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Youth Bussiness Development and Enttrepreneurial Mentorship Report

Jun 03, 2018

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Zephaniah Otuko
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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    TRAINING REPORT ONTRAINING REPORT ON

    YOUTH BUSINESS DEVELOPMENT & ENTREPRENEURIAL MENTORSHIP

    World Vision-LAMBWE IPA

    0

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    ACKNOWLEDGEMENTS

    We would like to th!k I"EDA #t$ %o thei lo'i#ti(l #u))ot* I! )ti(ul+ we e'te%ul %o the te(h!i(l #u))ot %o, Geo'e "olli!# Owuo* Thei #u))ot %o thi#

    -outh .u#i!e## de/elo),e!t & e!te)e!euil ,e!to#hi) ti!i!' w#(iti(l* S)e(il th!k# 'o to the )ti(i)!t# who e e)e#e!tti/e# %o, /iou#(o!#titue!(ie# dw! %o, 0i#u,u we#t+ 0i#u,u (e!tl !d Se,e*

    We would like to (k!owled'e the i,)ot!t #u))ot o% the -outh# %o theie!thu#i#, !d )ti(i)tio! i! le!i!' !ew (o!(e)t#* Thei (o!ti.utio! %o,# the(oe o% thi# ti!i!' e)ot* The ti!i!' will )l- ! i,)ot!t ole i! e!h!(i!'-outh )ti(i)tio! i! )o/et- lle/itio! )o1e(t*

    2

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    LIST OF ABBREVIATIONS AND ACRONYMS

    "D3 "o,,u!it- De/elo),e!t 3u!d

    "E" "ou!t- E4e(uti/e Me,.e

    "SO "i/il So(iet- O'!i5tio!

    HELB Hi'he Edu(tio! Lo!# Bod

    I"EDA I!#titute %o "i/i( Edu(tio! !d De/elo),e!t i! A%i( Tu#t

    NGO No!6Go/e!,e!tl O'!i5tio!

    7

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    BACKGROUND

    The I!#titute %o (i/i( edu(tio! !d de/elo),e!t i! A%i( 8I"EDA9 i# !o'!i5tio! tht wok# towd# e!h!(i!' ()(itie# o% the (iti5e!#+e!li'hte! o! thei i'ht# !d o.li'tio!# !d the !eed to di#(d thei l(k o%i!tee#t i! 'o/e!!(e i##ue# t ll le/el# *Ri'ht %o, it# i!(e)tio! i! 2::; todte+ the o'!i5tio! h# hd '## oot oie!ttio! !d oute(h* It

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    Table of Contents

    ACKNOWLEDGEMENTS.......................................................................................1

    LIST OF ABBREVIATIONS AND ACRONYMS............................................................2

    BACKGROUND....................................................................................................2

    1.0 TRAINING PROCESS....................................................................................4

    2.0 STARTING UP.............................................................................................4

    3.0 SITUATION ANALYSIS OF YOUTHS IN KISUMU COUNTY..................................7

    4.0 ENTREPRENURAL MINDSET...........................................................................9

    .0 BUSINESS NETWORKING SKILLS..................................................................10

    !.0 STRATEGIC APPROACH TO ENTERPRISE MANAGEMENT..................................13

    7.0 PROCUREMENT...........................................................................................19".0 BUSINESS DEVELOPMENT SOLUTION............................................................20

    " .0 LEGAL ISSUES IN BUSSINESS......................................................................22

    9 .0 NEGOTIATION IN BUSSINESS.......................................................................2!

    10. 0 COMMUNICATION AND ENTREPRENEURSHIP..............................................2"

    APPENDI?22 TRAININGTIMETABLE****************************************************************************************>7APPENDI?222 LISTO3PARTI"IPANTS*****************************************************************************************>>

    @

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    e!.le the, .uild o! )#t e4)eie!(e !d dd !ew i!%o,tio! !d #kill#*The ti!i!' i!(luded ,!- i!te(ti/e (ti/itie# #u(h # ole )l-+ 'ou)di#(u##io!#+ #to-telli!' !d .i!#to,i!'*

    #!STARTING U"

    The i!todu(tio!# i!(luded !,e o% )ti(i)!t+ (o!#titue!(- e)e#e!ted+wht -ou do+ E4)e(ttio!# like# !d di#like#+

    Wok#ho) No,#Wok#ho) No,#

    I! ode to (ete %/o.le le!i!' e!/io!,e!t the )ti(i)!t#de/elo)ed !o,# tht would 'uide the, dui!' the ti!i!' #e##io!#* The!o,# # e!u,eted .- )ti(i)!t# i!(luded

    Stt !d (lo#e with wod o% )-e#*

    Pu!(tulit- .e o.#e/ed

    All (ell6)ho!e# o ,o.ile )ho!e# .e )ut o! #ile!t ,ode

    Totl e#)e(t %o e(h othe

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    Responsibilities Name ofParticipant

    Wel%e Lede Al/i! Otie!oTi,e 0ee)e "hi# OdeS)iitul Lede G(e BweE!e'i5e Vi!(e!t OduwR))oteu 0e,to Muee!Se##io!(oodi!to

    Tee5e O!-!'o

    T#$%&%&' G+$- 5 O6(/)%(T#$%&%&' G+$- 5 O6(/)%(

    The o/ell o.1e(ti/e wok#ho) w# to e!h!(e the #kill# o% "BO#e)e#e!tti/e# o! lede#hi)+ ,!'e,e!t+ 'o/e!!(e !d (hild)ti(i)tio! %o (hild well.ei!'*

    S(/%8/ T#$%&%&' O6(/)%(S(/%8/ T#$%&%&' O6(/)%(

    B- the e!d o% the ti!i!' the )ti(i)!t# wee e4)e(ted to Li#t !d e4)li! the i,)ot!(e !d ole o% e!te)e!eu#hi) i! o)eti!'

