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Transcript

Mikaila's SSE

Basic Information

Community Consultant

Fadia Hadeed

Focused Program of Study

  • Insurance Agent
  • Former small business owner

Collaboration

Info about insurance

Business and Management

Basic financial info and ballpark figures

Personal Experiences

Why write a business plan?

What are the steps taken in order to create an effective business plan for a neighborhood cafe?

How does writing a business plan relate to business and management?

involves planning out a business

Before starting the plan

Understanding fundamentals of how a business works

Preparation for future management

Research

Location

Sales

Materials

Financial Terms

Market Research

Funding

Business Workshop

Demographics

Legal Ownership

Insurance Costs

Market trends

Loans

Finances

Contacts/Interviews

Fadia Hadeed

Sydney Taggart

Thank You!

Lynette Garbarino

During the process

Helpful

Challenges

Feedback

Where to Start

Computer Issues

Sample plans

Lack of financial information

Community Consultant

Business Plan Pro

Post High School Plans

College

How does my SSE relate to those plans?

Oregon State

Reflection

Austin Entrepreneurship Program

What are the steps taken in order to create an effective business plan for a neighborhood cafe?

ANSWER?...

What I learned

What it takes to write a business plan

How to write a strong financial plan

Networking is HUGE

Tips on how to make the plan appealing to investors or any other outside readers

More efficient research techniques

What I would do differently

Spend more time researching financial aspects

Obtain more accurate demographics

Get feedback from multiple sources

Skills I acquired

Determining what an outside reader would want to know

Interpreting financial figures

Time Management

What I learned about myself

Communication

Thinking objectively

Ability to think ahead and project trends, financial state, etc.

When I am stressed I procrastinate

I underestimate what I can accomplish

Starting a cafe is what I want to do in the future!

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