Intro to entrepreneurship

1,230 views

Published on

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,230
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
53
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Intro to entrepreneurship

  1. 1. Introduction to Entrepreneurship<br />MRS. LOGAN<br />
  2. 2. WHAT IS AN ENTREPRENEUR? <br />An entrepreneur is an amazing person who organizes, operates, and assumes the risk for a business venture.<br />To start a new business entrepreneurs need a business plan, which we will discuss next.<br />
  3. 3. What is a Business Plan and Why Have One?<br />A business plan is a series of documents that serves as a blueprint for starting a business.<br />A business plan includes information about<br />the business<br />the industry in which it competes<br />its products and/or services<br />its customers<br />its competitor, and<br />its finances<br />
  4. 4. What is a Business Plan and Why Have One?, cont’d.<br />Business plans allow owner to break down the process because it can be an overwhelming task.<br />Business plans indicate<br />current status of the business<br />vision; future goals, and objectives<br />a plan to achieve the vision<br />
  5. 5. What is a Business Plan and Why Have One?, cont’d.<br />The primary functions of a business plan are<br />set goals and objectives<br />attract potential investors<br />acquire financing<br />attract quality emloyees<br />attract potential new customers<br />
  6. 6. Components of a Business Plan<br />Cover Page<br />Executive Summary<br />Company Description<br />Description of Products and Services<br />Market Analysis<br />Marketing Plan<br />Operating Plan<br />Funds Required and Expected Uses<br />Financial Statements<br /><ul><li>Owner’s Credentials (resume)</li></ul>Supplemental Attachments<br />
  7. 7. Characteristics of a Good Business Plan<br />Neat<br />Organized<br />Professional<br />Well-written and well-designed<br />Highlight important aspects of the business<br />
  8. 8. Major Factors to Consider Before Selecting Your Business<br />What are your interests?<br />What are your abilities?<br />Do you have the start up money and necessary resources?<br />Profit potential<br />Pleasure<br />Availability<br />
  9. 9. Possible Teen Businesses<br />
  10. 10. Teen Entrepreneurs<br />
  11. 11. Class Assignment<br />Read pp. 25-27<br />Complete “ Choosing Your Teen – Based Business”<br />

×