17th April 2015

Launch and Training Session - Business Plan

WHAT YOU WILL BE LEARNING

Innovation &Enterprise

Generate Earth-Friendly

Business Ideas

Leadership & Team SpiritDevelop a

Viable Business Plan

Hands-OnLearning

Experience

Things to do: Submit a Business Proposal

BUSINESS DESCRIPTIONAllow reader to understand business thoroughly

ENVIRONMENTALLY-FRIENDLY ELEMENT

How does it help to save the environment?

MARKETINGHow to make people buy your things?

BASIC ACCOUNTINGKeep a record of how much you hope to earn

and how much you will be spending.

HOW TO BE SHORTLISTED?

Criteria WeightageBusiness Description 20%Environmentally Friendly Element 40% Marketing 30%Accounting 10%Total 100%

AWARDS & PRIZES TO BE WON!Awards PrizeThe Most Earth Friendly Enterprise $300

The 2nd Most Earth Friendly Enterprise $200

The 3rd Most Earth Friendly Enterprise $100

The Most Creative and Innovative $100

The Most Attractive Display (SG50 Theme) $100

The Most Engaging Earth Friendly Sales Presentation $100 The Social Media Darling Award $100

* For each day! :D

IMPORTANT DATES TO REMEMBER!

27April

15May

4-5July

Submission of Business Proposal

40 FinalistsShortlisted

Finals @Changi City

Point

What makes a Company ‘Green’?

Environmentally FriendlySustainable Business Practices

Reduce, Reuse, Recycle

Examples of Green Companies

Innovative concept to power car by both petrol and battery powered engine.

Toyota also made use of the assisted battery engine to significantly decrease fuel consumption .

TOYOTA

THE BODY SHOP

REDUCECO2 emissions by 50%

Electricity consumption by 50%Waste output by 50%

Domestic water consumption by 25%

Use natural ingredients for their productsProduct bottles made from 100% post consumer recycled plastics.

1. How badly do you want to WIN?2. Are you mentally prepared to OWN

this business?

Ask yourself these questions:

Is it addressing a need? The Business IdeaIs it new ordifferent?

Can it be done?

• Examples- Pencil case- Home Decorations

• For more ideas, visit:http://www.nybc2015.com/http://www.instructables.com/http://www.youtube.com/

The Business Idea

A Winning Business Plan

WHOWHATWHENWHERE

WHYHOW

• Business is a TEAM Sport• Nominate a Leader• Set a Common Goal

Phase 1: Starting Point

1. What is your Business?2. Why did you choose this

Business?3. What are your Strengths and

Weaknesses?4. Include drawings or pictures5. Handcrafted products will be

preferred

Phase 2: Business Description

1. How is your business eco-friendly? 3Rs?

Phase 3: Eco-Friendly Element

Reduce?

Recycle?Reuse?

2. How can your customers benefit from your product?

Phase 3: Eco-Friendly Element

Phase 4: Marketing

• Guerilla Marketing– Minimum Costs, Maximum Exposure

Phase 4: Marketing

Phase 5: FinancialsBasic Accounting– Profit and Loss Statement

Start up Costs– Cost required to set up the Business

Examples– Materials– Decorations– Transportations– Storage

Cost of Goods Sold (COGS)– Costs required to create the goods to be sold

Phase 5: FinancialsItem Amount

Total Sales 1000

Less: Cost of Goods Sold 500

Gross Profit (a) ?

Less: Expenses

1. Stationery 100

2. Marketing Materials 100

Total Expenses (b) 200

Net Profit (a) – (b) ?

Phase 5: FinancialsItem Amount

Total Sales 1000

Less: Cost of Goods Sold 500

Gross Profit (a) 500

Less: Expenses

1. Stationery 100

2. Marketing Materials 100

Total Expenses (b) 200

Net Profit (a) – (b) 300

1. Go to

2. Click on “NYBC 2015 Competition Details”3. Download the Business Plan Template4. Submit your plans to np.nybc@gmail.com5. Deadline: Monday, 27th April 2015

Submission Details

http://www.nybc2015.com/

Things to be included when submitting:1. Name of School2. Name, Email address and Contact Number of Teacher

In-charge3. Group Name4. Student Names (6 Maximum) 5. Email address and Contact Number of Student Leader

Submission Details

• A Winning Plan Should Be:– Concise (Maximum 4 Pages)– Informative & Comprehensive– Include pictures/drawings– Neat and Easy to Read

Requirements

Criteria WeightageBusiness Description 20%Environmentally Friendly Element 40% Marketing 30%Accounting 10%Total 100%

THANK YOU.