Establishing a new venture - Lecture 13

1. ESTABLISHING NEW VENTURE
Compiled by: PLAN 9

2. AGENDA OF
THIS LECTURE
HOW TO CREATE A VENTURE?

3. ISSUES AND CHALLENGES IN
NEW VENTURE CREATION
ROLE OF INCUBATION CENTERS
THE ROLE OF NETWORKS
LACK OF MARKET KNOWLEDGE
LIMITED FINANCIAL CAPACITY
LACK OF SKILLED LABOUR
PRODUCT DEVELOPMENT

4. STAGES OF NEW VENTURE CREATION
CULTURAL AND
MARKET AWARENESS
INFORMATION
SEEKING
STRONG INTENTION
TO START A BUSINESS
IDEA FOR A PRODUCT
OR SERVICE
PRE-START
PREPRATION
GROWTH AND
EXPANSION
TRAININGS

5. KEY POINTS TO CONSIDER
ECONOMIC FORCES
EXCITING ASPECT OF
ENTREPRENUERSHIP
FOR YOU
THE MOST
WORRISOME ISSUES
FOR YOUR BUSINESS
YOUR BUSINESS
PLAN
WHICH RESOURCES
ARE DIFFICULT TO
OBTAIN
MARKET RESEARCH
AND INFORMATION
SEEKING
INVESTORS COMPETITIORS