IT'S TIME FOR BUSINESS!!!
But......How to start???
The Sixth week entrepreneur's class present:
SKILL TO START A BUSINESS
Before start a business, there are several thing to consider. The most important one is to identify resources required. In this process, always remember to use 5H1W technique(What, Who, When, Which, Where & How). The things that required to identify are:
1) Business capital(finance, workforce, raw material, equipment)
2) Product or service(price, amount, resource, target market)
3) Location(license, target market, rent/purchase, purchasing power, basic infrastructure )
4) Facilities(Basic & essential facilities, costs, arrangement & management)
When the resource is identified, negotiation take place. Negotiation skills is necessary for preparation to start a business and to conduct a business. Negotiation process involving several thing which are:
1) Preparation
- Dressing, appearance and style
- Presentation skill
- Soft skill
2) Planning
- Determine information & material needed
- How to impress and talk to others
- Plan a complete agenda
- Collect data/issues/information related
- Fully use data collected
- Politeness(no negative attitude)
- Find out main point and arrange it well
- Use supportive material to support your point
Those skill that taught this week lead me a way to start a business. Besides that, I found out that negotiation play important role in a business. Moreover, I hope I can have a chance to start a business so I can gain more experiment and develop myself.
This lesson teach me to think and identify resources before start a business. Firstly, choose product or service business. Then use 5H1W technique to identify the resources needed. After that, prepare myself well for negotiation process. Remember to plan, use negotiation strategics and tactics in negotiation process.
So...
Start business now with these guidance
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