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Practice “My Business”

     By: Mrs. Bonner
My Business Plan
 1.    Company Name: Brief description
 2.    What Goods/Services will you sell?
 3.    Location on Business (City, State)
 4.    How much will it cost to start? (Total of List)
       (On a separate sheet – list all costs and approx. price)
 5. How many employees? What will you pay them?
 6. Who/ What is your competition?
 7. List Strengths and weaknesses
 ** This will take more that one Screen!!
Marketing
   How will you advertise?            Who is your target
     TV?                               Audience?
     Radio?                             How old are they?
     Internet?                          Men &/or Women?

     Other?                             What are their buying
                                          habits?
                                         Do they buy more during
                                          certain times of year?
       Refer to the U.S. Census
        Bureau Website if needed.
Pricing
   How much should your            How did you decide what
    products cost?                   to charge?

     Direct & Indirect costs?
     How much profit should
                                    ** Refer to the U.S.
      you make?                      Census Bureau site again
     What do competitors            if needed.
      charge?
     What is the demand for
      your product/service?
Product Sales
   How are you going to sell your products &/or
    Services?
     Store
     Warehouse
     Internet
     Catalog
     Combination   of the previous?
Example of your Homepage
            What would your
             Homepage on the Internet
             look like?
            Consider these things:
                What is your product/service
                Who is your target audience
                Why should they buy your
                 product?
                What makes your product or
                 service better than your
                 competition?
Analyze Success/Failure in
             Crown Point, IN
   Why would it be      Why might it fail?
    successful?
                         List Reasons
   List Reasons
Conclusion
 Would   you actually consider this business?

 What  education would you need to run this
  business?    Would training be helpful? Etc.

 What   are the positives and negatives of running
  this business?
 (This may need more than one screen!)
PowerPoint Requirements
   Completed Business Plan
   Marketing
   Price List Summary
   Sales
   Example of Your Homepage
   Analysis
   Conclusion
   Minimum of 10 slides
   Creativity, spelling, grammar, etc.
   Minimum of 5 pictures are required.
Resources
 Site   any sources used for information!
   Websites
   People
   Books    etc.

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Practice my business

  • 1. Practice “My Business” By: Mrs. Bonner
  • 2. My Business Plan  1. Company Name: Brief description  2. What Goods/Services will you sell?  3. Location on Business (City, State)  4. How much will it cost to start? (Total of List)  (On a separate sheet – list all costs and approx. price)  5. How many employees? What will you pay them?  6. Who/ What is your competition?  7. List Strengths and weaknesses  ** This will take more that one Screen!!
  • 3. Marketing  How will you advertise?  Who is your target  TV? Audience?  Radio?  How old are they?  Internet?  Men &/or Women?  Other?  What are their buying habits?  Do they buy more during certain times of year?  Refer to the U.S. Census Bureau Website if needed.
  • 4. Pricing  How much should your  How did you decide what products cost? to charge?  Direct & Indirect costs?  How much profit should  ** Refer to the U.S. you make? Census Bureau site again  What do competitors if needed. charge?  What is the demand for your product/service?
  • 5. Product Sales  How are you going to sell your products &/or Services?  Store  Warehouse  Internet  Catalog  Combination of the previous?
  • 6. Example of your Homepage  What would your Homepage on the Internet look like?  Consider these things:  What is your product/service  Who is your target audience  Why should they buy your product?  What makes your product or service better than your competition?
  • 7. Analyze Success/Failure in Crown Point, IN  Why would it be  Why might it fail? successful?  List Reasons  List Reasons
  • 8. Conclusion  Would you actually consider this business?  What education would you need to run this business? Would training be helpful? Etc.  What are the positives and negatives of running this business?  (This may need more than one screen!)
  • 9. PowerPoint Requirements  Completed Business Plan  Marketing  Price List Summary  Sales  Example of Your Homepage  Analysis  Conclusion  Minimum of 10 slides  Creativity, spelling, grammar, etc.  Minimum of 5 pictures are required.
  • 10. Resources  Site any sources used for information!  Websites  People  Books etc.