“Mind Your Own Business”

On this first slide put the name of your business – your name and a

picture

Types of Ownership • On this slide – tell what kind of ownership

your business will have and why.

• If you choose a partnership – you must include who is investing how much and what will be their role.

• If you choose to be a corporation, you must also name a board of directors

Generating Ideas • What types of things will you sell, or what will be

different about your service. What will be your pricing strategy

• How will you attract customers? Where will you be located? (It must be in Bloomington)

• Will you have a catchy name or slogan? • Create a slogan and an ad picture on this page.• This will have to be an additional slide.

Raising Capitol

• Where will you get your money.

• Remember different kinds of ownership have different ways to secure funding.

Employment

• How many employees will you have?

• What benefits will you offer to them

• Will they be full or part time?

• Create a list of the “Top ten” expectations for your employees while at work. (This will be a separate slide)

Buying goods and services

• This is a starting point of a list of all the outside goods and services you will need.

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• You may want to break them up into a table of the 3 kinds of resources!

Marketing

• Create a newspaper advertisement for your opening day

• Do you want to put in a coupon?

• Don’t forget vital information like address phone, email , hours etc.

Maintaining Records

• Make a list of what kinds of things you will need to track and report to make sure you know how your business is doing.

• Will you do this yourself or hire someone?