Wednesday, August 11, 2010

CCI expands service for start-ups

 
Augsburg, 11:08:10
For entrepreneurs, the IHK Schwaben now offers a complete service from business idea to realization of the company founders are accompanied by the advisor of IHK Schwaben.
Enlarge Image
IHK Augsburg
 
The business idea is there, standing business plan and financing. Now it is only a few administrative hurdles to overcome. For entrepreneurs, it is also here: Do not despair, there is help in the founding advisors of the Chamber of Commerce. Two new products have the foundation consultant in the offer. They help with the business registration and are the so-called "single contact". This "single point of contact should" for new businesses from other EU countries, bring light into the bureaucratic thicket.
 
CCI offer: submit business licenses legally binding
 
Commercial applications that require no further industry-specific permissions: These can be delivered as part of a business consulting bind since July in the Chamber of Advisors in Augsburg and Memmingen. This offer will be bundled and administrative procedures remain in one hand.
 
Chamber of Commerce advises companies to founder from the base
 
"The Chamber is now offering a complete service," said consultant Jürgen Wager. "We support entrepreneurs from the base information in the early days of the individual start-up and financial advice to the receipt of commercial ads."
 
"Single Contact" for the whole EU
 
What is behind the idea of a "Single point of contact"? About this property offers the IHK entrepreneurs and founders of the countries of the European Union information on all relevant regulations. Furthermore, it helps in the necessary procedures for the purpose of the proposed activity in Germany is necessary. The offer of the Chamber of Commerce exist alongside those of other professional societies in Bavaria.
 
Business start-up team of consultants of the Chamber of Commerce
 
Back to the consulting team of IHK Schwaben are under the competence creation, financing, renovation, Jürgen and Barbara Wager Klause. Jürgen Wager is for Northern Swabia and Augsburg economic responsibility. He can be reached via e-mail or call 0821-3162-255 juergen.wager @ schwaben.ihk.de. Barbara Klause is the Allgäu and Swabia officer for West. She can be reached via the CCI Regionalgeschäftsstelle in Memmingen: barbara.klause @ schwaben.ihk.de.
 
Business start-dates for consultation
 
Dates for the next CCI founder Days: Thursday, 2 September 2010 in the IHK Schwaben in Augsburg, on Wednesday 22 September in a business center in Memmingen.

Sunday, August 8, 2010

small business incubator

Many incubators have been pivotal in nourishing small businesses to the point where they can make it on their own. But observers note that the programs are not foolproof.
Some small businesses fail despite their membership in such programs; incubators themselves sometimes fold, crippled by any number of factors. Entrepreneurs, then, need to recognize that some incubators are better suited to meet their needs than others. Considerations to weigh when choosing an incubator include the following:
• Is It a True Incubator?—Some office building owners falsely advertise themselves as incubators in order to lure tenants. Entrepreneurs need to study the details of each offer to determine whether such claims are legitimate.
• Length of Operation—Incubators take some time to establish their reputation in an area unless they are sponsored by a very high-profile corporation or a well-funded government agency.
• Incubator Leadership—Many analysts contend that entrepreneurs can learn a great deal about the fundamental quality of an incubator program simply by studying the program's leadership. Is the incubator managed by people with backgrounds in business, or by general college or agency administrators? Can the managers provide long-term business plans that show how they intend to guide the incubator to financial independence?
• Location—Does the incubator's setting adequately address your fledgling company's needs in terms of target market, transportation, competition, and future growth plans?
• Financing—Is the incubator's financial base a reliable one, or is it on shaky ground? Entrepreneurs interested in exploring the incubator concept can request information from several sources, including the Small Business Administration, area economic development agencies, area educational institutions, or the National Business Incubation Association. Would-be small business owners should have a completebusiness plan in hand before applying for entrance into an incubator program. Most incubators maintain a stringent screening process to ensure that their resources
are put to the best possible use.


Friday, August 6, 2010

books on business plans

I would like to inquire whether we should include excerpts of books on business plans into our blog here. This would be stimulating the debate on these entrepreneurship books boosting the content of this blog.

Some feedback is welcome.


Tuesday, August 3, 2010

Anatomy of a Business Plan

Written business plans are as varied as the companies that compile them. Some plans run almost 100 pages, whereas others barely fill a few sheets. Some plans start with executive summaries, and others plunge right into detailed descriptions of products and services. Some companies print their business plans on paper, and some publish their plans exclusively on the Web. Some plans include page after page of financial projections, and others list only anticipated costs, expected revenues, and projected profits.


Every business plan is written for a different reason and to obtain a different outcome. Still, some plans are better than others. The following information helps you write a plan that will win high marks.


From: the business planning kits for dummies.

Defining your business-planning situation

To get your business where you want it to go, you need a map to follow, which is what your business plan is all about. It starts with a description of your current situation; describes your future plans; defines your opportunities; and details the financial plan, operational, marketing, and organizational strategies you’ll follow to achieve success. And what market research needs to be done.
Imagine that your company is a ship about to set sail on an ocean voyage. Your business plan defines your destination and the route that you’ll follow. It details the supplies and crew you have on board as well as what you still need to acquire. It forecasts the cost of the voyage. It describes the weather and sea conditions you’re likely to encounter along the way and anticipates the potential dangers that may lurk over the horizon. Finally, your business plan identifies other ships that may be attempting to beat you to your destination.
The same kind of planning is necessary back on dry land. To navigate a new course for your company, you need to start with an assessment of where your business is right now. You may be putting your business together for the first time. Or your business start up may be up and running but facing new challenges.
Or perhaps your business is doing well and about to launch a new product or service. Once you assess your current situation, you need to define where you want to arrive and what strategies you’ll follow to get there.

From business plan kits for Dummies

Planning for a business start-up

Planning for a start-up
A start-up company begins with a new idea and high hopes. A business plan helps these new ventures evaluate their new idea, potential market, and competition. The critical questions that a business plan for a start-up must address are
- Does this new venture have a good chance of getting off the ground?
- How much money will the business need to get up and running?
- Who are our customers, and what’s the best way to reach them?
- Who are our competitors, and what’s the best way to outrun them?
- Why will customers choose our new product or service instead of our competitors’?


From business planning tools for Dummies.

Sunday, July 4, 2010

successful business plan secrets

The Successful Business Plan: Secrets & StrategiesIt's the bestselling business plan guide on the market. Over 600,000 copies

sold--now updated and revised! Everything you need to know to writie a fool-proof, perfectly formatted, knock-'em dead business plan. The Successful

Business Plan includes a sample business plan, 99 worksheets to get you started, financial evaluation techniques even a numbers novice can use, and over

200 real-life insider tips from successful CEOs.