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“The regular production of purchases and sale
of goods undertaken” with an objective of
earning profit and acquiring the satisfaction
of human wants.
----- Stephenson.
 “Human activity directed towards producing
or acquiring wealth through buying and
selling of goods”
---- Lewis Henry.
 The new employee joins firms; both the
business owner and the employee must
make adjustments. The transition
period is the development of a 30-60-
90days business plan while employees
can show their understanding of the
employers needs
 When most people think of
entrepreneurship, they think of dot com
startups, well funded franchises and
other such complex and expensive
sounding ventures.
 The truth is however you don’t have to
have a lot of money or a special skill to
start a business. Easy to execute ideas
that you can use today to start your road
to entrepreneurship
The purpose of this section is to provide
venture capitalists with background
information on your company and to
describe the nature and current condition of
your industry
 Date and state of incorporation
 Business purpose and highlights of progress
to date, including major development such as
the introduction of a new product
 Present your view of the current status and
prospects for the industry
 Some principal participants and performing
including growth in sales, profits, and current
market shares
 The effect of major economic, social,
technological or regulatory trends
The experience, talents and integrity of your
management team are of primary concern to
venture capitalists. To finance your company,
venture capitalists will conduct a through
reference check of each member of your term
accordingly
•What the key management role will be
•Who will fill each position
•How the individual talents complement
each other
 Duties and responsibilities of each
individual.
 Weaknesses of the management term.
 Each individual compensation and
ownership.
BEING YOUR OWN BOSS
 As a business owner you are your own boss.
You answer to no one and you make all the
desions you set your own working hours you
 Working independently depending upon a
type of business
Once your business is established its income
may be highly variable or seasonal you may
have to cover unexpected shortfalls operating a
business entails many details
Overview of business

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Overview of business

  • 1.
  • 2. “The regular production of purchases and sale of goods undertaken” with an objective of earning profit and acquiring the satisfaction of human wants. ----- Stephenson.  “Human activity directed towards producing or acquiring wealth through buying and selling of goods” ---- Lewis Henry.
  • 3.  The new employee joins firms; both the business owner and the employee must make adjustments. The transition period is the development of a 30-60- 90days business plan while employees can show their understanding of the employers needs
  • 4.  When most people think of entrepreneurship, they think of dot com startups, well funded franchises and other such complex and expensive sounding ventures.  The truth is however you don’t have to have a lot of money or a special skill to start a business. Easy to execute ideas that you can use today to start your road to entrepreneurship
  • 5. The purpose of this section is to provide venture capitalists with background information on your company and to describe the nature and current condition of your industry
  • 6.  Date and state of incorporation  Business purpose and highlights of progress to date, including major development such as the introduction of a new product
  • 7.  Present your view of the current status and prospects for the industry  Some principal participants and performing including growth in sales, profits, and current market shares  The effect of major economic, social, technological or regulatory trends
  • 8. The experience, talents and integrity of your management team are of primary concern to venture capitalists. To finance your company, venture capitalists will conduct a through reference check of each member of your term accordingly
  • 9. •What the key management role will be •Who will fill each position •How the individual talents complement each other
  • 10.  Duties and responsibilities of each individual.  Weaknesses of the management term.  Each individual compensation and ownership.
  • 11. BEING YOUR OWN BOSS  As a business owner you are your own boss. You answer to no one and you make all the desions you set your own working hours you  Working independently depending upon a type of business
  • 12. Once your business is established its income may be highly variable or seasonal you may have to cover unexpected shortfalls operating a business entails many details