Workshop on- ?360？Approach to Start Your Own Business? - Opportunities - Our Actions

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by \| 04-06-2013 03:48 3 0
Workshop on- ?360？Approach to Start Your Own Business? Date: 07/06/2013 to 07/06/2013 Type: Online
Speakers: Industry Experts will brief you regarding Your Own Business Event de!==!--script--==ion: Many of you perhaps dream of starting your own enterprise. You want to be an independent individual, make your own decisions and basically run the show! Imagine the happiness when you see your business grow your hard work sprouting new rewards. The fulfillment is all yours! This workshop is designed so you get some knowledge about the various aspects one has to consider in order starting up. Meet more young and bright minds who dream of the same possibilities. Get to know more about the business personalities who will not fail to inspire your ideas taking shape. These successful individuals from their different fields in business will share their stories and guide you?you will get adequate insight to take your dreams to reality! Sections: INDUSTRY ANALYSIS- Participants will be made aware on the market trends regarding the idea they have. You can understand what to make of the forecasts and analysis of the various trends. It is quite crucial to have an idea of the competitors in the same field when one is starting up. A. Future outlook and trends B. Analysis of competitors C. Market segmentation D. Industry and market forecasts .... YOUR VENTURE- you will be part of the discussion of the important questions asked in the beginning-your background as an entrepreneur, your product, service you want to give, breakthrough ideas, office ideas, etc. you will have to consider the best suppliers and the machinery, plant you may have to use. A. Product(s) B. Service(s) C. Size of business D. Office equipment and personnel E. Background of entrepreneurs PLANNING THE FLOW- you being the decision maker have your own ideas and methods. You may want to try out something new. Get to know more on the experts? experiences on the use of technology, handling orders, managing to ensure positive operations of the company. A. Manufacturing process (amount subcontracted) B. Physical plant C. Machinery and equipment D. Names of suppliers of raw materials E. De!==!--script--==ion of company's operation F. Flow of orders for goods and/or services G. Technology utilization MARKETING YOUR IDEA- Discuss the strategies to market your product to the masses effectively. Know more about pricing decisions, forecasts, controls and distribution. Indeed, your dream to create a unique brand should not be too far from reality! A.Pricing B. Distribution C. Promotion D.Product forecasts E.Controls YOUR TEAM- Perhaps a group of friends want to have the enterprise together. Learn more on the roles and responsibilities of partners, making decisions together, and the trends in the country. The speakers will give greater insight on this form of business. A. Form of ownership B. Identification of partners or principal shareholders C. Authority of principals D. Management-team[background Roles and responsibilities of members of organization MANAGING RISKS- You probably know that entrepreneurs are the risk takers. Get more insight on identifying gaps in your enterprise, making a contingency plan and usage of new technology for guarding your business from external pressures. A.Evaluate weakness(es) of business ., ", B. New technologies C. Contingency plans MONEY PLANS/ MANAGING FINANCIALS- Your job will be to assess the sources of funds. And protecting them for the business as well! Get an idea of the cash flow methods, income statement handling, break even analysis?many decisions will depend on these knowledge in your company, no matter what the field you choose as your own. A. Assumptions B. Pro forma income statement C. Cash flow projections D. Pro forma balance sheet E. Break-even analysis D. Sources and applications 'of funds Selection procedure: fill this form :- https://docs.google.com/forms/d/1tPNFpLf-bd39KGJ3N5bk07ZtXDAqw81pURykqDEAHcc/viewform?pli=1 Last date of registration 5th of June 2013.