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SMALL BUSINESS
                                 By: Shiv Patel

               (http://www.sba.gov/contractingopportunitie...
THESIS

With this presentation, my main goal is to educate my fellow
students on the processes’ of creating a small busine...
PERSONAL STATEMENT

This project reflects upon me because when I grow up, I would
like to own a small business. Also, throu...
BUSINESS IN GENERAL


                                                                Selling Old Toys

                  ...
KING OF PRUSSIA




     http://en.wikipedia.org/wiki/King_of_Prussia_Mall

    http://img459.imageshack.us/i/malls9d2d682...
STARTING OUT SMALL
• Major   businesses started small

• McDonalds    in San Bernardino

• Only   9 menu items




       ...
SMALL TO BIG




  "McDonald's History." About McDonald's. McDonald's, 2010. Web. 4 Apr. 2010.
       <http://www.aboutmcd...
Small Business Role




       99.7% of 25.8 million businesses
Small Businesses generate 60-80% of new jobs.


   Mrs. Mc...
DEFINING SMALL BUSINESS


                                              Number of Employees

                             ...
PROS AND CONS
• Higher   Incomes                                                      • Risk

• Self-Determinism          ...
MISTREATMENT OF SMALL
      BUSINESSES
• Virginia-       health
 care

• Variety
        Health
 Insurance
 Market

• Affe...
N.F.I.B.
• Small   Business Tips

• Works to strengthen a small
 business

• Legal
      Help to Fight for
 Business Right...
Business Plan
    Starting Up?
Township’s Decision
Finance and Location




                       Abrams, Rhonda. The Suc...
EXECUTIVE
SUMMARY




Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.
     Palo Alto: The Pl...
THE BUSINESS SECTION




 Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.
                  ...
MARKET ANALYSIS




                            Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ...
FINANCING



                                      Loans

            Cash Flow Statement

            Plan to Pay Back Mo...
MANAGEMENT




  Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.
       Palo Alto: The Plann...
LICENSES/
 PERMITS
 Local, State, Federal

 Courthouse/ Lawyer




                  Holland, Phil. My Own Business: A Cou...
LOCAL LICENSE




Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My
     Own Business Incorpo...
STATE LICENSE

Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My
     Own Business Incorporat...
FEDERAL LICENSE


                  Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My
       ...
BUSINESS NAME




Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My
     Own Business Incorpo...
RAYMOND AND STEPHANIE YEH
                                        Successful in
                                          ...
THE ART OF POSSIBILITY




     Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of
          G...
THE ART OF TIMING




    Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of
         Giants. ...
THE ART OF LEVERAGE




       Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of
            ...
THE ART OF MASTERY




      Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of
           Gia...
THE ART OF LEADERSHIP




                       Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footste...
APPLICATION




  http://charlespaolino.files.wordpress.com/2009/10/cottinghambarber.jpeg
HAIR CUTTING KIT




      http://thinkdeal.net/images/18149f.jpg
FREE HAIRCUTS




       Dicou, Natalie. "Haircuts a Deal for Students and Kids." The Salt Lake Tribune 4
            Nov....
BUZZ (BEFORE)
BUZZ (AFTER)
HIGH FADE (BEFORE)
HIGH FADE (AFTER)
LOW FADE (BEFORE)
LOW FADE (AFTER)
IVY LEAGUE (BEFORE)
IVY LEAGUE (AFTER)
STYLES & CUTS
"Business opportunities are like buses, there's always another one coming."
                                              ...
CLASS ACTIVITY

Create a business, and write
down the steps required to
         pursue it.
WORKS CITED
                                                                                 "Quotations from Famous Entre...
CONCLUSION
CONCLUSION

