Entrepreneurship

Entrepreneur Business PackagesWill Consist of the following:

• Form of Business Ownership – Registered Business Name

• Business Plan • Business card and Brochure • Internet Business web site • Business Memos & Letters • Business Expense Report• Business Product Database• Business Presentation

Entrepreneurship

STARTING YOUR OWN BUSINESS

STARTING A BUSINESS• Owning a business is the dream of many

Indians ... starting that business converts your dreams into reality. However, there is a gap between dreams and reality. Your dreams can only be achieved with careful planning. As an entrepreneur, you will need a plan to avoid pitfalls, to achieve your goals and to build a profitable business.

Are you ready?Is Entrepreneurship For You?

CHECKLIST FOR STARTING A BUSINESS

• Owning a business is the dream of many Indians ... starting that business converts your dreams into reality. However, there is a gap between dreams and reality. Your dreams can only be achieved with careful planning. As an entrepreneur, you will need a plan to avoid pitfalls, to achieve your goals and to build a profitable business.

• This checklist is designed to help you get started. It has seven key components:

• Identify Your Reasons; • Self Analysis; • Personal Skills and Experience; • Finding a Niche; • Market Analysis; • Planning Your Startup; and, • Finances.

STARTUP CHECKLIST

Forms of Business Ownership

• One of the first decisions that you will have to make as a business owner is how the company should be structured. This decision will have long-term implications, so consult with an accountant and attorney to help you select the form of ownership that is right for you. In making a choice, you will want to take into account the following:

• Your vision regarding the size and nature of your business. • The level of control you wish to have. • The level of "structure" you are willing to deal with. • The business's vulnerability to lawsuits. • Tax implications of the different ownership structures. • Expected profit (or loss) of the business. • Whether or not you need to re-invest earnings into the business. • Your need for access to cash out of the business for yourself. • The vast majority of small businesses start out as sole

proprietorships. These firms are owned by one person, usually the individual who has day-to-day responsibility for running the business. Sole proprietors own all the assets of the business and the profits generated by it. They also assume complete responsibility for any of its liabilities or debts. In the eyes of the law and the public, you are one in the same with the business.

Internet Marketing

• Technology has changed so rapidly over the past 15 years that the things you can do may present overwhelming choices to the small business owner. The Technology Tower is devoted to making some of those choices a little easier and less threatening. Wondering if your business needs an Internet presence, or trying to choose an Internet service provider? Has your business reached the point where you need new equipment or are you ready to upgrade systems? Visit the Technology Tower to find answers about the different resources available today, and how they can help you run your business.

Incorporation Guide

Business Course Since going into business is a step-by-step process, it is highly recommend that you start with Session One and proceed through all 12 sessions. Every session will provide you with valuable information and point out pitfalls to avoid. We also recommend you complete your business plan for each session as you proceed through the course.

• Session 1: Deciding on a Business

• Session 2: The Business Plan

• Session 3: Computer and Communication Tools

• Session 4: Business Organization

• Session 5: Business Insurance

• Session 6: Location and Leasing

• Session 7:  Accounting and Cash Flow

• Session 8:  How to Finance Your Business

• Session 9:  E-Commerce Business

• Session 10: Buying a Business or Franchise

• Session 11: Opening and Marketing

• Session 12: Expanding and Handling Problems

Business Plans• A business plan precisely defines your business, identifies your

goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan application. Additionally, it informs sales personnel, suppliers, and others about your operations and goals.

• Sample Business PlansBusiness Plan Templates and Examples

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What do I do with the computer that I just purchased?

• The answer is simple. First ask yourself the primary reason you purchased a computer. An answer could be anything from "playing games" to "word processing." With your answer in mind, look to some of the suggestions below. 

• To help answer the question, refer to the Windows® 95, 98 or Windows NT® Help files. To do so, click the Start button and then click Help. When the Help screen appears, click the Index tab. This search feature allows you to dynamically view the operating system help files that will answer most of your questions. Click inside the small window directly under the Index or Search tab. Type in a keyword and click Search.

• Read the documentation that you received with your computer. There is online documentation that you can reference as well. The User's Guide is on of the best sources of information about your new computer.

• Call a friend or neighbor who has experience on computers to help you through an introduction of what to do with your system.

• Use the tutorials supplied with the operating system and other installed software, purchase basic books for your particular areas of interest, or take some classes on different computer topics.

• Within this lesson you will Learn about your new computer

Basic Computer Skills• There are many good places to buy computer parts. You can go

to a computer retail store in your area. Although they often provide good warranties, the trade off may be that you will pay a little more than you would in other places. Sometimes, a lot more. Also, due to the sheer volume of people they see every day, some of the "support specialists" don't always listen to your concerns and start jumping to conclusions on what you need or what the problem is. Some of them take pride that they can give you a technical answer in two seconds and make themselves look smart, even though what they just said is probably wrong. If you walk in and say your computer keeps crashing and he insists you need a new motherboard and CPU to fix it, start running. Don’t miss this class; we will teach you the basics of building and troubleshooting a computer.

• In the following pages, you will find the steps to building and upgrading your own PC. Enjoy!

• Remove Case Cover

Office Professional Administration with Office XP

Tutorials for students using Microsoft® Office XP programs creatively and effectively in the classroom. The Office XP applications provide greater control and efficiency, enhanced collaboration, and easier access to information for you. New features of Office XP include refreshable Web queries in Microsoft Excel, which you can use to access information immediately in one application while working in a different application. Task panes provide information about new document creation, styles and formatting, inserting art, and much more. Another new feature is Send for Review, which automates the document review process for you and makes sharing work easier than ever. Your document is attached automatically in an e-mail message that includes review request information. These are just some of the benefits covered.

Microsoft Word 2002

• provides templates, an auto Content Wizard, and formatting options, such as Clip Art insertion, that enable you and your students to write professional documentation.

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Microsoft Excel 2002

• allows you to gather, organize, and manage data effectively by using the latest tools. You can import data from the Web and have it refresh automatically according to a schedule you set.

• More

Microsoft Access 2002

• allows you to organize and manage large amounts of information effectively by using a database. From small reports to extensive data searches, Access provides a flexible storage base for your information.

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Microsoft Publisher

• includes designs for newsletters, brochures, Web sites, business cards, postcards, greeting cards, media labels, and more. And once you pick up the basic skills you need to start and customize a publication, you'll be able to apply those same skills to the entire range of personal and business publication types now at your fingertips.

TemplatesBrochures Business

Cards

Microsoft® FrontPage®

• is a Web site authoring and management program. It has many powerful features, yet it is still easy to master. Build a consistent and integrated marketing message, FrontPage allows you to create individual Web pages, entire Web sites, or update existing Web pages and sites. Some of the functionality is enabled by server extensions, which must be loaded on the server where the Web content will be published. FrontPage server extensions are available for most popular Web servers.

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Microsoft PowerPoint® 2003

• enables you and your students to create dynamic presentations by using new animation tools, design templates, formatting techniques, and more.

• More

Microsoft Outlook 2002

• provides tools that enable you to communicate efficiently, manage your schedule, and maintain contact information

• More

You have completedThe Entrepreneur Business course• Formed a Business of Ownership – Registered

Business Name• Business Plan • Business card and Brochure • Internet Business web site • Business Memos & Letters • Business Expense Report• Business Product Database• Business Presentation

• Please complete your package for judging