    .u#i!e##*

    A))l- the e!te)e!euil #kill# o% i!!o/tio!+ (eti/it- !d de(i#io!6

    ,ki!' i! thei e!te)i#e#

    A))e(ite the i,)ot!(e !d ole o% e$e(ti/e (o,,u!i(tio! %o the

    #u((e## o% the e!te)i#e* A))l- e$e(ti/el- the di$ee!t %o,t# o% (o,,u!i(tio! i! o)eti!' the

    e!te)i#e* To e4)loe the 0e- #kill# !d #tu(tue o% !e'otitio!*

    A))l- the !e'otitio! #kill# i! .u#i!e## #itutio!#

    U!de#t!d the ,e!i!' !d )o(e##e# o% .u#i!e## !etwoki!'* To e4)loe the .e!eFt# o% .u#i!e## !etwoki!'* De/elo) #kill# !d i!(ul(te the (ultue o% .u#i!e## !etwoki!'* A##i#ti!' the )ti(i)!t# to ))e(ite the .e!eFt# o% )l!!i!' i!

    %o,ulti!' !d i,)le,e!ti!' .u#i!e## #tte'-* E!.li!' the )ti(i)!t# (uie the #kill# o% u#i!' )l!!i!' tool# #u(h #

    SWOT+ PEST+ !d "o,)etito A!l-#i# i! #tte'- %o,ultio! De/elo)i!' the )ti(i)!t

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    O(&%&' R($#:O(&%&' R($#:

    0e!!eth A!u#u Die(to t I"EDA wel(o,ed e/e-.od- to the ti!i!'*

    A##ued e/e-o!e tht the ti!e# e uliFed !d will i,)(t /e-i,)ot!t i!%o,tio! !d tht )ti(i)!t #hould .e ed- to e(ei/e*Rue.e! Dli th!ked the )ti(i)!t# %o F!di!' ti,e to .e i! the ti!i!' *Hew# i,)e##ed .- the e4)e(ttio! i#ed .- the )ti(i)!t# tht weeele/!t to the o.1e(ti/e o% the ti!i!' tht would (tull- .e dde##ed .-the e!d o% the ti!i!'* Geo'e "olli!# e!(ou'ed the )ti(i)!t# to)(ti(e 'i .u#i!e## # it di/e# the e(o!o,-* Youth# !eed to di$ee!tite.etwee! 1o. !d wok* The- !eed to #tt thi!ki!' o.1e(ti/el- !d 'et #)(e%o ou#el/e# # -outh#*

    0e- !ote dde## w# deli/eed .- Ho!* e!i)he A* 0ee+ "E" %o Youth

    S)ot# !d "ultue ! 0i#u,u "ou!t-* Ho!* 0ee ke- )oi!t# e #u,,i5ed.elow

    Gld tht -outh# h/e !ow (h!'ed %o, Gonya ,e!tlit- to )eo)lewho e ed- to le! !d (h!'e thei (ou#e o% li%e*

    05i !i 05i + Thi# #heeiteted to #te## tht-outh# #hould .e ed-to #tt %o, hu,.le

    .e'i!!i!'#

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    $!SITUATION ANALYSIS OF YOUT%S IN KISUMU COUNTY

    I! (o!te4t o% the ti!i!'+ -outh wee deF!ed # ! i!di/idul )e#o! 'ed.etwee! 2K6>C -e# *The ),ete# o% !l-#i# o% the #itutio! i! 0i#u,u"ou!t- w# 'eed to i!(lude

    Edu(tio!

    Helth

    So(io e(o!o,i(

    Go/e!!(e*

    I! %ou 'ou)# the te, .i!#to,ed o! the ue#tio!# .elow** Bie=- de#(i.e the #itutio! o% the -outh# i! te,# o% the

    ),ete# .o/e.* "hlle!'e# %(i!' the -outh# i! te,# o% the ),ete#(* O))otu!itie# %o the -outh#

    d* Re(o,,e!dtio! %o the -outh# !d othe #tkeholde#

    PRESENTATIONPRESENTATION

    Group 1

    Edu(tio!Youth# i! the u.! e# e ,oe edu(ted th! the o!e i! the ul e#*Challenges facing the youths in terms of Education

    L(k %u!d# %o edu(tio!

    I! deute %(ilitie# i! the i!#titutio!# Poo le!i!' %(ilitie#

    L(k o% i!%o,tio!

    Du'# !d #u.#t!(e .u#e*

    Opportunities for the youths in Education

    De/ol/ed %u!d# e*' "D3

    I!#titutio!l %u!d# e*' HELB+0EPSA

    3ee Pi,- edu(tio! !d %ee #e(o!d- edu(tio!

    Recommendation for the youths and other stakeholders in EducationTo the -outh#

    Ye! %o ,oe i!%o,tio!

    Be (eti/e

    E,.(e 'o .u#i!e##

    "h!'e o% ttitude

    To #tkeholde#

    Po)e di##e,i!tio! o% i!%o,tio!

