Becoming The Owner Of A Small Business Steps/Procedures For Going Into Business Identify Your Niche’... Steps To Going Into Business1 Identify Need 2 Study Market 3 Start, Buy Exis
Trang 2Becoming The Owner Of
A Small Business
Steps/Procedures For
Going Into Business
Identify Your Niche’
Trang 3Business Formation & Operation
Trang 4Steps To Going Into Business
1) Identify Need
2) Study Market
3) Start, Buy
Existing Or Franchise
4) Set Mission,
Objectives, Strategies
5) Make
Operational Plans
Trang 5Finding Your Niche
Search For Good/Service
To Sell
Niche Marketing- Finding Small
Profitable
Trang 6Searching For Product/Service
Newspaper
Business For Sale
Products For Sale
Hobbies/Recreation
Talk To People
Observe/Study & Luck
PhotoLink/Getty Images
Trang 7Questions To Ask
Trang 8U.S Department Of Commerce-
Office Of International Trade
Trang 10Business Selection Checklist
Trang 12Estimating Market Size
Industry Size?
Where Is Market?
How Large Is Market?
Identify Target Market & It Size?
Size & Distribution Of Population?
Sales = Growing, Stable, Declining?
Competitors = Successful?
Industry Technology?
Your Share?
Trang 13Start, Buy, Or Franchise?
Trang 14Reasons To Start A Business = Owner’s Freedom
Trang 15Reasons To Not Start A Business
Amos Morgan/Getty Images
Trang 16Reasons For Buying Existing Business
C Squared Studios/Getty Images
Trang 17Reasons For Not Buying Existing Business
Trang 18Questions Before Buying
Why For Sale?
Present Owner Intentions?
Trang 19Reasons For Buying Franchise
Successful/Proven Operation & Image
Experience Guidance
Many To Chose From
Combines Your Talent & Desires
Trang 20Franchise Questions?
How Much Help?
Franchise Help = Cover Costs?
Trang 22Franchising Benefits Franchisee & Franchiser
Trang 25 Customer Service Standards
Changing Market Opportunities
Quantity Discounts
Trang 26Product/Trademark Franchise
Trang 27Business Format Franchise
Trang 30Franchises Teaming Up
Trang 31Checklist For Franchise Investment