Starting a Business

Business Organisation 

Starting a Business

What You Need

  • Finance
  • Labour
  • Premises & Equipment
  • Customers & Suppliers
  • Management Structure
  • A Product! 

Succesful Entrepreneurs...

  • Are PASSIONATE
  • Try to INNOVATE
  • Are COMMITTED
  • Have COURAGE
  • Set GOALS & OBJECTIVES
  • Take RISKS
  • Want to be IN CHARGE
  • Always KEEP GOING!

The Business Plan

The business plan is an essential part of any new business.  A business plan is a written description of the business; what the owners want to achieve and how they plan to do it.

Main contents of the plan

  • Structure of busines
  • Management team
  • Product or service
  • Market analysis
  • Growth plans
  • Future cash flows

Source: tutor2u

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