    :

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    3ee %i !d t!#)e!(e i! "D3 !d .u#-

    "o!#tu(ti!' ,oe le!i!' i!#titutio!#

    U)'di!' e4i#ti!' i!#titutio!# e*' /ill'e )ol-te(h!i(

    Gou) 7

    Helth"hlle!'e#A((e##i.ilit-

    Thee e !o i!%#tu(tue#

    The helth (o#t i# too hi'h *

    Attitude towd# helth #e/i(e#

    L(k o% (o!Fde!tilit-

    Ne'li'e!(e %o, #e/e )o/ide#

    "ultue !d eli'io!

    O))otu!itie# %o -outh# i! Helth

    3,i!' # /e!tue u#i!' !ew te(h!olo'ie#

    I!/ol/e,e!t i! .u#i!e## u#i!' e4i#ti!' %u!d#

    A(ti/e 'o/e!!(e*

    Re(o,,e!dtio!#Youth# %(e (hlle!'e# i! e)odu(ti/e helth *Thi# ,ke# the,

    'ou) tht i# t i#k#* A !u,.e o% )o',# !eed to .e )ut i! )l(e to(ou!te thi#* Mo#t -outh# e !ot (o/eed .- helth i!#u!(e )oli(ie# #

    eithe the- l(k ,o!e- to )- o out o% i'!o!(e o! the i,)ot!(e o% thei!#u!(e*

    Gou) >So(io e(o!o,i(l

    I!/ol/ed i! (i,i!l (ti/itie#

    Du' !d #u.#t!(e .u#e#

    Ne'ti/e ttitude towd# .o##i!e##

    A((e## to ()itl

    I'!o!(e

    Sti!'e!t ule# %ollowed dui!' )o(u,e!t )o(e##

    Bueu((- i! te!dei!' )o(e##

    E4)eie!(e !d #kill# i! .u#i!e##

    L(k o% i!/e#to#

    O))otu!itie# %o -outh# o! #o(io e(o!o,i( i##ue# $e(ti!' -outh#

    A/il.ilit- o% %u!d#

    2;

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    Youth Business Development &Entrepreneurial MentorshipTraining: 22nd-23rd May 201

    Po(ue,e!t )oli(- tht )e#e/e# >;J o% ll 'o/e!,e!t

    (o!t(t# to the -outh#*

    E!teti!,e!t i!du#t-

    Re(o,,e!dtio!#

    Youth# to .e e!(ou'ed to 'o %o ,oe de/ol/ed %u!d#* I,)le,e!ttio! o% the >;C )o(ue,e!t )oli(-

    3o,tio! !d e'i#ttio! o% 'ou)#

    Gou) @Mo#t -outh# i! 0i#u,u "ou!t- #hould .e (ti/e i! 'o/e!!(e i##ue#

    thou'h /oti!'*

    Re(o,,e!dtio!#

    Youth# #hould .e ti!ed

    Youth# #hould d/o(te !d lo..- %o the i'ht i##ue# i! the

    (o,,u!it- Youth to (t # wt(hdo' e/e-whee !d (t # ole ,odel#

    Stkeholde# to do w- with the i##ue# o% e4)eie!(e -et o!e i#

    %e#h %o, (olle'e

    &! ENTRE"RENURAL MINDSET

    I! the (o!te#t o% the ti!i!' it w# 'eed tht ! e!te)e!eu h# the%ollowi!' (h(tei#ti(#

    "eti/e !d i!!o/ti/e

    3 #i'hted

    Methodi(l I!/e#to

    Alw-# i! tou(h with )eo)le

    Ri#k tke

    Te, )l-e

    "o,,u!i(te# e#il-

    Ide!tiFe# .u#i!e## o))otu!itie#

    Should !ot e!''e i! le'l (ti/itie#*

    E&)#(#(&(;#%$- /;-);#(

    A! e!te)e!euil (ultue w# #hed # (o!#i#ti!' o% ttitude#+ /lue# !d.elie%# held .- )t )ti(ul )e#o! tht led# to e!te)e!euil.eh/iou !d #)itio!# %o #el%6e,)lo-,e!t*3uthe ! e!te)e!euil e!/io!,e!t w# di#(u##ed to .e (o!ti.uted .-

    E4i#te!(e o% !u,eou# ole ,odel#

    22

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    7* I# .u#i!e## !etwok !e(e##- i! ,- (#e Wht i# the .e!eFt>* How do I 'o .out (eti!' !etwok@* Who #hould %o, )t o% ,- !etwokC* Wht (hlle!'e# #hould I e4)e(t to ,eet while #etti!' u) !etwok# !d

    ,i!ti!i!' .u#i!e## Netwok#*

    Gou) 2

    What is a business netork!DeF!ed # .u#i!e## (ti/it- whee.- like,i!ded .u#i!e## )eo)le (ete!d (t o! o))otu!itie#* The ,i! i, i# to (o,e u) to'ethe !d woktowd# thei 'ol*3uthe it w# (liFed tht thee h# to .e ,utul .e!eF(il eltio!#hi)*

    "s a business netork necessary in my case! What is the bene#t!

    The 'ou) 'eed tht .u#i!e## !etwok w# !e(e##- i! Ti!d

    S-#te,ti( i!%o,tio! 'thei!' o% #u))lie#+#e/i(e )o/ide#+ u#e#+ (o,)etito

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    Who should form part of my netork!

