Business Plan Design the Business Idea How to

Business Plan Design: the Business Idea

• How to assess the entrepreneur • How to analyze and evaluate the business idea 2 -2 Business Plan Design: the business idea Assuring coherence between the Business Idea, opportunity/environmental restriction and personal characteristics 2

Is it a dream? How to work on ideas with entrepreneurs Business Plan Design: the business idea The Business Idea 2 -2 3

• What is more important, the person or the idea? • Coherence between person and idea • People make the difference 2 -2 Business Plan Design: the business idea Micro ideas for Micro business? 4

• The risk of failure • What happen if there are no ideas or too many ideas? • How to analyze and evaluate the business idea 2 -2 Business Plan Design: the business idea Micro ideas for Micro business? 5

• You are a special commission and are requested to select business ideas to be financed. In your material you find 3 business ideas • Please: – indicate the ranking – write 3 questions you would like to be answered about the business ideas – specify the criteria you used to rate business ideas (at least 3 elements) Business Plan Design: the business idea Group Work (15 min) 2 -2 6

• Is the idea consistent with the person? • Why is this person the best to implement this idea? • Where will the idea implemented? • Who will take care of sales? production? accounting? • Are there examples of success with the same idea? Where? 2 -2 Business Plan Design: the business idea After the Group Work Check list for the business idea 7