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Organization of a Business
Learning Goals ,[object Object],[object Object],[object Object]
Business Defined ,[object Object]
Key Business Decisions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Decisions
Key Stakeholders ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Interaction among Owners, Employees, Customers, Suppliers, and Creditors Exhibit 1.1
Creating a Business Idea ,[object Object],[object Object],[object Object],[object Object]
business online
Success Stories ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons to Remember ,[object Object],[object Object],[object Object]
Impact of Technology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Impact of Technology ,[object Object],[object Object],[object Object],[object Object],[object Object]
Successful E-Businesses ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
E-Business Examples ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Functions of Business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Functions of Business ,[object Object],[object Object],[object Object],[object Object],[object Object]
How Business Decisions  Affect a Firm’s Earnings Exhibit 1.4
Common Business Decisions ,[object Object],[object Object],[object Object],[object Object]
Common Business Decisions ,[object Object],[object Object],[object Object],[object Object]
Common Business Decisions ,[object Object],[object Object],[object Object],[object Object]
A Business Plan ,[object Object],[object Object],[object Object],[object Object],[object Object]
Developing a Business Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Developing a Business Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Online Resources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assessing a Business Plan ,[object Object],[object Object],[object Object],[object Object]
Expected Monthly Expenses of CHC Exhibit 1.6
Expected Performance of CHC  in the First Year Exhibit 1.7

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Planning Business

Editor's Notes

  1. Entrepreneurs Organize, manage and assume the risk of starting a business Owners Share ownership by issuing stock to investors Creditors Provide loans and charge interest Employees Suppliers Provide materials used to produce products and services Customers Buy products that meet their needs and are priced fairly
  2. Identify a competitive advantage Recognize entrepreneur’s skills and experience Differentiate the product or service from competitors Find ways to distinguish offering from others Determine necessary resources Employees, workspace, machinery Assess feasibility of the idea Consider possible revenues, expenses, and profitability
  3. KPMG study found that 87 percent of firms are using e-business to improve their efficiency
  4. Business Planning Software Outlines Text generation Forecasting Graphics Supplementary resources