|
|
|
|
|
Five steps to formulate a business
plan: |
|
(Strategic Guide for Canadian
Entrepreneurs by IBM) |
|
|
|
Evaluate risks and rewards |
|
Cons:
Financing, stress, government bureaucracy, learning curve, risk, cash
flow, no medical / benefits |
|
Pros:
your own boss, flexible hours, self-gratification, independent,
greater earning potential |
|
Determine your skills |
|
Confident, resilience, self-starter,
accept risks, isolation |
|
|
|
|
|
Five steps to formulate a business plan
(cont.): |
|
Assess feasibility |
|
Analyze industry, industry support
groups, training sources |
|
Develop plan |
|
Why a plan? Funding, formalize plan, discover flaws, improve strategy,
focus business goal, increase success rate |
|
Content: Concept / background, market analysis, strategy, HR issues,
financial projections |
|
|
|
|
The Toronto Board of Trade |
|
http://www.bot.com |
|
City of Guelph: Small business assistance |
|
http://www.city.guelph.on.ca |
|
Industry Canada: Small Business Support Organizations |
|
http://strategis.ic.gc.ca/SSG/mi03932e.html |
|
Industry Canada: How to prepare a business plan? |
|
http://strategis.ic.gc.ca/SSG/mi02687e.html |
|
Canada: British Columbia:
Business Service Center:
Business Planning |
|
http://www.sb.gov.bc.ca/smallbus/workshop/whyplan.html |
|
|
|
Canada: British Columbia:
Business Service Center:
Financing |
|
http://www.sb.gov.bc.ca/smallbus/workshop/finance.html |
|
Directory of Financing Providers |
|
http://strategis.ic.gc.ca/SSG/so00584e.html |
|
Sources of Assistance |
|
http://strategis.ic.gc.ca/SSG/sc01562e.html |
|
Venture-Capital Funding (List of
companies) |
|
http://www.cvca.ca/full_members/index.html |
|
Canadian Bankers Association: Financing a small business |
|
http://strategis.ic.gc.ca/SSG/mi01111e_pr201.sgml |
|
|