This introductory session will begin by allowing you to explore your values, needs, and preferences and how these all relate to your business plan. You will examine how your business decisions affect your family and those individuals within your circle. Determining current levels of satisfaction and hopes for the future for yourself and those around you is a critical piece to the successful planning of any business. Once you have established a set of values, you will work on developing a "mission statement" or "goal"; a statement that captures the essence of what you really want to have when you are finished. This mission statement plays a critical role by focusing you on the most important aspects of your business and honoring these as you make business decisions.
Our days our full of small decisions and choices that we must make, and while choosing badly may result in a little discomfort, these usually don't affect the "big picture." However, we do face major decisions -- complicated and consequential choices that result in long-term impact, significant level of risk, increased level of stress and the need for some careful research and exploration. In this session, you will learn a system that will help you arrive at the best possible choice for the situation you are confronted with. You will learn how to use your mission or goal statement in the decision making process, and how this process will allow you to make important decisions with confidence and with significantly less conflict and stress.
Resources are the building blocks of profitable small businesses. Successful small business owners tend to be excellent resource managers, knowing how to combine different products, ensure a higher quality product, add value, and/or change direction quickly. As a small business owner you are endowed with flexibility large businesses don't have -- the essence of resource management is learning how to use this flexibility to your best advantage. In this session, the task will be to define what resources are, identify what resources you have, examine their availability, and then, with the help from others, identify some potential combinations of businesses that would best use the resources you have available.
This session is a very basic introduction to financial management. You will begin to learn the language and concepts with the understanding that more learning will be necessary in order to become completely competent in financial management. Some time will also be spent discussing borrowing money and credit in general.
Using your preferred enterprise idea, you will explore the market for this product/service. Who will buy? How to sell to these buyers? How much are they likely to purchase? How much are they willing to pay? Who is the competition? In addition, you will complete a product/service definition as well as explore market research techniques and develop a personal market research plan. During this last session, you will reflect on what you have accomplished and come up with a plan for future action along with a timeline to keep you moving forward.