•Ihope this presentation has changed your view on the
 importance of business in our lives. It can also benefit...
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  1. 1. SMALL BUSINESS By: Shiv Patel (http://www.sba.gov/contractingopportunities/officials/size/index.html) http://businessalliancenetwork.org/images/istockphoto_2329203_business_statistics_white_graph_chart.jpg
  2. 2. THESIS With this presentation, my main goal is to educate my fellow students on the processes’ of creating a small business and its importance in our lives. Cutting hair represented a small business for my application as well as me creating a business plan.
  3. 3. PERSONAL STATEMENT This project reflects upon me because when I grow up, I would like to own a small business. Also, throughout my years of high school, I have been cutting my friends hair during the weekends. This way they did not have to go out and spend money to obtain a simple hair cut.
  4. 4. BUSINESS IN GENERAL Selling Old Toys Trading Lunches Commodities/Economy http://www.businessdictionary.com/definition/business.html) http://www.campusaccess.com/images/business-school.jpg
  5. 5. KING OF PRUSSIA http://en.wikipedia.org/wiki/King_of_Prussia_Mall http://img459.imageshack.us/i/malls9d2d6821ib3.jpg/
  6. 6. STARTING OUT SMALL • Major businesses started small • McDonalds in San Bernardino • Only 9 menu items "McDonald's History." About McDonald's. McDonald's, 2010. Web. 4 Apr. 2010.      <http://www.aboutmcdonalds.com/mcd/our_company/mcd_history.html>. http://media-2.web.britannica.com/eb-media/64/19464-004-35646362.jpg
  7. 7. SMALL TO BIG "McDonald's History." About McDonald's. McDonald's, 2010. Web. 4 Apr. 2010.      <http://www.aboutmcdonalds.com/mcd/our_company/mcd_history.html>. http://www.telovation.com/photos/distance-between-mcdonalds-in-the-us.jpg
  8. 8. Small Business Role 99.7% of 25.8 million businesses Small Businesses generate 60-80% of new jobs. Mrs. McCarthy’s Educational Manual. Preparing for Success in Business: Entrepreneurship, Economics, and The Business Plan http://www.sanfranciscosentinel.com/wp-content/uploads/2009/07/small-business-health-insurance-cost-2-2.jpg
  9. 9. DEFINING SMALL BUSINESS Number of Employees Volume of Sales Geographic Area Served Mrs. McCarthy’s Educational Manual. Preparing for Success in Business: Entrepreneurship, Economics, and The Business Plan http://thumbs.dreamstime.com/thumb_341/1228696837Lw5gRR.jpg
  10. 10. PROS AND CONS • Higher Incomes • Risk • Self-Determinism • Work Load • Satisfaction • Responsibility • Lower Taxes • Competition "Pros and Cons of Small Business Ownership." Preferred Consumer. pipelineCMS, 2      Apr. 2010. Web. 1 Apr. 2010. <http://smallbusiness.preferredconsumer.com/      starting/pros_cons/>.
  11. 11. MISTREATMENT OF SMALL BUSINESSES • Virginia- health care • Variety Health Insurance Market • Affectsall of Virginia in the end "Support Small Businesses." Richmond Times- Dispatch 1 Nov. 2009: E1.      ProQuest Newspapers. Web. 9 Nov. 2009. http://2.bp.blogspot.com/_o5448mC82AU/So7M0nuz95I/AAAAAAAAAVk/0TQHuILy1Xs/s320/health+care+symbol.jpg
  12. 12. N.F.I.B. • Small Business Tips • Works to strengthen a small business • Legal Help to Fight for Business Rights NFIB The Voice of Small Business. National Federation of Independent Business,      2009. Web. 1 Dec. 2009. <http://www.nfib.com>. http://reachingthestars.files.wordpress.com/2009/02/photo-gavel-and-flag.jpg
  13. 13. Business Plan Starting Up? Township’s Decision Finance and Location Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.      Palo Alto: The Planning Shop, 2003. Print. http://www.myownbusiness.org/index.html http://thecompanyline.wordpress.com
  14. 14. EXECUTIVE SUMMARY Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.      Palo Alto: The Planning Shop, 2003. Print. http://www.planware.org/pwb1/images/pwbexec.gif
