Entrepreneurship New

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Entrepreneurship New

  1. 1. Opportunities and Challenges on Entrepreneurship Development
  2. 2. 1.Introduction to starting and Operating your Own Business Objectives and Goals
  3. 3. 2. What type of business will you choose to own? <ul><li>Narrowing the Field </li></ul><ul><li>Product or Service based? </li></ul><ul><li>Market Research </li></ul><ul><li>Primary Research </li></ul><ul><li>Secondary Research </li></ul><ul><li>Build, Franchise, or Buy? </li></ul>
  4. 4. 3. Foundation of Success: The Business Plan <ul><li>BP is a navigational Road </li></ul><ul><li>BP provides credible input for bankers and Professionals </li></ul><ul><li>BP facilitates communication </li></ul><ul><li>BP Develops Managerial skills </li></ul>
  5. 5. 4.You mean It takes Money? <ul><li>Starting from Scratch </li></ul><ul><li>Buying an existing business </li></ul><ul><li>Purchasing a Franchise </li></ul><ul><li>Manufacturing </li></ul><ul><li>Retail </li></ul><ul><li>Service </li></ul>
  6. 6. 5.Building your corporate Team and assembling your resources <ul><li>The Partnership </li></ul><ul><li>Corporation </li></ul><ul><li>Resources </li></ul><ul><li>People </li></ul><ul><li>Places and Organizations </li></ul><ul><li>Things </li></ul>
  7. 7. 6. Marketing Strategies <ul><li>Analyze the Market </li></ul><ul><li>Game Plan </li></ul><ul><li>Personality Traits of a Successful marketer </li></ul><ul><li>Successful Market Formula </li></ul><ul><li>The Adverting Media </li></ul><ul><li>Developing a Marketing Plan </li></ul>
  8. 8. 7. Managing your Business and Making a Profit <ul><li>Get Organized </li></ul><ul><li>Human Resources </li></ul><ul><li>Accounting </li></ul><ul><li>Inventory </li></ul><ul><li>Vehicles </li></ul><ul><li>Equipment </li></ul><ul><li>Customer files </li></ul><ul><li>Insurance </li></ul>
  9. 9. <ul><li>Get in Touch </li></ul><ul><li>With </li></ul><ul><li>[email_address] </li></ul><ul><li>[email_address] </li></ul>

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