SMC 400   FUNDAMENTALS OF ENTREPRENEURSHIP

Module 1: Decide on the Type of Business

• Is It Feasible?

• What Are Your Interests?

• Do You Have the Experience?

• Are You an Expert?

Module 2: What Is the Market/Competition Like?

• Is the Venture Lucrative?

• Is There Competition?

• How Can You Set Yourself Apart from the Competition?

• How Is the Customer Prospect?

Module 3: Basics of Starting a Business

• Decide on a Name

• Legal Structure of the Business

• Register the Business

• Choose the Location

• Hire an Accountant

Module 4: Create a Business Plan

• What Should Be Included in the Business Plan?

• Gather Documentation

• Develop a Business Plan Outline

• Draft a Business Plan

Module 5: Get Financing

• Contact Organizations for Guidance

• Decide the Type of Financing

• Shop Around

• What to Do Once Approved

Module 6: Hire Employees

• Develop Job Descriptions

• Advertise Positions

• Interview Candidates

• Select Candidates