Considering a business presentation v190710
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This document outlines the key points to consider when starting a business, as presented by business owner and trainer Yvette Adams. The presentation covers evaluating one's skills, goals, and business ideas; analyzing the market, competition, and environment; ensuring financial viability; addressing legal and regulatory requirements; and getting help from resources like the Queensland government website. The goal is to help people thrive, not just survive, in business by thoroughly assessing feasibility and readiness before launching.
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Considering a business presentation v190710
- 3. Revisit - Key points from workbook (25 mins)
- 4. Refer – To points noted from your questionnaire feedback (throughout)
- 5. Review – Key questions asked (5 mins)
- 9. Have started 4 businesses from scratch, some of which have since been sold
- 10. Now owner/director/franchisor of The Creative Collective.
- 11. Work with start-ups through to large corporates locally, nationally and internationally
- 12. Mother of 2 - aged 3 years and 6 years
- 15. Am I ready & able to conduct a business?
- 16. Why am I going into business?
- 17. Goals & actions
- 18. Example – Tikanga Teeshirts versus The Creative CollectiveYOUR AIM SHOULD BE TO THRIVE, NOT SURVIVE!
- 20. Is there demand for your product/service and what are you basing this on?IS YOUR IDEA A GOOD ONE?
- 24. Customer service
- 25. What is marketing & what are your options?PRODUCT, PRICE, PLACE, PROMOTION
- 26. Queensland accounted for the highest number of business related personal bankruptcies in 2009 at more than 1,000. NSW and Victoria followed with just more than 800 and 560 respectively. The cold hard facts Business failures rose by 12 percent in 2009 on 2008 and 28 percent on 2007 figures, while personal bankruptcies increased by seven and ten percent respectively. An ASIC report showed 40% of Australian businesses fail because of inadequate cash flow. It’s very difficult to get good figures on business closures and failures; however, more common reasons include inability to manage growth and inadequate cash flow.
- 28. What will be your USP?CAN YOU COMPETE, OR BEAT, THE COMPETITION?
- 29. ? Consider the environment Volunteers for a live SWOT Internal factors Environmental factors SWOT (Strengths, Weaknesses, Opportunities, Threats) External factors
- 30. Consider your finances How will you go into business? Is there demand for your product/service and what are you basing this on? Can we make an income to survive? What will you charge? Are your finances in order? CAN YOU AFFORD TO BE IN BUSINESS?
- 32. Do you have the necessary resources
- 33. Where will you work from – location is important IS YOUR IDEA A GOOD ONE?
- 36. What is your main motivating factor to start your own business?
- 37. What sort of action points are highest on your priority list?
- 38. What areas do you feel you need help in? IS YOUR IDEA A GOOD ONE?
- 39. Help is available… www.business.qld.gov.au Business Hotline - 1300 363 711
- 40. We need your feedback! Please complete the evaluation survey on it’s way to you now
Editor's Notes
- Now down the bottom there is also a chat function. I want you to drop me a line when ever you want i.e ‘I am really enjoying this’ or ‘I have experienced this problem too’. However when it comes to questions in the final 10 minutes you have one of two options, you can put your hand up to indicate you have a question and we will unmute you, announcing you first or you can submit a question via text and you can choose who to direct your question to. Today its just me, in the future there will be others.By default you will all be muted throughout the presentation but don’t forget to keep interacting with this suite of icons I’ve just introduced you to. Sound good? Show me a response now.
- This is not school – I don’t want you to sit there and take a lecture, I want you to interact. The more information we have, the better job we are doing. So let me take you through the functions and how I want you to participate in today’s lesson: If I ask a question, I want you to respond by displaying an icon or dropping me a textSo here’s some icons you can show meThe hand – we’ll use this to sow you have a question you want to ask – we’ll do this in the last 10 minutesGreen tick – use this to show me you have already got this sorted i.e I have done this. Click on the green tick now. Red cross – use this to show me you haven’t done this. Click on the red cross now. You have the option to tell me to go faster or slower – I have a tendency to go fast but remember a certain levelEmoticons – these are my favourite and I’m pretty sure they’ll be yours too. Some in particular I want to point our, if you have as a result of what I am telling you had a light bulb moment click on this. One I don’t think you will need is the cup of tea. Click this now to show me you know how to do it.
- Businesses I have been involved in vary – from a newspaper when I was 17 which got bought out by an American entrepreneur after its first issue to a purely online business selling teeshirts to an education portal and now The Creative Collcetive.We’re a creative agency with clients all over the countryIf you’re a parent juggling running a business or cnosidering going into business I can certainly give you the heads up there – The Creative Collective was started from home when my second child was just 7 weeks old.Now I LOVE training others and I particularly love training through webinars. You can sit in the comfort of your own home or even someone elses, no need to arrange care, find parks, commute – just sit back, relax and LEARN! So here goes…
- Start by answering questions from people who submitted them.Open up to others.
- You don’t have to be alone – help is at handNot just help but resources tooMake it your FIRST PORT OF CALL
- A link is being sent to you now to complete – it is only 5 questions and wont take you long at all. It is part of our contract with DEEDI to get your feedback, but we’re happy with this it helps us make them better.