“mind your own business” on this first slide put the name of your business – your name and a...
TRANSCRIPT
“Mind Your Own Business”
On this first slide put the name of your business – your name and a
picture
Types of Ownership • On this slide – tell what kind of ownership
your business will have and why.
• If you choose a partnership – you must include who is investing how much and what will be their role.
• If you choose to be a corporation, you must also name a board of directors
Generating Ideas • What types of things will you sell, or what will be
different about your service. What will be your pricing strategy
• How will you attract customers? Where will you be located? (It must be in Bloomington)
• Will you have a catchy name or slogan? • Create a slogan and an ad picture on this page.• This will have to be an additional slide.
Raising Capitol
• Where will you get your money.
• Remember different kinds of ownership have different ways to secure funding.
Employment
• How many employees will you have?
• What benefits will you offer to them
• Will they be full or part time?
• Create a list of the “Top ten” expectations for your employees while at work. (This will be a separate slide)
Buying goods and services
• This is a starting point of a list of all the outside goods and services you will need.
•
• You may want to break them up into a table of the 3 kinds of resources!
Marketing
• Create a newspaper advertisement for your opening day
• Do you want to put in a coupon?
• Don’t forget vital information like address phone, email , hours etc.
Maintaining Records
• Make a list of what kinds of things you will need to track and report to make sure you know how your business is doing.
• Will you do this yourself or hire someone?