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12 th April 2013

Launch and Training Session - Business Plan. 12 th April 2013. WHAT YOU WILL BE LEARNING. Innovation & Enterprise. Generate Earth-Friendly Business Ideas. Develop a Viable Business Plan. Hands-On Learning Experience. Leadership & Team Spirit.

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12 th April 2013

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  1. Launch and Training Session - Business Plan 12th April 2013

  2. WHAT YOU WILL BE LEARNING Innovation & Enterprise Generate Earth-Friendly Business Ideas Develop a Viable Business Plan Hands-On Learning Experience Leadership & Team Spirit

  3. Things to do: Submit a Business Proposal

  4. BUSINESS DESCRIPTION Allow reader to understand business thoroughly

  5. ENVIRONMENTALLY-FRIENDLY ELEMENT How does it help to save the environment?

  6. MARKETING How to make people buy your things?

  7. BASIC ACCOUNTING Keep a record of how much you hope to earn and how much you will be spending.

  8. HOW TO BE SHORTLISTED?

  9. AWARDS & PRIZES TO BE WON! * For each day! :D

  10. IMPORTANT DATES TO REMEMBER! 6-7 29 17 July April May Submission of Business Proposal 40 Finalists Shortlisted Finals @ Changi City Point

  11. What makes a Company ‘Green’? Environmentally Friendly Sustainable Business Practices Reduce, Reuse, Recycle

  12. Examples of Green Companies

  13. DELL • Design laptops for recyclability. • Dell also uses innovative ways to package and deliver their goods, with a more environmentally friendly approach.

  14. THE BODY SHOP Use natural ingredients for their products Product bottles made from 100% post consumer recycled plastics. REDUCE CO2 emissions by 50% Electricityconsumption by 50% Waste output by 50% Domestic water consumption by 25%

  15. Ask yourself these questions: • How badly do you want to WIN? • Are you mentally prepared to OWN this business?

  16. The Business Idea Is it new or different? Can it be done? Is it addressing a need? Are there people who want it?

  17. The Business Idea • Examples - Pencil case • Home Decorations • For more ideas, visit: http://www.nybc2013.com/ http://www.instructables.com/ http://www.youtube.com/

  18. A Winning Business Plan WHO WHAT WHEN WHERE WHY HOW

  19. Phase 1: Starting Point • Business is a TEAM Sport • Nominate a Leader • Set a Common Goal

  20. Phase 1: Starting Point Nominate a Leader Business is a TEAM sport Set a common goal

  21. Phase 2: Business Description • What is your Business? • Why did you choose this Business? • What are your Strengths and Weaknesses?

  22. Phase 3: Eco-Friendly Element • How is your business eco-friendly? 3Rs? • How can your customers benefit from your product?

  23. Phase 4: Marketing

  24. Phase 4: Marketing • Guerilla Marketing • Minimum Costs, Maximum Exposure

  25. Phase 5: Financials Basic Accounting • Profit and Loss Statement Start up Costs • Cost required to set up the Business Examples • Materials • Decorations • Transportations • Storage Cost of Goods Sold (COGS) • Costs required to create the goods to be sold

  26. Phase 5: Financials

  27. Phase 5: Financials 300

  28. Submission Details • Go to • Click on “NYBC 2013 Competition Details” • Download the Business Plan Template • Submit your plans to np.nybc@gmail.com • Deadline: Monday, 29th April 2013 http://www.nybc2013.com/

  29. Submission Details Things to be included when submitting: • Name of School • Name, Email address and Contact Number of Teacher In-charge • Group Name • Student Names (6 Maximum) • Email address and Contact Number of Student Leader

  30. Requirements • A Winning Plan Should Be: • Concise (Maximum 4 Pages) • Informative & Comprehensive • Include pictures/drawings • Neat and Easy to Read

  31. THANK YOU.

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