The webinar tackles creating business ideas. Of  course, if you are starting a business, you need to know what products or services you want to provide. Next, knowing your target customers who will buy your product. Third is how will you sell your product, is it retail or wholesale? Fourth, ask yourself which needs of the customer will your products or services satisfy? Lastly, why will they buy from you and not from others especially if you will provide products or services that are almost similar with other businesses.  Remember to have a source of ideas when starting a business. Business ideas could be from your skills, experiences and interests that you can use to provide goods and services. You can also find ideas in media, institutions or industries, people’s skills and abilities, import substitutions and waste products. Additionally, it is necessary for you to do SWOT analysis. Upon recognizing the business’ strengths, weaknesses, opportunities and threats, you can produce solutions and improve your firm. This analysis is important in making your decision along with the business ideas. You can manage your business well if you can segment your local business area, consider computing materials and supplies expenses, analyze your ideas, and redirect your business towards success. 

         

          Being able to attend and participate in this webinar for free is such a big opportunity, however, since it’s live there are some connectivity issues I got troubled with. Due to this, I feel it was incomplete even though it was full of information. That’s why I asked for some clarifications and questions during the Q & A. On the other hand, this webinar contributed a lot of information to my prior knowledge. Whenever I sent the short evaluation provided, I felt fulfilled because I was able to remember and gain that knowledge for a short period of time. I can use this information to share it to anyone who’s been curious about how to start a business, steps to make in running a business, considerations and business ideas needed, and analyzing and tracking your business attainment. Because of the certificate provided at the end of the webinar, I can use it for my job applications to be able to convince HR managers that I’m informed with such topics and willing to learn more about the job offer.