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Join our innovation and enterprise workshop to generate earth-friendly business ideas, develop viable business plans, and gain hands-on experience in leadership and team spirit. Learn marketing strategies, basic accounting, and how to create an environmentally-friendly business. Find out how to get shortlisted for awards and prizes. Submission deadline for business proposals is on April 29th and the finals will be held at Changi City Point. Don't miss the chance to showcase your green company ideas!
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Launch and Training Session - Business Plan 12th 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
BUSINESS DESCRIPTION Allow reader to understand business thoroughly
ENVIRONMENTALLY-FRIENDLY ELEMENT How does it help to save the environment?
MARKETING How to make people buy your things?
BASIC ACCOUNTING Keep a record of how much you hope to earn and how much you will be spending.
AWARDS & PRIZES TO BE WON! * For each day! :D
IMPORTANT DATES TO REMEMBER! 6-7 29 17 July April May Submission of Business Proposal 40 Finalists Shortlisted Finals @ Changi City Point
What makes a Company ‘Green’? Environmentally Friendly Sustainable Business Practices Reduce, Reuse, Recycle
DELL • Design laptops for recyclability. • Dell also uses innovative ways to package and deliver their goods, with a more environmentally friendly approach.
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%
Ask yourself these questions: • How badly do you want to WIN? • Are you mentally prepared to OWN this business?
The Business Idea Is it new or different? Can it be done? Is it addressing a need? Are there people who want it?
The Business Idea • Examples - Pencil case • Home Decorations • For more ideas, visit: http://www.nybc2013.com/ http://www.instructables.com/ http://www.youtube.com/
A Winning Business Plan WHO WHAT WHEN WHERE WHY HOW
Phase 1: Starting Point • Business is a TEAM Sport • Nominate a Leader • Set a Common Goal
Phase 1: Starting Point Nominate a Leader Business is a TEAM sport Set a common goal
Phase 2: Business Description • What is your Business? • Why did you choose this Business? • What are your Strengths and Weaknesses?
Phase 3: Eco-Friendly Element • How is your business eco-friendly? 3Rs? • How can your customers benefit from your product?
Phase 4: Marketing • Guerilla Marketing • Minimum Costs, Maximum Exposure
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
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/
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
Requirements • A Winning Plan Should Be: • Concise (Maximum 4 Pages) • Informative & Comprehensive • Include pictures/drawings • Neat and Easy to Read