  15. 15. THE BUSINESS SECTION Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed. http://www.businessnameusa.com/images/dba.jpg      Palo Alto: The Planning Shop, 2003. Print.
  16. 16. MARKET ANALYSIS Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.      Palo Alto: The Planning Shop, 2003. Print. http://1.bp.blogspot.com/_xyQG19e8uRk/Rm3sMsgf8NI/AAAAAAAAAGU/b9s47ID3U4E/s400/Supply%2B&%2BDemand%2Bphoto.jpg http://www.cartoonstock.com/lowres/ear0567l.jpg
  17. 17. FINANCING Loans Cash Flow Statement Plan to Pay Back Money Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.      Palo Alto: The Planning Shop, 2003. Print. http://www.continuumjournals.com/images/95_cash_1.jpg https://file.autolookout.net/572/000048/9630/0/citizens_bank.jpg
  18. 18. MANAGEMENT Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.      Palo Alto: The Planning Shop, 2003. Print. http://www.infowit.com/images/time_graphic.jpg http://www.ceoofme.com/wp-content/uploads/2008/04/ceo.jpg
  19. 19. LICENSES/ PERMITS Local, State, Federal Courthouse/ Lawyer Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My      Own Business Incorporated, 2009. Web. 1 Dec. 2009.      <http://www.myownbusiness.org/index.html>. http://dcra.dc.gov/dcra/lib/dcra/license_center_logo_final.jpg http://www.spotsylvania.va.us/emplibrary/OldCourthouse.jpg
  20. 20. LOCAL LICENSE Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My      Own Business Incorporated, 2009. Web. 1 Dec. 2009.      <http://www.myownbusiness.org/index.html>. http://www.angelosonline.com/images/lakewood.jpg http://farm4.static.flickr.com/3497/4076739751_40967245ae.jpg
  21. 21. STATE LICENSE Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My      Own Business Incorporated, 2009. Web. 1 Dec. 2009.      <http://www.myownbusiness.org/index.html>. http://www.ecoliblog.com/photo_barbershop.jpg http://www.clausellandassociates.com/images/accounting.gif
  22. 22. FEDERAL LICENSE Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My      Own Business Incorporated, 2009. Web. 1 Dec. 2009.      <http://www.myownbusiness.org/index.html>. http://i.ehow.com/images/GlobalPhoto/Articles/5435852/371947-main_Full.jpg http://userpages.umbc.edu/~cpaul1/theintegralworm/meatpacking.jpg http://www.rm116.com/adcenter/images/greygoose.jpg
  23. 23. BUSINESS NAME Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My      Own Business Incorporated, 2009. Web. 1 Dec. 2009.      <http://www.myownbusiness.org/index.html>. http://www.myownbusiness.org/business_permits_license/ index.html http://images01.tzimg.com/cache/ h3w4/500_1181941020_19160305.jpg http://images.clipartof.com/small/64156-Royalty-Free-RF-Clipart- Illustration-Of-A-Pre-Made-Logo-Of-Orange-Solar-Panels-Above- Space-For-A-Business-Name-And-Company-Slogan-On-Black.jpg
  24. 24. RAYMOND AND STEPHANIE YEH Successful in Business CEO Software Companies Zero Time Publishing Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of      Giants. Olathe: Zero Time, 2004. Print. http://www.wordsmithsjournal.com/wp-content/uploads/2007/06/Steve%20Ross%20Juggling.jpg http://www.testpreppractice.net/GMAT/free-gmat-downloads%5Cgmat-software.jpg
  25. 25. THE ART OF POSSIBILITY Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of      Giants. Olathe: Zero Time, 2004. Print. http://z.about.com/d/taoism/1/0/0/-/-/-/yinYang.gif
  26. 26. THE ART OF TIMING Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of      Giants. Olathe: Zero Time, 2004. Print. http://www.harpercoaching.com/Images/HC_Black%20clock.JPG
  27. 27. THE ART OF LEVERAGE Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of      Giants. Olathe: Zero Time, 2004. Print. http://businessknowledgesource.com/health/images/upset26256257.jpg http://www.contracts-for-difference.com/pic/leverage.gif
  28. 28. THE ART OF MASTERY Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of      Giants. Olathe: Zero Time, 2004. Print. http://www.sites.si.edu/images/exhibits/Sports/images/Lance-Armstrong_jpg.jpg http://farm3.static.flickr.com/2057/2287988268_2bcf472638.jpg
