1. Presented by Carol Hanlon,GAICD, MIEF
Belmont Business Enterprise Centre Inc.
Textile Clothing Footwear Centre of WA Inc.
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2. www.belmontbec.com
Mentoring, low cost advisory services, online training
Virtual ONLINE small business support
Assists over 20,000 small businesses across Australia
Established 1994 – non profit community organisation
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3. Virtual ONLINE fashion business support
Assists over 6,000 fashion businesses acrossAustralia & Globally
Established 1998 – non profit member organisation
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6. Assisting emerging designers to develop & grow
supply chain support networks & expertise
www.fashionincubators.com
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7. Ensure the health, safety and well-being of all women
and men workers.
Treat all women and men fairly at work – respect and
support human rights and nondiscrimination.
Establish high-level corporate leadership for gender
equality
Promote education, training and professional
development for women.
Implement enterprise development, supply chain and
marketing practices that empower women.
Promote equality through community initiatives and
advocacy.
Measure and publicly report on progress to achieve
gender equality.
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9. ‘ONLINE’ training and
mentoring to develop the
business skills and business
growth potential of women
in new or existing home-
based, micro small
businesses.
www.bpwbusinessincubator.com
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10. ChineseTaipei Republic of Korea
The Philippines Chile Australia
APEC Pilot Project
WOMEN IN BUSINESS ONLINETRAINING & MENTORING
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16. HI’s
Low’s
Doing the Jobs – Making, Buying, Selling, Accounts, Phone, Cleaning, etc.
What does it Cost-price per hour what cost $ per what job & how many hrs per week
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17. $ Years
Income
Now __________________________________
Future ________________________________
Hours
Now __________________________________
Future ________________________________
Lifestyle
Now __________________________________
Future ________________________________
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18. STRENGTHS
What are your strengths?
WEAKNESSES
What are your
weaknesses?
Build on your strengths…
Avoid or overcome your
weaknesses
OPPORTUNITIES
What opportunities exist?
THREATS
What threats exist?
Take advantage of the
opportunities… Avoid the threats…
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19. Instructions:
Put a dot on the appropriate spot within the column that best describes your current
situation.
Points
Score
1 2 3 4 5
No
Idea
Slightly
Unsure
Still
Struggling
Almost
Confident
My
“Forte”
Goal Setting & Entrepreneurial Spirit
Sub-Total
1 I am optimistic, self-sufficient and dedicated to complete the tasks I started.
2 I work independently and think unconventionally.
3 I am versatile, intuitive, welcomes new challenges and change.
4 I take calculated risks, evaluate likely benefits and set attainable goals.
5 I am proactive therefore has great drive and determination.
Time Management & Communication Skills
Sub-
Total
1 My time management enables me to accomplish the priorities I set for the day.
2 I avoid procrastination and develop timely and wise decisions.
3 I am versatile to multi-task and yet empower my staff to take initiative if required.
4 My employees are important assets so I ensure good rapport with them.
5 I am articulate and capable to promote my products and services.
Intellectual Property (IP) & Legal Matters
Sub-
Total
1 Intellectual properties like name of business, inventions, designs, work of creative
or intellectual effort, or marks are business assets and can be sold or licensed.
2 Trademarks, copyright, patents, design right and registration are ways to protect
your IP.
3 I own a trademark that distinguishes my products and services from my
competitors and will register it as website address to protect it from being used as
domain name by others.
4 Non-disclosure agreements will protect my idea but still receive input from
partners.
5 I know when, how and where to seek advice on tax planning and minimization.
Products/ Services Design & Development
Sub-
Total
1 The life cycle of a product starts from product development, introduction, growth,
maturity and decline.
2 Product development should consider changes in customer’s tastes and
environment.
3 Product strategies include product diversification, deletion, revitalization and
harvesting.
4 My products and services are enhanced through good design, attractive,
packaging and competitive pricing.
5 I have continuum in product design improvement by gathering feedback of my
customers needs.
BPW Business Incubator Training & Mentoring Project
Self-Assessment on Business Development and Goal Setting
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20. Instructions:
Put a dot on the appropriate spot within the column that best describes your current
situation.
Points
Score
1 2 3 4 5
No
Idea
Slightly
Unsure
Still
Struggling
Almost
Confident
My
“Forte”
Supply Chain & Distribution Channels
Sub-Total
1 I have a pool of suppliers for raw materials and services that give bulk discount if
not credit terms.
2 My good marketing channel of distribution directs my products and services to my
consumers.
3 My marketing intermediaries perform transactional, logistical and facilitating
functions.