    I! Ti!d< (#e the 'ou) !d )le!- 'eed tht the %ollowi!' )eo)le

    #hould %o, he !etwok

    "o,,u!it- ,e,.e#

    3ie!d !d elti/e#

    E#t.li#hed .u#i!e## )eo)le .oth (o,)etito# !d e4)et#

    Go/e!,e!t

    Su))lie#

    Le'l d/i#o#

    I!/e#to#

    What challenges should " e$pect to meet hile setting up netorks and

    maintaining business Netorks%

    * %e !d.* Not k!owi!' how to !etwok*

    3uthe di#(u##io! w# o! how to o/e(o,e the (hlle!'e# !d 'eed

    # %ollow#

    Wh- )eo)le will !ot tlk to -ou whe! -ou (ll

    The- e too .u#-

    2@

    Ide!tiF(tio! o% the .e#t )ote!til )e#o!#

    o'!i5tio!#

    Mki!' (o!t(t !d (o!/e#tio! with the ke-)eo)le* Thi# (! .e do!e .- u#e o%.u#i!e##(o,)!- )oFle+ #,)le#+ #o(il#ite#+ .u#i!e## (d# et*(-

    Tki!' o))otu!itie# # the- i#e e*' thou'htde %i#+ e4hi.itio!#+ )u.li( llie#+ eli'iou#'thei!'#+ wok#ho)# !d (o!%ee!(e#+ #o(il'thei!'#+ t #(hool !d (olle'e#*

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    The- do !ot k!ow -ou

    The- e %id -ou will )e##ue the,

    The- do !ot k!ow how to hel) -ou

    II* Wh- )eo)le will tlk to -ou whe! -ou (ll

    The- k!ow -ou

    You wee e%eed

    You h/e #o,ethi!' to o$e

    The- h/e )o..l- .ee! i! t!#itio! i! the )#t

    The- %eel the- (! .e hel)%ul

    The- e =tteed tht -ou e#)e(t thei o)i!io!#

    The- w!t to .e (outeou#

    The- e (uiou#

    The- ,- !eed -ou #o,ed-

    The- ,- .e (ti/el- looki!'+ too The- ,- w!t to e(uit %ie!d

    The- h/e de#ie to hel) tho#e who hel) the,#el/e#

    The- e ltui#ti(

    Othe# o!(e hel)ed the,

    (! STRATEGIC A""ROAC% TO ENTER"RISE MANAGEMENT

    The to)i( w# i!todu(ed to i, t

    A##i#ti!' the )ti(i)!t# to ))e(ite the .e!eFt# o% )l!!i!' i!

    %o,ulti!' !d i,)le,e!ti!' .u#i!e## #tte'-*

    E!.li!' the )ti(i)!t# (uie the #kill# o% u#i!' )l!!i!' tool# #u(h #

    SWOT+ PEST+ !d "o,)etito A!l-#i# i! #tte'- %o,ultio!

    De/elo)i!' the )ti(i)!t

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    It )o/ide# o/ell die(tio! to the whole e!te)i#e*

    Stte'i( ,!'e,e!t (! .e #ee! # (o,.i!tio! o% #tte'- %o,ultio!!d #tte'- i,)le,e!ttio!

    Role o% ,!'e i! the #tte'i( )l!!i!' w# hi'hli'hted dui!' the#e##io! to i!(ludeO/e#e# (ti/it-Su)e/i#i!'Dele'ti!'"oodi!ti!'Pl!!i!'Re(uiti!' !d hii!'Ad/i#i!'"o!tolli!'Mo!itoi!'

    Ledi!'

    The )eo)le to led i! .u#i!e## e the e,)lo-ee# +(u#to,e# #u))lie# !dothe #tkeholde#

    Stte'i( M!'e,e!t (-(le w# hi'hli'hted # %ollow#

    2

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    T*( )*#(( :( (-((&) +< )#$)('%/ -$&&%&'=

    Whee i# -ou .u#i!e## !ow

    Whee do -ou w!t to tke it Hee -ou !eed to #et out -ou to)6le/el

    o.1e(ti/e#* Wok out -ou /i#io!+ ,i##io!+ o.1e(ti/e#+ /lue#+

    te(h!iue# !d 'ol#* Whee do -ou #ee -ou .u#i!e## i! F/e o te!

    -e# Wht do -ou w!t to .e the %o(u# o% -ou .u#i!e## !d -ou

    #ou(e o% (o,)etiti/e d/!t'e o/e -ou i/l# i! the ,ket)l(e

    Wht do -ou !eed to do to 'et thee Wht (h!'e# will -ou !eed to

    ,ke i! ode to deli/e o! -ou #tte'i( o.1e(ti/e# Wht i# the .e#t

    w- o% i,)le,e!ti!' tho#e (h!'e# 6 wht (h!'e# to the #tu(tue

    !d F!!(i!' o% -ou .u#i!e## will .e euied !d wht 'ol# !d

    dedli!e# will -ou !eed to #et %o -ou#el% !d othe# i! the .u#i!e##Thi!k .out the .u#i!e## # whole+ %o e4,)le (o!#ide

    di/e#iF(tio!+ e4i#ti!' 'owth+ (ui#itio! )l!#+ # well # %u!(tio!l

    ,tte# i! ke- e#*

    S)#$)('%/ A&$-%= >W*(#( $#( ?( &+?@

    Thi# i!/ol/e# u!de#t!di!' # ,u(h .out -ou .u#i!e## # )o##i.le+

    i!(ludi!' how it o)ete# i!te!ll-+ wht di/e# it# )oFt.ilit-+ !d

    how it (o,)e# with (o,)etito#*

    The tool# u#ed i!(lude

    o SWOT A!l-#i#

    o TOWS A!l-#i#

    o PEST A!l-#i#

    o S(e!io Pl!!i!'

