Create a Google Drive document to keep detailed notes on the information you find throughout the project. You will also need a record of all the interesting resources consulted, the steps followed and any other further information you find interesting.
Consider what talents and interests you have and what business you would like to create. (If you are doing this project in a group, make a list of all the options considered)
Brainstorm and do some research on businesses of the same kind.
You can use mind map makers online such as bubbl.us or www.canva.com
Remember keeping a record.
At this step you might want to answer questions like:
- Is my product already in the market?
- Where can I find this product?
- Is it successful? Why?/Why not?
Decide which of the former ideas you are going to develop for your project.
To help you decide, you can read about entrepreneurship on specialized magazines such as,
Or find out how some organizations can help you, as for example in Europe,
Once you have decided on what kind of business you want to do your project about, it's time to get into detail.
Where will it be located? Research the area and find information for businesses looking to locate there and demographic data, or anything you think is of interest for your business' success.
If your business is going to be online based, research online consumers and policies to open up a business.
Here are some webpages with which you can start:
Remember keeping a record of all your findings.
Use what you have learned in this International Commerce cycle to design a business and marketing plan.
Your business plan should explain:
- Who you are and why you are in business.
- What you do and how you do it.
- Where you operate.
- How you will generate profits.
- Who your target customers are.
- Why your business is important.
Your marketing plan should consider all or some of the following: Community involvement, Customer support, Distribution, Market research, Media planning, Product pricing, Public relations, Sales strategy, and Advertising.
Some help on how to write a business and marketing plan can be found in https://learn.sba.gov/learning-center-plan/learning-center-how-to-write-a-business-plan
Once you have a comprehensive and effective business and marketing plan is time to prepare your presentation.
Imagine you're preparing the presentation to persuade investors to invest in your idea. Be creative and do a professional presentation.
You can use Power Point, Google Presentation, Genialy, etc
Give your presentation in front of the class.