1 / 6

August 30, 2010

Objective: Students will learn about and create a Business Concept Statement. . August 30, 2010. 3 Ring - Binders. Tomorrow you need to have your three ring binders

faxon
Télécharger la présentation

August 30, 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Objective: Students will learn about and create a Business Concept Statement. August 30, 2010

  2. 3 Ring - Binders • Tomorrow you need to have your three ring binders • You may choose to leave them in the classroom or bring them to class, but you should bring them everyday if you choose to bring them.

  3. Worksheets • What does this business sell? • What kind of workers will they hire? • What does productivity mean?

  4. Develop a Concept Statement Writing a business concept statement is a critical task, whether starting a company or seeking to improve an existing venture. You should be able to summarize your business concept in a document of one to two pages. The business concept statement answers the following questions: • WHAT does the product or service do? • HOW is it different from other products or services? • WHO will buy it? • WHY will they buy it? • Price? • Convenience? • Provides sense of safety/security/well-being? • Better than what is currently available? • Pleasurable experience? • Uses new technology? • WHERE will it be sold? • Geographic location of business and customers • WHEN will it be ready to be sold? • Concept, start-up, initial operations phase • HOW will it be promoted and sold?

  5. HiDef Mobile Audio • What is the product or service being offered? • High end Car stereo equipment and installation • Who is the customer? • People in the Midwest interested high end car audio • Local car dealership, as a performance upgrade option for new car sales. • What is the benefit you are providing? • The convenience of equipment installation. • How will you get the product or service to the customer? • Online sales will be delivered directly to the customer from the manufacturer. • Local sales will be delivered to the local location for customer pickup or installation.

  6. Homework! • Complete the Concept Statement for your Business this will be the first document in your Entrepreneurship Portfolio. • Bring in a 3-ring binder

More Related