
Explore essential business terminologies, including revenue, net income, inventory, assets, and liabilities, with examples like revenue per day and revenue per square foot.
Compare asset costs, upfront investments, fixed costs, and margins across gym, airline, software, and retail concepts. Assess your skills and passions to pick a business with achievable sales and footfall.
Learn to compute contribution margin, fixed costs, operating profit, taxes, debt, and investor return; see seven monthly projects at $1,250 each with $200 cost.
Learn how to start a consultancy business with consistency and expert knowledge, operating from a home office, pricing two monthly projects at $1,500 each, and managing fixed costs and profits.
Who should take this course?
Students
Entrepreneurs
House-wives
Un-Employed Graduates
COURSE CONTENTS
PART 1: THE REALITY WE LIVE IN
What is this World? How does it work?
PART 2: MINDSET DEVELOPMENT
Effectuation Theory of Entrepreneurship
Entrepreneurial Mindset
Entrepreneurial DNA:
Having a Strong Why:
PART 3: BUSINESS UNDERSTANDING
General Business Basics
Business Structure/ Business Model
Fixed Costs
Variable Costs
Top Line/ Bottom Line
Visualization of Business Costs for:
Hair Dresser Business
Salon Business
Restaurant Business
Software Development Business
Consultancy Business
Super Store Business
Clothing Store Business
Sports Equipment Shop
Gym Business
Fitness Trainer Business
Job
Which Business to Enter?
Business Planning Basics
Executive Summary
Goal/ Objectives of the business
“Why” of the business
Why is the business being launched
What is the need that you have identified
What are the problems that are being faced by the target market
“What” of the business
What is the solution/product for solving the need
What is the size of the market
What are existing solutions in the market
What is different about your product/ solution
What are the costs and profit margins in the industry
What are the assets that you may need for making the product/ providing the service such as office, factory, store/shop, cars/ bikes etc.
“How” of the business
How are you going to make money?
How are you going to make/provide the product/ service
How you going to market it to the target market
How are you going to supply it
How are you going to provide after sales services
How are you going to finance/ fund the business
How are you going to train your people
Detailed Business Plan Structure and Samples
Starting Up