Introduction TELL US WHAT YOU ARE GOING TO

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Introduction TELL US WHAT YOU ARE GOING TO TELL US! COMPANY NAME, PRODUCT/SERVICE, UTILITY,

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?

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 �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?

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

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

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

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

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

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

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

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

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?

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?

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?

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?

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

Flier �What is your advertising plan? �Where will you advertise? Why? �Who is your target audience?