    o 3i/e 3o(e# A!l-#i#

    o "o,)etito A!l-#i#

    o Mket Se',e!ttio!

    o Die(tio!l Poli(- Mti4

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    o "iti(l Su((e## 3(to A!l-#i#

    SWOT ANALYSIS

    The 0i!d o% !l-#i# %o,# the .#i# %o #-!(ho!i5i!' the %,*@*

    O))otu!itie#2*7*>*@*

    Wek!e##e#

    2*7*>*@*

    Thet#

    2*7*>*@*

    T.le 2 SWOT Mti4

    Ste!'th#*The#e e%e to

    Wht i# 'ood 8e*'* M!'e,e!t+ F!!(e#+ l.ou+ !tul e#ou(e#

    et(9+ tho#e thi!'# tht -ou do well+ the hi'h /lue o )e%o,!(e )oi!t#

    o (h(tei#ti( tht 'i/e# the e!te)i#e ! i,)ot!t .ilit- o

    (o,)etiti/e d/!t'e Ste!'th# (! .e t!'i.le Lo-l (u#to,e#+ eQ(ie!t di#ti.utio!

    (h!!el#+ /e- hi'h ulit- )odu(t#+ e4(elle!t F!!(il (o!ditio!

    The- (! .e i!t!'i.le Good lede#hi)+ #tte'i( i!#i'ht#+ (u#to,e

    i!telli'e!(e+ #olid e)uttio!+ hi'h #killed wok%o(e+ Sto!' .!d

    we!e##+ Pte!t#+ "u#to,e lo-lt-+ "o#t d/!t'e#+ E4(lu#i/e ((e##

    to e#ou(e#+ 3/o.le ((e## to di#ti.utio! (h!!el#

    O%te! (o!#ideed "oe "o,)ete!(ie# Be#t le/e'e )oi!t# %o 'owth

    without di!i!' -ou e#ou(e#

    Wek!e##e#The#e e

    Tho#e thi!'# tht )e/e!t -ou %o, doi!' wht -ou ell- !eed to do

    Si!(e wek!e##e# e i!te!l+ the- e withi! -ou (o!tol

    Wek!e##e# i!(lude Bd lede#hi)+ u!#killed wok%o(e+ i!#uQ(ie!t

    e#ou(e#+ )oo )odu(t ulit-+ #low di#ti.utio! !d deli/e- (h!!el#+

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    outdted te(h!olo'ie#+ l(k o% )l!!i!'+ Wek .!d we!e##+ No

    )te!t )ote(tio!+ Poo e)uttio! ,o!' (u#to,e# hi'h (o#t #tu(tue+

    l(k o% ((e## to e#ou(e# !d l(k o% ((e## to di#ti.utio! (h!!el#

    O))otu!itie# O))otu!itie# Pote!til e# %o 'owth !d hi'he )e%o,!(e

    E4te!l i! !tue ,ket)l(e+ u!h))- (u#to,e# with (o,)etito

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    Alw-# ))l- SWOT i! eltio! to -ou (o,)etitio! i*e* .ette th! o

    wo#e th! -ou (o,)etitio!*

    0ee) -ou SWOT #hot !d #i,)le* A/oid (o,)le4it- !d o/e !l-#i#

    SWOT i# #u.1e(ti/e

    PESTE ANALYSIS

    I!todu(tio!

    PEST A!l-#i# i# #i,)le+ u#e%ul !d widel-6u#ed tool tht hel)# -ouu!de#t!d the .i' )i(tue o% -ou Politi(l6Le'l+ E(olo'i(l6"li,te+ So(io6"ultul+ Te(h!olo'i(l !d E(o!o,i( e!/io!,e!t* A# #u(h+ it i# u#ed .-

    .u#i!e## lede# woldwide to .uild thei /i#io! o% the %utue*

    PEST A!l-#i# 3,ewok

    PEST A&$-% F#$(?+#:

    How to u#e the tool

    To u#e thi# tool+ %ollow thi# thee #t'e )o(e##2* Bi!#to, the ele/!t %(to# tht ))l- to -ou

    The %ollowi!' %(to# ,- hel) # #tti!' )oi!t %o .i!#to,i!'8.ut ,ke #ue -ou i!(lude othe %(to# tht ,- .e ))o)ite to-ou #itutio!9

    Politi(lLe'l Go/e!,e!t t-)e !d Politi(l #t.ilit-

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    3eedo, o% )e##+ ule o% lw !d le/el# o% .ueu((- !d

    (ou)tio!

    Re'ultio! !d de6e'ultio! te!d#

    So(il !d e,)lo-,e!t le'i#ltio! T4 )oli(-+ !d tde !d ti$ (o!tol#

    E!/io!,e!tl !d (o!#u,e6)ote(tio! le'i#ltio!

