Enter PPT ch-1-3
Enter PPT ch-1-3
Development
Chapter 5: Marketing
Nature of Entrepreneurship
Chapter Objectives
Strategy Skills
Planning Skills
Marketing Skills
Financial Skills
Communication Skills
Leadership Skills
Motivation Skills
Delegation Skills
Negotiation Skills
Owning Organizations
Application of Expertise
Provision of leadership
Business Planning
Chapter Objectives
Preliminary Investigation
Review available business plans (if any).
Draw key business assumptions on which the
plans will be based (e.g. inflation, exchange rates,
market growth, competitive pressures, etc.).
Scan the external and internal environment to
assess the strengths, weakness, opportunities and
threats.
Seek professional advice from a a person who is
already into similar business (if any).
Business Formation
Chapter Objectives