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By |
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Eileen, Eric, I-Yin, Mathew |
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Introduction |
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SME Online Implementation |
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Statistics |
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Case Studies |
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Conclusion |
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Definition of SME |
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Facts about SME and Internet |
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How to launch an SME (brick and mortar)? |
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Study done by CFIB: |
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In the 2nd quarter of 2000, 69% of
9246 Canadian SMEs use Internet |
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Firm = e-Business |
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a web site that can buy or sell online |
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Five steps to formulate a business plan: |
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(Strategic Guide for Canadian Entrepreneurs by
IBM) |
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Evaluate risks and rewards |
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Cons:
Financing, stress, government bureaucracy, learning curve, risk,
cash flow, no medical / benefits |
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Pros:
your own boss, flexible hours, self-gratification, independent,
greater earning potential |
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Determine your skills |
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Confident, resilience, self-starter, accept
risks, isolation |
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Five steps to formulate a business plan (cont.): |
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Assess feasibility |
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Analyze industry, industry support groups,
training sources |
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Develop plan |
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Why a plan?
Funding, formalize plan, discover flaws, improve strategy, focus
business goal, increase success rate |
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Content:
Concept / background, market analysis, strategy, HR issues,
financial projections |
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The Toronto Board of Trade |
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http://www.bot.com |
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City of Guelph:
Small business assistance |
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http://www.city.guelph.on.ca |
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Industry Canada: Small Business Support Organizations |
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http://strategis.ic.gc.ca/SSG/mi03932e.html |
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Industry Canada: How to prepare a business plan? |
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http://strategis.ic.gc.ca/SSG/mi02687e.html |
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Canada:
British Columbia: Business
Service Center: Business Planning |
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http://www.sb.gov.bc.ca/smallbus/workshop/whyplan.html |
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Canada:
British Columbia: Business
Service Center: Financing |
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http://www.sb.gov.bc.ca/smallbus/workshop/finance.html |
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Directory of Financing Providers |
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http://strategis.ic.gc.ca/SSG/so00584e.html |
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Sources of Assistance |
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http://strategis.ic.gc.ca/SSG/sc01562e.html |
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Venture-Capital Funding (List of companies) |
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http://www.cvca.ca/full_members/index.html |
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Canadian Bankers Association: Financing a small business |
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http://strategis.ic.gc.ca/SSG/mi01111e_pr201.sgml |
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To help your business grow and expand: |
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Ongoing Analysis: |
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Revise business strategy, and financing |
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Keep up-to-date with industry trend |
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Notes