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Innovation process:
- new idea;
- interest;
- evaluation;
- implementation/adaptation.
Innovation behavior of the
enterprise
External factors
- market environment characteristics
- regional institutional characteristics
- policy institutions
Internal factors
- organizational
- personal
- financial, etc
macro-level
governance structural extension services,
system change consultancy
Information exchange
information
research & exchange markets/
education competitors
Entrepreneurship development
Analyze market,
customers and
environment;
Analyze your
existing business
Feasibility
Capability
Ideation
Concept development
Commercialization
Improvement innovation
Business plan based on
Entrepreneurship
The business idea
Business areas
For preparing a Business Plan we must answer a
following questions:
working presentation
mini-plan
plan plan
The Different Types of Business Plans
Finalise loan
Register
Install machines
Trial production
Open business
Business Plan "Don'ts"
Standard Outline
EXECUTIVE SUMMARY
Form of Business
Organisational Structure
Business Experience and Qualifications of the
Entrepreneur
Pre-Operating Activities
Pre-Operating Expenses
Office Equipment
Administrative Expenses
Section 4 FINANCIAL PLAN
Project Cost
Financing Plan and Loan Requirement
Security for Loan
Profit and Loss Statement
Cash Flow Statement
Balance Sheet
Loan Repayment Schedule
Break-even Point (BEP)
Return on Investment (ROI)
Financial Analysis
When a business plan is being worked out, there
are too many big questions, the answers of which
only the entrepreneur can know, that are far too
important to be left to someone else who claims
that he can spare the entrepreneur the trouble of
preparing his own business plan - no one can do it
better than you!
Summary