Generating Business Ideas
Creating new ideas for new businesses. Ensuring that the idea can be transformed from a plan to reality. The participant will also be required to conduct a simple risk assessment.
Location and Resources
Identification of customers and the location when you can reach them. To rent or lease the location. To identify whether to apply online or offline or both approaches. The availability of all the different resources required to run the business. The appropriate relationship with suppliers and partners will also be covered.
Understanding Legal Issues
The need to be aware of legal, trade marks, patents and intellectual property rights. The basic understanding of legal, trade marks, patents and intellectual property rights.
Addressing Human Resource Issues
The organization structure comprising of full time and part time staff. The recruitment and compensation/benefit scheme. The best way to retain talent, provide employee training and improve motivation. The working environment and culture of the organization. The reporting and performance appraisal structure. Providing a secure environment for the staff of the organization.
How Technology/IT Can Help You
The application of technology and IT to improve productivity. The importance of E-Commerce in business.