  29. 29. THE ART OF LEADERSHIP Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of      Giants. Olathe: Zero Time, 2004. Print. http://www.istockphoto.com/file_thumbview_approve/5068696/2/istockphoto_5068696-leader-concept.jpg http://z.about.com/d/paddling/1/0/Z/0/-/-/8_with_coxswain_mens.jpg
  30. 30. APPLICATION http://charlespaolino.files.wordpress.com/2009/10/cottinghambarber.jpeg
  31. 31. HAIR CUTTING KIT http://thinkdeal.net/images/18149f.jpg
  32. 32. FREE HAIRCUTS Dicou, Natalie. "Haircuts a Deal for Students and Kids." The Salt Lake Tribune 4      Nov. 2009: n. pag. eLibrary. Web. 9 Nov. 2009. http://www.davis.k12.ut.us/schools/wasatch/images/A7ADF200A82D4567B0888B44D46A74DB.jpg
  33. 33. BUZZ (BEFORE)
  34. 34. BUZZ (AFTER)
  35. 35. HIGH FADE (BEFORE)
  36. 36. HIGH FADE (AFTER)
  37. 37. LOW FADE (BEFORE)
  38. 38. LOW FADE (AFTER)
  39. 39. IVY LEAGUE (BEFORE)
  40. 40. IVY LEAGUE (AFTER)
  41. 41. STYLES & CUTS
  42. 42. "Business opportunities are like buses, there's always another one coming." - Richard Branson, founder of Virgin Enterprises "We were young, but we had good advice and good ideas and lots of enthusiasm." - Bill Gates, founder of Microsoft Corporation "I had to make my own living and my own opportunity! But I made it! Don't sit down and wait for the opportunities to come. Get up and make them!" - Madam C.J. Walker, creator of a popular line of African-American hair care products and America's first black female millionaire "Quotations from Famous Entrepreneurs ." About.com . The New York Times Company,      2010. Web. 3 Mar. 2010. <http://entrepreneurs.about.com/od/      famousentrepreneurs/a/quotations.htm>. http://api.ning.com/files/xa7rDnAgaa4tk8uZT4nU0*1zJ3AfqbO3nKK*JyZmkjWhZfxWphPlXV5*p00txz7FFX6LdwG8ENM-eCmLxyi1FtpavwPyWR3u/quotes.jpg http://www.markwebtest.netfirms.com/teachRDE/C02/c2comments/Thought_Bubble_1.GIF
  43. 43. CLASS ACTIVITY Create a business, and write down the steps required to pursue it.
  44. 44. WORKS CITED "Quotations from Famous Entrepreneurs ." About.com . The New York Times Company, Abrams, Rhonda. The Successful Business Plan: Secrets and Strategies. 4th ed.      2010. Web. 3 Mar. 2010. <http://entrepreneurs.about.com/od/      Palo Alto: The Planning Shop, 2003. Print.      famousentrepreneurs/a/quotations.htm>. "Pros and Cons of Small Business Ownership." Preferred Consumer. pipelineCMS, 2 Yeh, Stephanie H., and Raymond T. Yeh. The Art of Business in the Footsteps of      Apr. 2010. Web. 1 Apr. 2010. <http://smallbusiness.preferredconsumer.com/      Giants. Olathe: Zero Time, 2004. Print.      starting/pros_cons/>. Holland, Phil. My Own Business: A Course on How to Start Your Own Business. My "McDonald's History." About McDonald's. McDonald's, 2010. Web. 4 Apr. 2010.      Own Business Incorporated, 2009. Web. 1 Dec. 2009.      <http://www.aboutmcdonalds.com/mcd/our_company/mcd_history.html>.      <http://www.myownbusiness.org/index.html>. NFIB The Voice of Small Business. National Federation of Independent Business, Dicou, Natalie. "Haircuts a Deal for Students and Kids." The Salt Lake Tribune 4      2009. Web. 1 Dec. 2009. <http://www.nfib.com>.      Nov. 2009: n. pag. eLibrary. Web. 9 Nov. 2009. "Small Businesses May Lead in Recovery Hiring." Human Resources Magazine Dec.      2009: 8. ProQuest News and Magazines. Web. 2 Dec. 2009.      <http://proquest.umi.com/pqdweb?RQT=403&TS=1259775242&clientId=11783>. "Support Small Businesses." Richmond Times- Dispatch 1 Nov. 2009: E1.      ProQuest Newspapers. Web. 9 Nov. 2009.
  45. 45. CONCLUSION
  46. 46. CONCLUSION •Ihope this presentation has changed your view on the importance of business in our lives. It can also benefit those who plan to pursue a career in business with an insight. This project has changed my perspective on small businesses and I hope it has for all of you as well.

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