11/04
  • So You Want to Start Your Own Business??? The Big Closing! 2/06
  • What Type of Business Do I want to Start ?
    • Home Based Business
    • Internet Based Business
    • Store Front/Brick & Mortar
    • Other…
  • What Type of Business Do I want to Start ?
    • Do I want to start a business on my own?
    • Do I want a partner? Several partners?
    • Will it be an independently owned business or…
    • … do I want to buy a franchise?
    ? ? ?
  • Can I Answer These Questions About My Business Idea?
    • Is my idea practical and will it fill a need?
    • What is my competition?
    • What is my business advantage over my competition?
    • Can I deliver a better quality service?
    • Can I create a demand for my business?
    • Do I have the necessary funds & financing?
  • Can I Answer These Questions About My Business Idea?
    • Is my idea practical and will it fill a need?
    • What is my competition?
    • What is my business advantage over my competition?
    • Can I deliver a better quality service?
    • Can I create a demand for my business?
    • Do I have the necessary funds & financing?
  • Self-Employment for People with Disabilities
  • Small Business Financing
    • Questions to Consider:
      • How much money will I need to start my business?
      • Where will I get it?
      • How will I use this money?
      • When do I have to repay it?
  • Small Business Financing
    • Important Lender Considerations of Applicant
      • Credit History/Score
      • Available Cash
      • Borrowers Collateral
      • Work History:
        • Relevant Work Experience
        • Managerial Experience
  • Small Business Financing
    • Possible Financial Resources
      • Self-financing
      • Bank loans
      • Credit card debt
      • Family & Friends
      • Investors
      • Grants
  • Putting It All On Paper?
    • Developing a Business Plan
      • Do I need to write a business plan?
      • Is it hard to write?
      • When should I write it?
      • Who will see it?
      • What should be in the business plan?
      • How long should it be?
  • Business Plan Basics
    • Executive Summary
    • Market Analysis
    • Company Description
    • Organization & Management
    • Marketing & Sales Management
    • Service or Product Line
    • Funding Request
    • Financials
    • Appendix
  • Why Do Small Businesses Fail ?
    • Insufficient Planning
    • Inadequate Experience
    • Poor Location
    • Competition
    • Inadequate Marketing & Advertising
    • Unrealistic Expectations
    • Lack of Money
  • General Small Business Resources
    • www.sba.gov
    • www.njsbdc.com
    • www.state.nj.us/njbusiness
    • www.valleynationalbank.com
    • www.smallbusiness.com
    • www.entrepreneur.com
  • Disability Related Small Business Resources
    • www.dol.gov/odep
    • www.jan.wvu.edu/SBSES
    • www.disabilityinfo.gov
    • http:// lwd.dol.state.nj.us/labor/dvrs/DVRIndex.html
    • http://www.vba.va.gov/bln/vre/smbus.htm
  • Anthony Camuso Director of Operations Partnerships for People, Inc. 748 Morris-Essex Tpk. Short Hills, NJ 07078 973-467-9808 x.114 [email_address] Thanks for your Participation!