    Likel- (h!'e# i! the )oliti(l e!/io!,e!t

    Tde 'ee,e!t#+ e#ti(tio!#+ !d ti$#

    E(olo'i(l"li,te "li,te (h!'e !d it i,)(t

    A!!ul i!%ll

    A!!ul e/)otio! te I!(ide!(e o% El !i!o !d L !i!

    So(io6"ultul Po)ultio! 'owth te !d 'e )oFledi#ti.utio!

    Po)ultio! helth+ edu(tio! !d #o(il ,o.ilit-+ !d ttitude# to

    the#e

    Po)ultio! e,)lo-,e!t !d welth )tte!#+ 1o. ,ket %eedo,

    !d wok ttitude#

    Pe## ttitude#+ )u.li( o)i!io!+ #o(il ttitude# !d #o(il t.oo#

    Li%e#t-le (hoi(e# !d ttitude# to the#e

    So(io6"ultul (h!'e#

    Reli'io!

    Te(h!olo'i(l E!/io!,e!t I,)(t o% e,e'i!' te(h!olo'ie#

    I,)(t o% I!te!et+ edu(tio! i! (o,,u!i(tio!# (o#t# !d

    i!(e#ed e,ote woki!' Re#e(h !d De/elo),e!t (ti/it-

    I,)(t o% te(h!olo'- t!#%e

    Le/el o% uto,tio!

    Te(h!olo'- i!(e!ti/e#

    De'ee to whi(h te(h!olo'- llow# %o (he)e !do hi'he

    ulit- )odu(tio!

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    De'ee to whi(h te(h!olo'- llow# %o ,oe i!!o/te )odu(t#

    !d #e/i(e#

    O))otu!itie# %o !ew di#ti.utio! (h!!el#

    New w-# to (o,,u!i(te with (o!#u,e#

    E(o!o,i( St'e o% .u#i!e## (-(le

    "ue!t !d )o1e(ted e(o!o,i( 'owth te#+

    I!=tio!+ E4(h!'e te# !d i!tee#t te#

    U!e,)lo-,e!t !d l.o #u))l-

    L.o (o#t#

    Le/el# o% di#)o#.le i!(o,e !d i!(o,e di#ti.utio!

    I,)(t o% 'lo.li5tio! Likel- i,)(t o% te(h!olo'i(l o othe (h!'e o! the e(o!o,-

    Likel- (h!'e# i! the e(o!o,i( e!/io!,e!t

    GDP )e ()it

    )! "ROCUREMENT

    Po(ue,e!t i! the (o!te4t o% the ti!i!' w# deF!ed # (ui#itio! o%'ood# !d #e/i(e# %o, ! e4te!l #ou(e*

    The #te)# i! Po(ue,e!t )o(e##*

    Need Re(o'!itio! %o the 'ood#e/i(e#

    S)e(iF( !eed

    Sou(e o)tio!#

    Pi(e !d te,#

    Pu(h#e ode

    Deli/e-

    E4)editi!'

    Re(ei)t !d I!#)e(tio! o% )u(h#e#

    I!/oi(e ))o/l !d )-,e!t

    Re(od ,i!te!!(e

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    *! BUSINESS DEVELO"MENT SOLUTION

    Se/el .u#i!e## #e/i(e# wee di#(u##ed dui!' the #e##io!# tht i!(luded

    2* Bu#i!e## I!%o,tio! Se/i(e#*Thi# #hould .e 0e- #e/i(e e#)e(ill- t the i!itil #t'e#* Reuie,e!t#

    %o thi# #e/i(e e h/i!' ll #ot# o% i!%o,tio! o! the .u#i!e## e#

    -ou wi#h to #u))ot* Thi# will i!(lude .ut !ot li,ited to

    Mket i!%o,tio!+ 6 lo(l+ e4)ot et(+

    Podu(t i!%o,tio!

    Le'l i!%o,tio! 6 Go/e!,e!t e'ultio!#+

    Te(h!olo'ie# E4i#ti!' !d G)#

    Skill# Reuie,e!t# A(ti/e )l-e# lo(l+ !tio!l !d i!te!tio!l !d "o!t(t#

    3i!!(il euie,e!t#

    Thi# (ould .e )(k'ed i! /iou# ,edi !d w-#* Bo(hue#+ M!ul#+

    'lo##-+ Die(toie#+ Module#+ 6 "D#+ We.#ite#+ Pi!t*

    "d# (ould .e de/elo)ed #o tht #o,eo!e #eeki!' %o i!%o,tio! (ould u#e

    it %o #)e(iF(tio!#*

    Boke'e !d Li!k'e# Se/i(e#*

    Thi# will i!/ol/e 'etti!' the dt o! ll the ,1o )l-e# withi! the /lue(hi!+ .oth t lo(l+ !tio!l !d i!te!tio!l le/el* Thi# will i!(lude

    #e/i(e )o/ide#+ thei )odu(t#+ (o#t#+

    )l-e# wht the- .u- !d )odu(e+

    Tde !d Podu(e O'!i5tio!# ,e,.e#hi)+ (ti/itie#+ #u((e##+

    e o% o)etio! et(*

    Go/e!,e!t #e/i(e# )#ttl#+ ,i!i#tie#+ %u!d# o)etio!#+

    Thi# will l#o i!/ol/e

    Si'!)o#ti!' 1u#t 'i/i!' i!%o,tio! whee to 'et #)e(iF( #e/i(e#* Li!ki!' A!'i!' (o!du(i/e e!/io!,e!t %o two )tie# to ,eet !d

