Pastry Entrepreneur

It’s a Wrap….

Legal & Ethics –BE AWARE

• Law’s and Regulations: Even small businesses must follow state and federal labor laws. • Safety Issues: Managers need to know

all Safety issues in order to be compliant• Legal Liability: Liability insurance is

essential• Image Problems: When employees act

unethically, you can damage your business

Data Record Security/Protection

• Securely keeping data safe is IMPORTANT• Credit Card information from Customers can be stolen by employees or vendors and need to be secured• Securing Employee information is IMPORTANT for their safety/identity

Applying Technology to Business needs

Times are changing, we need to keep up with the times: • Ipads for Cashiers/and Credit Card

Readers • Software specific for Scheduling,• Company Websites/Social

websites/blogs• Order Entry Touch Screens (POS touch)• Kitchen Display Screens• Hand Held Inventory Devices• Coaster Pages• Ambiance Creation Technology: Indoor

temperature, Lighting, music

SO…do you still want to be an Entrepreneur?

What? How?

• Put yourself out there! Rent a booth at a farmers Market, Etsy, Craigslist and start creating. Get in the kitchen and create for every event you are invited to!

• Be yourself.• Reach out for support.• Speak on behalf of your Business –you are your best salesperson!

• Start a blog.

Get Funding?!• The federal government does not provide grants

to private individuals to start for-profit businesses.

However, there are a few creative ways to receive funding:

• Grants: State, Private, Corporate, Capital, Cooperative.

• Loan Financing

• Angel Investors (Family or Friends-beg, borrow or steal-(well maybe not

steal))

• Go Fund Me – Crowd funding website

• Indiegogo – The worlds largest funding platform.

• Kickstarter –The worlds largest funding for creative projects!

Small Business Resources• Austin Chamber of Commerce

www.austinchamber.com • The State of Texas www.Texas.gov (“small

business” –search• Small Business Administration

http://www.sba.gov/ • SCORE Mentoring and Education

http://www.score.org/ • B.I.G. Austin (Business Growth Investment)

http://bigaustin.org/ education and loans• The Incubation Station

www.theincubationstation.com Austin based mentoring program

Leadership

• Rarely can entrepreneurs make a company

succeed by themselves. Leadership is the

process through which an entrepreneur is able

to influence employees to achieve their

objectives of their dream.

• To be an effective leader, one must:

– Build trust and confidence among employees

– Communicate effectively with them.

In Conclusion, 6 Steps to become an Entrepreneur

1. Self-Motivation & Planning

2. Creativity

3. People Skills

4. Time Management

5. Sales & Marketing

6. Leadership & Finance