Week 6

Business Start up - Week 2
Business Plan, Business Structures, Key Assets

Monday
Business Plan discussion

• Review notes from Friday
• Interview & Discussion
• Make a list of questions that you have regarding the information that you gathered
  on Friday regarding business idea, role and success.
• Find the appropriate person and ask your questions
• Activity: Ranking business ideas. Select your Top Five Business Ideas.

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Homework

Business Plan - read

• http://www.startupnation.com/pages/start/Step3_p3.asp
• http://www.startupnation.com/pages/articles/SectionsofaBusinessPlanPersonnel.asp
• http://www.startupnation.com/pages/articles/small-business-outsourcing.asp (Good for analysis assistance.)

Business Structures - read

• Read links: http://www.startupnation.com/pages/start/Step4.asp
• http://www.korealaw.com/content/infocus/content.asp?id=65
• Added advice from Dukhee Park , Judge, Gwangju District Court
  http://cnuell5.blogspot.com/2007/04/business-structures-dukhee-park.html

Writing Assignment

• Share a cautionary tale of a small proprietorship in South Korea. (Business Structure readings should help you brainstorm some ideas for this.)
• Post online.
  http://cnuell5.blogspot.com/2007/04/south-korean-small-corporation.html
• Limit: 100 words.
• Use APA citation style to identify your sources.
  http://owl.english.purdue.edu/owl/resource/560/01/

Think

• Analyze & assess information gathered in Monday’s class. (Review “Defining Dozen” questions and your written notes from Friday on who our customer is/what need can we fill.)
• Select the top two business ideas that you feel are achievable during our semester.

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Wednesday
Business Plan discussion

• Review notes from Monday
• Share & explain Top Two ideas (Impromptu speeches – clarity & conciseness)
• Activity: Sieving for Consensus
• Decide on a business idea.

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Homework

• Key Assets – watch & read
  http://www.startupnation.com/pages/start/Step5.asp
• Review your Life Plan
• Analyze & assess your life plan after Monday and Wednesday’s in class discussions.
• Synthesize your Life Plan and our Class Business Idea.
• Write Coverletter. (First Draft)
  http://jobstar.org/tools/resume/cletters.php
• Make your own business cards using MS Word.
  http://www.ehow.com/how_4954_make-business-cards.html

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• Friday
• Key Assets: Networking Happy Hour
  Please dress professionally.
  We will have a “party” atmosphere where you will be expected to join and “mix.”
  You need to meet everyone at the Happy Hour, give and collect business cards, introduce and “market” yourself to each other as potential employers.

• In Week 7 (Biz Start Up Wk 3) you will exchange emails with each other giving advice to others about the best role/job/position they should hold in our company.