17 th April 2015 Launch and Training Session - Business Plan
17th April 2015
Launch and Training Session - Business Plan
WHAT YOU WILL BE LEARNING
Innovation &Enterprise
Generate Earth-Friendly
Business Ideas
Leadership & Team SpiritDevelop a
Viable Business Plan
Hands-OnLearning
Experience
Things to do: Submit a Business Proposal
BUSINESS DESCRIPTIONAllow reader to understand business thoroughly
ENVIRONMENTALLY-FRIENDLY ELEMENT
How does it help to save the environment?
MARKETINGHow to make people buy your things?
BASIC ACCOUNTINGKeep a record of how much you hope to earn
and how much you will be spending.
HOW TO BE SHORTLISTED?
Criteria WeightageBusiness Description 20%Environmentally Friendly Element 40% Marketing 30%Accounting 10%Total 100%
AWARDS & PRIZES TO BE WON!Awards PrizeThe Most Earth Friendly Enterprise $300
The 2nd Most Earth Friendly Enterprise $200
The 3rd Most Earth Friendly Enterprise $100
The Most Creative and Innovative $100
The Most Attractive Display (SG50 Theme) $100
The Most Engaging Earth Friendly Sales Presentation $100 The Social Media Darling Award $100
* For each day! :D
IMPORTANT DATES TO REMEMBER!
27April
15May
4-5July
Submission of Business Proposal
40 FinalistsShortlisted
Finals @Changi City
Point
What makes a Company ‘Green’?
Environmentally FriendlySustainable Business Practices
Reduce, Reuse, Recycle
Examples of Green Companies
Innovative concept to power car by both petrol and battery powered engine.
Toyota also made use of the assisted battery engine to significantly decrease fuel consumption .
TOYOTA
THE BODY SHOP
REDUCECO2 emissions by 50%
Electricity consumption by 50%Waste output by 50%
Domestic water consumption by 25%
Use natural ingredients for their productsProduct bottles made from 100% post consumer recycled plastics.
1. How badly do you want to WIN?2. Are you mentally prepared to OWN
this business?
Ask yourself these questions:
Is it addressing a need? The Business IdeaIs it new ordifferent?
Can it be done?
• Examples- Pencil case- Home Decorations
• For more ideas, visit:http://www.nybc2015.com/http://www.instructables.com/http://www.youtube.com/
The Business Idea
A Winning Business Plan
WHOWHATWHENWHERE
WHYHOW
• Business is a TEAM Sport• Nominate a Leader• Set a Common Goal
Phase 1: Starting Point
1. What is your Business?2. Why did you choose this
Business?3. What are your Strengths and
Weaknesses?4. Include drawings or pictures5. Handcrafted products will be
preferred
Phase 2: Business Description
1. How is your business eco-friendly? 3Rs?
Phase 3: Eco-Friendly Element
Reduce?
Recycle?Reuse?
2. How can your customers benefit from your product?
Phase 3: Eco-Friendly Element
Phase 4: Marketing
• Guerilla Marketing– Minimum Costs, Maximum Exposure
Phase 4: Marketing
Phase 5: FinancialsBasic 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
Phase 5: FinancialsItem Amount
Total Sales 1000
Less: Cost of Goods Sold 500
Gross Profit (a) ?
Less: Expenses
1. Stationery 100
2. Marketing Materials 100
Total Expenses (b) 200
Net Profit (a) – (b) ?
Phase 5: FinancialsItem Amount
Total Sales 1000
Less: Cost of Goods Sold 500
Gross Profit (a) 500
Less: Expenses
1. Stationery 100
2. Marketing Materials 100
Total Expenses (b) 200
Net Profit (a) – (b) 300
1. Go to
2. Click on “NYBC 2015 Competition Details”3. Download the Business Plan Template4. Submit your plans to [email protected]. Deadline: Monday, 27th April 2015
Submission Details
http://www.nybc2015.com/
Things to be included when submitting:1. Name of School2. Name, Email address and Contact Number of Teacher
In-charge3. Group Name4. Student Names (6 Maximum) 5. Email address and Contact Number of Student Leader
Submission Details
• A Winning Plan Should Be:– Concise (Maximum 4 Pages)– Informative & Comprehensive– Include pictures/drawings– Neat and Easy to Read
Requirements
Criteria WeightageBusiness Description 20%Environmentally Friendly Element 40% Marketing 30%Accounting 10%Total 100%
THANK YOU.