Small – scale Businesses are said to be the driving force of the economy
as they employ up to 90 percent of the workforce as marketers, artisans,
clerks, etc.
However, according to studies, over 80% of Small and Medium-sized
Enterprises (SMEs) fail within the first few years.
Reasons for this include:
◦ Inadequate business management skills
◦ Inaccurate market research and demand estimation
◦ Poorly formulated business strategies (eg. Marketing, distribution, etc)
◦ Poor forecasting and financial management
This course provides you with seven tested and proven steps to
successfully starting your own business and then informs you of how to get
internationally certified small-business management training before taking
the plunge.
After going through Module 1 of this series, you will be able to:
List a wide range of entrepreneurial skills and values which can
prepare you for running a business
Describe the Business Management Skills necessary for running a
viable business
Identify the needs and desires of members of your community which
can become golden opportunities for business
Drill down on feasible business ideas and take them through a
thought process as a stepping stone to starting a successful business
On accessing Module 2, you will be able to:
Apply time-tested evaluation strategies on your selected business
ideas and obtain answers to questions you must ask before venturing
into business
Come up with an impactful business name which reflects the values
and mission of your proposed business and prepare for on-line
presence
Select the best form of business for your new venture
Explain contents of the business plan and collate information for
same
Overcome obstacles to stepping out with confidence as a 21st
Century entrepreneur
If you apply this advice, which is from a team of Experienced
Entrepreneurs, it is guaranteed that you WILL:
– Avoid losing your money in a failed business venture
– Obtain a Fresh Approach to starting a business and
– Get rid of the FEAR of setting up your own income-generating small
enterprise
To share your thoughts on starting a business or some of the challenges
you are facing, send us an mail via info@simplyexponential.com
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