Whiz Teens in Business

Table of Contents

Introduction: The Complete Business Process

Chapter 1: So You Would Like to Be in Business?

  • Is starting your business a good idea?

  • What kind of business should you start?

  • Do you need a business idea?

  • Refining your idea

  • What can you achieve by starting a business?

Chapter 2: Who Are You?

  • How do you know who you are?

  • Test: What is your personality type?

  • Personality types

  • What is the business best suited to your personality?

  • Your abilities and skills

  • Qualities required to be an entrepreneur

  • Can you still be an entrepreneur without all those qualities?

  • What is a mentor?
  • What do you want to accomplish?

  • Finding your niche

  • Types of businesses

  • What is it like out there?

  • Official requests

Chapter 3: Do You Have the Necessary Assets and Talents?

  • You will be making money... What will you do with it?

  • What kind of expectations should you have?

  • Managing your parents

  • Dealing with your business AND your school workload

  • Friends' reactions to your business

  • Is everyone going to like you?

  • Will you be taken seriously?

  • How will you test your business idea?

Chapter 4: Legal Stuff...

  • Protecting yourself and your business

  • Legal structure

  • Insurance

  • Do you need permits?

  • Your responsibilities

  • Agreements and contracts

  • Nondisclosure agreement

  • Copyrights, trademarks, service marks and patents

Chapter 5: Paperwork!!!

  • Administrative tasks: what can you expect?

  • What is bookkeeping?

  • Financial statements

  • Your own business forms

Chapter 6: Money Matters

  • How much will starting your business cost?

  • How much will your business cost to operate?

  • Preparing financial statements

  • How do you know if you're making money?

  • Working should not cost you money!

  • How do you know if your prices are right?

  • Calculating your costs and how much to charge for services

  • Where do you get the money to start?

  • What happens when you do a lot of business and your company grows?

  • What do you do if you need financing?

  • When should you borrow money?

Chapter 7: Prepare a Good Plan of Action - The Business Plan

  • Why a plan?

  • How do you prepare your business plan?

  • How much time do you have on your hands now?

  • How much money are you going to make?

Chapter 8: How to Sell Your Products

  • Your Sales Plan

  • Having a good product

  • Making your product easily available

  • Making the transaction possible

  • The marketing process
  • Who are your customers?

  • The competition

  • Marketing strategies

  • How do you get to know your customers?

  • Customer information gathering

  • The marketing plan

  • Market surveys

  • Advertising

  • Networking and word of mouth

  • Participating to trade shows and exhibitions
  • Getting your first customer

Chapter 9: Your Corporate Image

  • What is a corporate image?

  • Do you need a corporate image?

  • Professionalism, reliability and credibility

  • Professional behavior and business etiquette

  • Your corporate material

  • Organizing your work space

Chapter 10: Managing Your Time

  • Establishing priorities

  • Finding out how your time is used and how to become more productive

  • Procrastination

  • Perfectionism

  • Controlling interruptions

Chapter 11: Motivation and Support

  • Will you always feel like taking care of your business?

  • Is being in business always easy?

  • Do you need a mentor?

  • Professional associations

  • Your well-being

Chapter 12: Getting Recognized

  • Why do you need visibility?

  • Where do you get visibility?

  • Building credibility

  • Should you become a member of associations?

  • Beware of scams and bullies...

Chapter 13: Growth of the Business

  • Will your business grow?

  • What is growth and what does it mean for your business?

  • Growing pains: the most common mistakes to avoid

  • What is ISO 9000?

Chapter 14: Taking Advantage of New Technology

  • Efficiency

  • Technology needs assessment

Chapter 15: Internet as a Tool for Your Business

  • The potential of the Internet for your business

  • Using the Internet for your business

  • Plan for the Internet evolution of your business

Chapter 16: Where Will You Go From Here?

Available formats for this book

Links

Index

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