starting your own business

20
STARTING YOUR OWN BUSINESS By: John Saadeh

Upload: jjsaadeh

Post on 01-Jul-2015

125 views

Category:

Business


4 download

TRANSCRIPT

  • 1. STARTING YOUR OWN BUSINESSBy: John Saadeh

2. AGENDA1. Right Idea2. Testing the concept3. Business Plan4. Acquiring Resources5. Conclusion 3. HOMEWORK1. Interview consumers2. Identify problems with products3. Read books4. Work experience5. Business model 4. TESTING THE CONCEPT ALSO KNOWAS FEASIBILITY STUDY 5. FEASIBILITY STUDY1. Demand for the product2. Competition3. Materials needed4. Cost5. Profit 6. BUSINESS PLAN1. Action Plan2. Road Map3. Sales Tool 7. Funding1. Debt Financing2. Grants3. Equity Financing 8. 1. 9. 2. GRANTS 10. 3. EQUITY FINANCINGA. Family InvestorsB. Private InvestorC. Strategic Investors 11. A. FAMILY INVESTOR 12. B. PRIVATE INVESTOR 13. C. STRATEGIC INVESTOR 14. SUMMARY+ FeasibilityStudy+ += 15. CONCLUSION 16. REFERENCES Wolfe, Lahle. What is a feasibility study? Retrieved from about.com.http://womeninbusiness.about.com/od/businessplans/a/feasibilitystud.htm Guidelines for a small-scale fruit and vegetable processors. Agriculture andconsumer protection . 2.3 Conducting a feasibility study.http://www.fao.org/docrep/W6864E/w6864e09.htm Stephen R. Lawrence, College of business and administration, University ofColorado, 1997, 1999. Purpose of a Business Plan.http://web.gsm.uci.edu/depts/entrepreneurship/purpose_of_a_business_plan.htm Financing Options For Small Business: Finding The Right Funding. Copyright 2013 StartupNation, LLC Retrieved from startupnation.com.http://www.startupnation.com/business-articles/890/1/AT_FindingFundingThatsRight.asp 17. CITATIONS FOR PHOTOS Ideas Graphic http://techaloo.com/the-idea-for-a-startup-the-most-crucial-point-isnt-it/ Money Graphic http://www.lietaer.com/2010/09/what-is-money/ Debt Financing http://www1.eere.energy.gov/wip/update/2008-07_financing_photovoltaics.html Grants Graphichttp://www.gofreegovernmentmoney.com/grants_process Family Investors Graphic http://pencilink.blogspot.com/2008/04/uncle-scrooge-4-carl-barks-art-cover.html Private investor Graphichttp://patriotbusinesssolutions.com/?page_id=1511 Strategic investor Graphichttp://kattykwong.wordpress.com/category/for-sellers/