SlideShare a Scribd company logo
...
Or >> How to Turn Your Business
Idea into Reality!
Shema Elmenshawy – Project Manager
(Feb 2017 )
(they`re working on their ideas as groups)
Small
business
definition
Types
Of
entrepreneurs
Types
of
projects
S.Business
VS
collapsed
economy
pitch
your
business
Motivation
Ability
Idea
Resources
Research the
market &
plan
marketing
Explore
funding
& plan
finances
Gather team &
plan
operations
Write
Your
Business
Plan
Take lots of
advice &
network
Negotiate
Yourself
Into
Business
6
M`S
Management
Man power
Material
Machines
Market
Money
Risk Evaluation – SWOT Analysis
• Outline Strengths and Weaknesses of the business and yourself.
• How can any known weaknesses be overcome?
• What opportunities exist and how can they be exploited?
• What are the threats, including the competition, and how can they
be overcome or mitigated?
Feasibility
study
Market Finance
Technical
(know how)
BMC
1st Workshop presentation
Write a Business Plan ???
WHY:
• Makes you think through the idea in some depth!
• It is a test to see if your idea will stand up to scrutiny!
• Usually essential if you want to borrow money !
• Provides an ongoing reference point for when you are in business!
Profit
Break
even
point
Variable
costs
Fixed
costs
Budget
Cash flow
Financial statement
Profit margin
2nd Workshop presentation
Shema Elmenshawy
Shemaelmenshawy@gmail.com
Linked In: Shema Elmenshawy

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How to Turn Your Business Idea into Reality!