Introduction TELL US WHAT YOU ARE GOING TO
- Slides: 17
Introduction TELL US WHAT YOU ARE GOING TO TELL US! COMPANY NAME, PRODUCT/SERVICE, UTILITY, MEMBERS, ROLES ETC.
Entrepreneur �What was your role? �What were you supposed to do for your business? �Give us the highlights.
Utility �Why would people pay you to do what you do? �The greater the utility, the more likely the success. �Explain in great detail.
Organization �How was your business organized? �Sole Proprietorship: Why Benefits? �Partnership: Why Benefits?
Market Analysis �Geographic description of your market: Area �Number of Buyers �Number of Sellers �Research and find general numbers here! Cite sources.
Competition �Type of Competition faced? Chapter 9 �How does this affect pricing plan? �Research and cite sources here
Accountant EXPLAIN YOUR ROLE IN YOUR BUSINESS TEAM HERE WHAT WERE YOU SUPPOSED TO DO?
Materials �Create a detailed list of the things you needed to buy to start your business. �Include quantities and prices for each necessary item �Where did you get the materials from �Cite your sources for information here
Business supplies �What supplies do you need to supply your office? �Paper how much where from cost? �Printer ink? Type? Cost? Model? �Stationary? Envelops? Stamps? �All how many? Cost? Where from?
Banking �Where will your business bank? �What are the terms and fees for bank usage? �When is money available after deposit? �Checking costs? �Be detailed and specific!
Total costs for starting up �Materials costs + Business supplies costs + Banking costs and fees = Total costs. �How will this cost be divided up and recovered over the anticipated business year? �You cannot get it all back at once—have a plan.
Price �How did your team determine a price for your good or service? �Remember the equation Profit = Price – Cost? �Market, Demand Supply, and competition mode all factor into this equation.
Marketer WHAT WAS YOUR ROLE IN THE BUSINESS? WHAT WERE YOU SUPPOSED TO DO?
Business Logo �Show us your Logo �How did you come up with it?
Slogan �What is your slogan? �How did you come up with it?
Business Card �Show us an electronic business card. �How did you make it?
Flier �What is your advertising plan? �Where will you advertise? Why? �Who is your target audience?
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