    'ee*

    Boke'e Goi!' #te) %uthe !d )o/idi!' #)e(iF( #e/i(e#+

    i!(ludi!' ,o.ili5tio!+ le'l+ 'u!tee#+ et( to hel) the )tie# h/e

    (o!Fde!(e i! o!e !othe !d 'ee*

    Thi# (ould .e )(k'ed # ,i!i )o1e(t# to ,eet #)e(iF( t'et#

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    Bu#i!e## Su))ot Se/i(e#*

    Thi# ,- i!(lude+ Te(h!i(l #kill# ti!i!'+ Te(h!olo'- de/elo),e!t !d

    T!#%e+ Bu#i!e## )l! de/elo),e!t+ 3e#i.ilit- Studie#+ Su/e-#+ "u#to,e

    Sti#%(tio! Su/e-#+ Book kee)i!' !d A((ou!ti!'+ ulit- ##u!(e+

    Mket !d Podu(t de/elo),e!t+ GPRS et(* Thi# ,- .e do!e i!

    (oll.otio! with othe (o!#ult!t# whee !e(e##-*

    Bu#i!e## Me!to#hi) !d "o(hi!'Thi# i# the (t o% i!du(i!' k!owled'e+ e#e(hi!'+ 'uidi!' !d ti!i!' #

    well # )o/idi!' te(h!i(l #kill# !d k!owhow* Bu#i!e##e# e .uilt o!

    (o!(e)t# !d ide# whi(h !eed to .e i,)ted to othe#* All the#e

    (o!(e)t# e %ou!d i! .u#i!e## i!(u.to+ #u.6to)i( (o/eed .elowBu#i!e## I!(u.tio!

    Thi# i!/ol/e# ,e!toi!' !d .u#i!e## (ou!#eli!'* Thi# i# t hi'he le/el!d euie# tht !u,.e o% e!te)e!eu# e #et u) i! #)e(iF( e to

    #he (eti! F4ed (o#t# !d #e/i(e#* The- e (ou(hed i! e# o% !eed %o

    #)e(iF( )eiod o% ti,e*

    A# di#(u##ed .o/e+ .u#i!e## i!(u.tio! %o(u#e# o! di$ee!t #)e(t# o%

    e!te)e!eu#hi)* I!(u.to# #hould #u))ot the 'owth !d w-# o%

    ,i!i,i5i!' the %ilue# o% #tt6u)#* A! i!(u.to thee%oe #hould )o/ide

    e#ou(e# tht #u))ot the#e ide#* The ,i! %u!(tio!# !d e#ou(e# o%

    .u#i!e## i!(u.to #hould i!(lude

    3i!!(i!'

    De)e!di!' o! the t-)e !d !tue o% ! i!(u.to+ ()itl i!/e#t,e!t# ethe %ou!dtio! tht #tt6u) (! .e e#il- .uilt o!* A .u#i!e## i!(u.to(! )l- ole# #u(h # o$ei!' (olltel+ 'u!teei!' lo! i!#tll,e!t# +.oo#ti!' euit- /lue+ die(t ()itl i!1e(tio!+ )o/idi!' i!/e!to-#to(k o)o/idi!' (he)6lo!' te, lo!#* The o.1e(ti/e# e to h/e ()itl .#e %o.u#i!e##e# tht i# ,!'e.le+ %e#i.le+ !d =e4i.le !d h# )edi(t.leetu!#* S,ll .u#i!e##e# h/e ,-id (hlle!'e# #u(h # i!((e##i.le()itl #i!(e ,!- l(k i!/e#t,e!t# tht ,- (t # (olltel

    Po/i#io! o% Bu#i!e## )e,i#e

    E#t.li#hed !d ,oe F!!(ed i!(u.to# will )o/ide wok )e,i#e tht i#

    (o,)etiti/e+ #tte'i( !d well e#ou(ed* A/il.ilit- o% )h-#i(l #)(e tht

    i# led- )id %o will 'i/e #tt6u) (o,)etiti/e d/!t'e #i!(e it (!

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    d,ti(ll- edu(e ()itl (o#t#* A #tte'i( lo(tio! e!#ue# tht the

    .u#i!e## i!(e#e# #u#te!!(e+ /i#i.ilit- !d e#ou(e #hi!'*

    "o(hi!' !d ,e!toi!' 8# di#(u##ed .o/e9

    I!%#tu(tue

    I!%#tu(tue i# )eh)# the (o#tlie#t i! the .u#i!e## de/elo),e!t

    #)hee#* While othe .u#i!e##e# (! thi/e %o, ho,e with li,ited

    ##et# euie,e!t#+ thee e othe# tht euie !etwok# i! te,# o%

    I"T+ ulit- .uildi!'# tiloed %o %u!(tio!#+ ((e## to ,ket#+

    t!#)ot %(ilitie#+ )o(e##i!' )l!t# !d othe !(ill- eui),e!t#*

    Lw !d e'ultio! )oli(ie#

    3ellow#hi) !d ##o(itio!

