Scribd Logo
Upload

Welcome to Scribd!

  • 192 views

    Lecture 1 - Introduction To Technopreneurship

    Uploaded by

    jezra amanda laigo
    This document contains notes from a lecture on technopreneurship and small businesses. It discusses the definition of small businesses as privately owned companies with a small number of employees and low sales volumes. It also defines microbusinesses, very small businesses, and sole proprietorships. The notes outline some strengths of small businesses like low start-up costs and independence, but also weaknesses such as undercapitalization, insurance costs, taxes, and competition from larger businesses. It asks if students have any questions at the end.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd

    Lecture 1 - Introduction To Technopreneurship

    Uploaded by

    jezra amanda laigo
    192 views26 pages
    This document contains notes from a lecture on technopreneurship and small businesses. It discusses the definition of small businesses as privately owned companies with a small number of employees and low sales volumes. It also defines microbusinesses, very small businesses, and sole proprietorships. The notes outline some strengths of small businesses like low start-up costs and independence, but also weaknesses such as undercapitalization, insurance costs, taxes, and competition from larger businesses. It asks if students have any questions at the end.

    Original Title

    Lecture 1 - Introduction to Technopreneurship

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains notes from a lecture on technopreneurship and small businesses. It discusses the definition of small businesses as privately owned companies with a small number of employees and low sales volumes. It also defines microbusinesses, very small businesses, and sole proprietorships. The notes outline some strengths of small businesses like low start-up costs and independence, but also weaknesses such as undercapitalization, insurance costs, taxes, and competition from larger businesses. It asks if students have any questions at the end.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    192 views26 pages

    Lecture 1 - Introduction To Technopreneurship

    Uploaded by

    jezra amanda laigo
    This document contains notes from a lecture on technopreneurship and small businesses. It discusses the definition of small businesses as privately owned companies with a small number of employees and low sales volumes. It also defines microbusinesses, very small businesses, and sole proprietorships. The notes outline some strengths of small businesses like low start-up costs and independence, but also weaknesses such as undercapitalization, insurance costs, taxes, and competition from larger businesses. It asks if students have any questions at the end.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    You are on page 1of 26

    COMP 315 TECHNOPRENEURSHIP

    Mr. Alvin R. Malicdem Instructor

    HOW GREAT WE ARE?

    BEE4613 Technopreneurship

    Are they any business opportunities from this scenery?

    BEE4613 Technopreneurship

    How many business should be established to have all this stuffs inside your kitchen?

    BEE4613 Technopreneurship

    How about this messy room?

    BEE4613 Technopreneurship

    How about communication industry?

    BEE4613 Technopreneurship

    How about airlines industry?

    BEE4613 Technopreneurship

    WHY WE NEED AN ENTREPRENEUR?

    Identify how many of


    Business items (we have to pay). Non-business items (free of charge) Inside this lecture room???

    BEE4613 Technopreneurship

    Percentage???

    % = Business items non-business items x 100% Business items

    Wha Ca Yo S e Lo kin Beo d? t n u e, o g y n

    BEE4613 Technopreneurship

    SMALL BUSINESS

    is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales.(Wikipedia) Generally, it has insufficient resources to dominate its field of business.(F. Fajardo) Small businesses are normally privately owned corporations, partnerships, or sole proprietorships

    SMALL BUSINESS

    Corporation - a company recognized by law as a single body with its own powers and liabilities, separate from those of the individual members. Partnership - a company set up by two or more people who put money into the business and share the financial risks and profits. Sole proprietorship - a business owned by one person.

    SMALL BUSINESS

    The legal definition of "small" varies by country and by industry In US, fewer than 500 employees for manufacturing businesses and less than $7 million for non manufacturing. In EUROPE, has under 50 employees In AUSTRALIA, fewer than 15 employees Small businesses are usually not dominant in their field of operation.

    SMALL BUSINESS

    Small businesses are common in many countries, depending on the economic system in operation
    Convenience Bakeries Hairdressers

    stores

    SMALLEST BUSINESS
    often located in private homes, are called microbusinesses (term used by international organizations such as the World Bank and the International Finance Corporation) common colloquial expression for a singlefamily operated business with few (or no) employees other than the owners

    SMALLEST BUSINESS
    American and European under 10 employees the term Very Small Business is now being used to refer to businesses that are the smallest of the smallest, such as those operated completely by one person or by 1-3 employees.

    STRENGTHS OF SMALL BUSINESS


    can be started at a very low cost and on a part-time basis well suited to internet marketing because it can easily serve specialized niches proprietors tend to be intimate with their customers and clients which results in greater accountability and maturity.

    STRENGTHS OF SMALL BUSINESS


    Independence is another advantage of owning a small business. One survey of small business owners showed that 38% of those who left their jobs at other companies said their main reason for leaving was that they wanted to be their own bosses. Freedom to operate independently is a reward for small business owners

    STRENGTHS OF SMALL BUSINESS

    However, entrepreneurs have to work very long hours and understand that ultimately their customers are their bosses

    WEAKNESS OF SMALL BUSINESS


    Small businesses often face a variety of problems related to their size A frequent cause of bankruptcy is undercapitalization In the United States, some of the largest concerns of small business owners are insurance costs (such as liability and health), rising energy costs and taxes.

    WEAKNESS OF SMALL BUSINESS


    small business owners tend to be more concerned with excessive governmental red tape Another problem for many small businesses is termed the 'Entrepreneurial Myth' or EMyth. The mythic assumption is that an expert in a given technical field will also be expert at running that kind of business

    WEAKNESS OF SMALL BUSINESS

    Still another problem for many small businesses is the capacity of much larger businesses to influence or sometimes determine their chances for success.

    End of Lecture. Any questions?

    You might also like