Note 3 for E-Commerce
Goals:
Find an idea for a Business or home based business (Canada).
10 Steps to a business
Know the basics of a Business Plan.
Lean Model for Starting a business
Develop a Business Plan.
Harold James showed off his Hair Extension Website and talked about the hair business
Watch & Read:
About has several pages full of ideas for Small business
NPR article: Who Pays for Online Business?
Steve Nash's Business Plan for life after the NBA.
SBA's Small Business Planner
Elements of Business Plan
Executive Summary
Marketplace conditions
Competitive environment
Product
Pricing
Market Placement of Product
Management Team (responsibilities outlined)
Financial Assumptions
Cash Flow (for 2 years on a monthly basis)Business Week Top 50 (notice how many are e-commerce or supply e-commerce)
Business Plan Pro is available at PVCC's Computer Commons. This program walks you through the questions you need to ask yourself before starting a business.
Review the following Business Plan Web sites
Bplan Software and basic info on plans
Small Business Administration helps with Business Plans
Business Plan Archive
American Express can help with Business Plans
Virtual Business Plans by BizPlanIt
Homework:
You should Read Chapters Book I & IV (Chap 1)
Get an account at Mal's Ecommerce
Final Step:
Review in your mind everything we covered in class and remember to cover it again before you go to bed so your mind to process this information while you sleep.