    A .u#i!e## i!(u.to t'et# #)e(iF( %o, o% .u#i!e## *It i# thee%oe

    o./iou# tht the .u#i!e##e# #u))oted will h/e #hed (h(tei#ti(#*

    Whe! .u#i!e##e# e .ou!d .- #,e ule# !d e'ultio!#+ it i# o!l-

    )odu(ti/e whe! #u(h o'!i5tio!# %o, ##o(itio!# o )o%e##io!l

    .odie# tht would h/e the )owe# to %o, ule# !d e'ultio!# tht

    would e!#ue #t!ddi5ed #e/i(e# !d e#ie ,o!itoi!'*

    I!telle(tul )o)et-

    A.u#e o% i!telle(tul )o)et- i# ,)!t i! #,ll .u#i!e##e#* The)o(e## o% 'e!eti!' ide# i! 'e!el i# %o,l !d .!k# o! tu#t

    whi(h led# to ,!- #tt6u) ide# .ei!' (o)ied !d e4)loited*

    Bu#i!e## i!(u.to# (! )ote(t (eti/it- thou'h le'l (tio!+

    F!!(i!' !d (eti!' we!e##* Thi# would l#o e!.le

    e!te)e!eu# le! .out tde #e(et#+ (o)-i'ht#+ )te!t#+

    #u.#idi-+ 1oi!t /e!tue# !d othe )o)et- i'ht# tht (o!(e! lo(l

    o i!te!tio!l lw*

    0!owled'e #e/i(e#

    "o!#ulti!'e4)eti#e6E4)et #e/i(e# e #o e4)e!#i/e ,ki!'

    $od.ilit- ,1o i##ue i! #tt6u)#* Bu#i!e## i!(u.to# e

    eui))ed with )e#o!!el who (! .e ((e##ed %o %ee i! (#e o% !ot6

    %o 6)oFt i!(u.to#*

    Re%el#!etwoki!'

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    Due to e4)o#ue+ i!(u.to# h/e wide (o!t(t# tht ,e,.e# (!

    ((e## .- !etwoki!' with othe )t!e#+ i! #- #u))l- (hi!* With

    %(ilitie# like #u.#idi5ed %ee# !d di#(ou!t# to ,e,.e#+ the )t!e#

    (! )(ti(e (u#to,e lo(k6i! # well # (u#to,e )oFli!' tht

    i!(e#e# (u#to,e .#e*

    Ad,i!i#ttio!

    A .u#i!e## i!(u.to #)o!#o# #e/el #,lle .u#i!e##e#*

    Ad,i!i#ttio! (ti/itie# like (etiF(tio!+ #u)e/i#io!+ )l!!i!'+

    ,keti!'+ ,!'i!' I"T e#ou(e#+ ,!'i!' ((ou!t#+ uditi!'+

    e'ulti!' o o'!i5i!' (! .e e#il- #hed t edu(ed (o#t !d

    with hi'h eQ(ie!(-*

    + ! LEGAL ISSUES IN BUSSINESS

    The i, o% the to)i( w# to

    A))e(ite the !eed !d ))li(tio! o% le'l ,tte# to thei .u#i!e##

    )(ti(eU!de#t!d the .e!eFt# o% dhee!(e to lw %o #ou!d .u#i!e##*

    Wh- ! E!te)e!eu #hould (o,)l- with the lw

    ! S%et- o% ##et# o% e!tit- to ,eet o.li'tio!#

    ! St.ilit- o% the e(o!o,- %o, the (h!'e# i! the i!du#t-

    ! Stu(tue )ote(tio! o% (iti5e!# %o, .it- )owe o% the

    e!/io!,e!t !d .u#i!e##e#

    ! Pu.li( (o!Fde!(e i! the .ilit- o% lede#hi)

    ! "o!/e!ie!(e 'eo')hi(+ (o#t+ ulit-+ i! u#e+ %etue#

    Lw# $e(ti!' .u#i!e## e!te)i#e#

    Thou'h .i!#to,i!' #e##io! the %ollowi!' wee di#(u##ed # #o,e

    o% the lw# $e(ti!' .u#i!e## e!te)i#e#

    L.o lw#

    Mi!i,u, w'e lw#

    E!/io!,e!tl lw

    Bu#i!e## e'i#ttio! lw#

    Pe,i#e# li(e!#e

    Li.ilitie#

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    W!tie#

    I!#u!(e

    Ri#k ,!'e,e!t

    I!du#t- #)e(iF( lw#

    T-)e# o% Bu#i!e## o'!i5tio!

    3ou t-)e# wee hi'hli'hted # %ollow#! Sole )o)ieto#hi)

    Thi# w# di#(u##ed # %ollow#

    (h(tei#ti(# Sole )o)ieto#hi)*

    "itei "h(tei#ti(Ow!e#hi) Ow!ed .- o!e )e#o!Le'l Pe#o!lit- Not le'l e!tit- i*e* Not e(o'!i5ed #e)tel- %o, ow!e

    Li.ilitie# U!li,ited+ 6 ll the .u#i!e## de.t# e )e#o!l de.t#T4tio! Bu#i!e## !ot t4ed+ it i# the ow!e who i# t4ed*

    ! Pt!e#hi)

    "itei "h(tei#ti(Ow!e#hi) Ow!ed .- .etwee! two to twe!t- )e#o!#Le'l Pe#o!lit- Not le'l e!tit- i*e* Not e(o'!i5ed #e)tel- %o, ow!e

    Li.ilitie# U!li,ited+ 6 ll the .u#i!e## de.t# e 1oi!t de.t# o% ow!e#T4tio! Bu#i!e## !ot t4ed+ it i# the ow!e# who e t4ed*

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