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TECHNOPRENEURSHIP

CLASS ACTIVITIES
A. Establish a small business utilizing new technology.

1. Brainstorm Business Ideas


 PHYSICAL BUSINESS
 Café
 Restaurant
 Clothing shop
 Book Store
 Record Shop

2. Conduct Market Research


- Choosing a business idea
- Analyzing & gathering information about a potential market
- Potential customers
- Competitors
- Current economic environment

3. Write a Business Plan


- Operating time
- Accessibility
- Pricing
- Return Policy
- Budget for Marketing (rough estimate)
- Reputation of a Brand
- Policy for Product delivery
- Additional Goods and Services

4. Select a Business Structure (Sole, Partnership, LLC, Corporation)


5. Secure Funding – requires a lot of planning preparation and research.
6. Market your Business – (target audience /email marketing)
7. Monitor your Growth
8. Make a S.W.O.T analysis of your established e-business.
9. Monitor your financial status if it grows. (Return of investment- ROI)
10. Make a summary report and/or Financial report 1 week before Final Examination period.

NOTE: THIS IS YOUR FINAL EXAMINATION GRADE

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