4 I have efficient distribution from order processing, inventory management,
materials handling, warehousing and transporting.
5 Outsourcing is a possible option if I have no available in-house expertise.
Marketing & E-Commerce
Sub-
Total
1 A sound marketing plan is essential for business growth as it includes your
business location, target customers, competition and positioning.
2 Marketing promotional mix refers to specific mix of advertising, personal selling,
sales promotions, public relations and direct marketing.
3 A market research will answer questions about the industry, potential consumers
and competitors.
4 The power of choosing correct advertising media like effective signage,
broadcasting, TV commercials and website can boost sales and reinforce my
business presence.
5 E-commerce is now the fast trend and my web presence will promote my products
and services.
Finance, Grants & Expansion
Sub-
Total
1 Financial Statements refer to Trading, Profit and Loss and Balance Sheet.
2 I know how to prepare and interpret all the indicative results from these monthly-
prepared reports.
3 I try to follow my budget and manage the resulting variances including cash flow
and debt recovery.
4 Grants are available for some types of business venture as a source of financing.
5 Business expansion is within my sight in the next 2 – 3 years.
Business Strategy & Benchmarking
Sub-
Total
1 I devised my own business model to deal with revenue-cost-profit economics to
demonstrate the viability of my whole enterprise.
2 I seek and identify best practices to give the firm capabilitiesthat rivals cannot
match.
3 Business Continuity Planning is part of my firm’s risk management to meet any
emergencies.
4 Benchmarking is the process of comparing my firm’s products and processes to
those of competitors to find ways to improve quality and performance.
5 I review my Business Plan to ensure that the current operation and business
results are as expected.
BPW Business Incubator Training & Mentoring Project
Self-Assessment on Business Development and Goal Setting
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21. Interpretation of the Assessment
1-5 6-10 11-15 16-20 21-25
Light Shade Light Medium Shade Medium Shade Medium Dark Shade Dark Shade
Indicates weakness.
You need to put in more time
and effort to develop a better
understanding of the areas
concerned.
Indicates basic understanding.
You will need to continue
learning in-depth for business
survival.
Indicates working knowledge.
You should reinforce your
knowledge in order to move on
to the next level.
Indicates competence.
You will achieve competitive
advantage & capabilities.
Indicates strength.
You are guaranteed of good
results and success in your
chosen field.
BPW Business Incubator Training & Mentoring Project
Self-Assessment on Business Development and Goal Setting
Instructions:
1 Add the point allocation per response on each category on your self-assessment sheets.
2 Write the result of each category on the sub-total column.
3 Plot the results by shading the respective circles accordingly in the table provided.
5 Join all the dots and discover your current state as indicated by the resulting graph.
6 Devise your action plan.
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22. Points
Goal Setting
&
Entrepreneurial
Spirit
Time
Management &
Communication
Skills
Intellectual
Property
&
Legal Matters
Products/
Services
Design &
Development
Supply Chain &
Distribution
Channels
Marketing
&
E-Commerce
Finance,
Grants
&
Expansion
Business
Strategy
&
Benchmarking
21-25 O O O O O O O O
16-20 O O O O O O O O
11-15 O O O O O O O O
6-10 O O O O O O O O
1-5 O O O O O O O O
Action Plan
Priority
Option 1
Option 2
Option 3
BPW Business Incubator Training & Mentoring Project
Self-Assessment on Business Development and Goal Setting
Summary Score Table and Action Plan
Variations: Use different colours to plot results for different dates of re-doing the assessment to highlight improvements.
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23. 1. Understanding the Basics
2. Undertake a Personal Assessment
3. Decide if YOU do want to change or improve yourself
4. Analyse your Day, Week, Month,Year
5. Keep a time sheet, group your time spent under headings
6. How to become efficient and effective
7. Planning is the key
8. Self management – Internal threats
9. Being disorganized is the major causes – clear the clutter
10. Learn how to say NO
11. Managing Others – External threats
12. Control your information overflow – cancel junk mail
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25. Carol Hanlon carol.hanlon@tcfglobal.com
Belmont Business Enterprise Centre & BEC Global
Textile Clothing Footwear Resource Centre of WA (TCFWA)
www.tcfwa.com
TCF Australia www.tcfaustralia.com
TCF Global www.tcfglobal.com
Designedge Fashion Incubator
www.designedge.net.au
Belmont Business Enterprise Centre (BEC) www.belmontbec.com
Address - PO Box 370, Cloverdale. WA 6985, Australia
E| info@tcfwa.com P| 61 8 9479 3777 F| 61 8 9479 3888
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