Business Overview & Strategies

Business Overview & Strategies - Click to edit...

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Unformatted text preview: Click to edit Master subtitle style 4/5/11 Business Overview & Strategy 4/5/11 Learning Objectives Overview l Creating a successful business is not an easy task. It requires dedication and hard work. 4/5/11 Learning Objectives Purpose l Today we will focus on starting our own business. 4/5/11 In the beginning Starting a Business l Idea l Unfulfilled need/desire Product, service, work, etc. l Opportunity l Personal passion 4/5/11 Highly disciplined Relate Well to Others Learn from Mistakes Starting a Business Driven by Ambition Abreast of Market Changes Exploit New Opportunities 4/5/11 Planning Controlling Organizing Leading Starting a Business 4/5/11 Planning To minimize uncertainty To reduce risk Starting a Business 4/5/11 Planning Develop Strategies for Success Set Goals and Objectives Develop Action Plans Starting a Business 4/5/11 2 Write Mission Statement 3 Perform SWOT Analysis 7 Develop Action Plans 6 Set Goals And Objectives 1 Develop A Vision 4 Develop Forecasts 5 Analyze Competition Planning Function 4/5/11 Clarity of Vision Development Execution Modification Communication Planning Function 4/5/11 Purpose Goals Philosophies Product...
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This note was uploaded on 04/04/2011 for the course WCOB 1023 taught by Professor Sandeepgoyal during the Spring '08 term at Arkansas.

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