Round Table

1.  Business idea

   a.      Identify preferred business idea

   b.      Determine practicality of idea

   c.   Explore how the business might operate

2. Review yourself

   a. Qualities

   b. Skills

3. Identify tools requirement

   a.    Personal computer

   b.    Printer

   c.    Modem

   d.    Software

   e.    Others appropriate to business idea

4. Identify services required

   a.     Buying products

   b.    Web host provider and domain name reseller

   c.     Online charges

   d.     Taxation requirements

   e.     Other operating costs associated with your idea

5. Build a cost plan

   a.     Operating costs

   b.     Product/services pricing

   c.     Determine starting capital

6. Finance set-up

   a.     Open bank account

   b.     Open credit card account

   c.     Open PayPal or similar account

   d.     Obtain starting capital

   d.     Transfer starting capital to bank account

7. Web Site

   a.     Select domain name

   b.     Build web site

   c.     Procure web hosting domain name reseller services

   d.     Publish & test site

   e.     Add products to site

   f.      Promote site

8. Document the business

   a.     Cash flow

   b.     Products/services

   c.     Product sales

   d.     Customer records

   e.     Web site details

   f.      Contacts

   g.     Activity schedule

   h.     Time record

9. Market the business

   a.     Submit to search engines

   b.     Classified ads sites

   c.     Traditional advertising media

   d.     Anyone who will listen

10. Develop your business

a.     Monitor business activity

b.     Refine web site

c.     Add to product list

d.     Continuous marketing activities

             i.      Search engines

            ii.      Email

           iii.      Classified ad sites

e.     Look for new opportunities

f.      Develop your skills

g.     Refine your working methods