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SC – Business Idea

SC – Business Idea. Lim Sei Kee @ cK. Business. Trade of goods Trade of services Objective: Making profit. How to start a business?. RIGHT BUSINESS IDEA! Simple idea, a solution to a problem or a dream in someone’s head. Remember successful entrepreneurs?. What do they have? PASSION

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SC – Business Idea

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  1. SC – Business Idea Lim SeiKee @ cK

  2. Business • Trade of goods • Trade of services • Objective: Making profit

  3. How to start a business? • RIGHT BUSINESS IDEA! • Simple idea, a solution to a problem or a dream in someone’s head

  4. Remember successful entrepreneurs? • What do they have? • PASSION • EG: Software (Bill Gates), Real Estate (Donald Trump), Entertainment (Walt Disney) • What else?

  5. Other than passion, what is important? • Skills! Good cook  open café Good mechanic  open garage Good teacher  open tuition school

  6. A business needs: • Finance • Labour • Customers • Suppliers • Premises and equipment • Management organization & structure

  7. How to start a business? • What type of business? • Nature of business? • Name? • Location? • Resources? • Cost of product / service? • Price?

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