SYB Business Awareness

The SYB Business Awareness component helps participants to assess their suitability for starting a business and to choose a realistic business idea.

Table of Contents

• ASSESS YOURSELF AS AN ENTREPRENEUR

  • What is a business?

  • The challenge of starting your business

  • Analyze yourself as an entrepreneur

  • Strengthen yourself as an entrepreneur

  • Assess your personal financial situation

  • Summary
     

• CHOOSE YOUR BUSINESS IDEA

  • Types of businesses you could start

  • What makes a small business successful?

  • How to find good business ideas

  • Test your business idea

  • Develop your business idea into a Business Plan

  • Summary

>> Back to Top

SYB Business Planning

The SYB Business Planning component teaches participants the steps to follow when starting a business. When completed the participants will have a Business Plan and an Action Plan for starting their business.

Table of Contents

• YOU AND YOUR BUSINESS IDEA

  • You as a business owner

  • What is a business?

  • Your business idea

  • Summary
     

• ASSESS YOUR MARKET

  • Know your customers

  • Know your competitors

  • Make your marketing plan

  • Estimate your sales

  • Summary
     

• ORGANIZE YOUR PEOPLE

  • You as the owner

  • Business partners

  • Staff

  • Business advisers

  • Summary
     

• CHOOSE A LEGAL FORM

  • Different legal forms for businesses

  • Select the right form of business

  • Summary
     

• KNOW YOUR RESPONSIBILITIES

  • Legal responsibilities

  • Insurance

  • Summary
     

• ESTIMATE YOUR START-UP CAPITAL NEEDS

  • Types of start-up capital

  • Working capital

  • Summary
     

• PLAN FOR PROFIT

  • Set the prices for the things you sell

  • Estimate your sales revenue

  • Prepare a Sales and Cost Plan

  • Make a Cash Flow Plan

  • Source of capital

  • Apply for a business loan

  • Summary
     

• DECIDE IF YOUR BUSINESS IS VIABLE

  • Complete your Business Plan

  • Should you start your business?

  • Make an action plan to start your business

  • Summary
     

• START YOUR BUSINESS

  • Daily business activities

  • What next?

>> Back to Top

© International Labour Organisation

Disclaimer     |     Feedback