Are you ready to have your own business 25 june 2011
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Are you ready to have your own business 25 june 2011
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Are you ready to have your own business 25 june 2011
- 1. ARE YOU READY TO HAVE YOUR OWN BUSINESS By : Joyce Lim Certified Financial Planner (www.joycelim.net) 25 June 2011 Organized by Simply Empowering Enterprise All Rights Reserved
- 2. THE BEGINNING … off to a great start….
- 5. Who, What, When & How $$$$$ $$ in business & in personal life Attitude & Behavior How it affects you
- 6. BUSINESS SET UP - ORGANIZATION CHART Which ‘hat’ are you wearing ?
- 11. PRESENTATION BY PARTICIPANTS 2 because there’s disparity The Admin & Operation – the under-appreciated one ? Where’s the finance dept? The owners The lovely CEO Representative The sales team leader
- 12. INFO & INFORMATION SYSTEM ** Ratio analysis
- 13. INFO & INFORMATION SYSTEM ** Ratio analysis
- 16. …… HALF WAY THERE….. … .A FEW MORE ESSENTIAL POINTS TO SHARE ….
- 18. WHAT SKILLS AND KNOWLEDGE DO I HAVE OR TO ACQUIRE ? I don’t know how to sell... LEARN HOW! I don’t know about the business…but I have the capital… LEARN FROM EXPERTS! What am I good at ? BUILD ON IT ! What am I passionate about? PURSUE IT!
- 21. WHAT’S MY HABITS AND BEHAVIOR?
- 22. WHAT’S MY HABITS AND BEHAVIOR?
- 23. WHAT’S MY HABITS AND BEHAVIOR?
- 24. WHAT’S MY HABITS AND BEHAVIOR?
- 25. WHAT’S MY HABITS AND BEHAVIOR?
- 26. … .what changes can I make… what’s the impact ... What would my current action lead to ? What’s the possible impact of those choices made today in my foreseeable future Your current actions determines your future !!
- 27. … .my Story & my Emotions...
- 28. … .what I’m currently doing...
- 29. … . a taste of success ! … … What’s next.... … come up with something totally new ?.... … not really, just an enhanced version….
- 30. BRINGING YOUR BUSINESS TO GREATER HEIGHTS….
- 31. … MAKE YOUR MONEY WORK HARDER FOR YOU….
- 32. Last ……but not least ... … give to those who need, when you can do so…
Hinweis der Redaktion
- KEY AREAS TO BE COVERED Business – who, what, when, where and how Money – Money in the business and money in your personal life Mental – attitude and character Emotions – how it affects you You – your habit patterns
- Identify the roles and responsibilities and pitch to the CEO/MD why you deserve an increment/bonus
- EXAMPLE : SALES INFO – WHO, HOW MUCH DEBTORS INFO – WHO’S YOUR MAJOR CLIENTS, COLLECTION TREND – DETERMINING CREDIT TERMS CASH FLOW – COLLECTION, SUPPLIER PAYMENT USE EXCEL/WORD/AUTOMATION/ ACCOUNTING SOFTWARE
- EXAMPLE : SALES INFO – WHO, HOW MUCH DEBTORS INFO – WHO’S YOUR MAJOR CLIENTS, COLLECTION TREND – DETERMINING CREDIT TERMS jUS CASH FLOW – COLLECTION, SUPPLIER PAYMENT USE EXCEL/WORD/AUTOMATION/ ACCOUNTING SOFTWARE
- ENTREPRENUER – PROFILE – MENTAL AND CHARACTER
- Increase income – increase skills, knowledge and effort Reduce debt - eliminate interest payment Wise spending – buy now, buy when new or during sale All the above increase savings Next to invest – have a plan how, where, when and what to invest in
- Increase income – increase skills, knowledge and effort Reduce debt - eliminate interest payment Wise spending – buy now, buy when new or during sale All the above increase savings Next to invest – have a plan how, where, when and what to invest in
- Increase income – increase skills, knowledge and effort Reduce debt - eliminate interest payment Wise spending – buy now, buy when new or during sale All the above increase savings Next to invest – have a plan how, where, when and what to invest in
- Increase income – increase skills, knowledge and effort Reduce debt - eliminate interest payment Wise spending – buy now, buy when new or during sale All the above increase savings Next to invest – have a plan how, where, when and what to invest in
- Increase income – increase skills, knowledge and effort Reduce debt - eliminate interest payment Wise spending – buy now, buy when new or during sale All the above increase savings Next to invest – have a plan how, where, when and what to invest in