Small Business Management

  1. Business Idea Development and Feasibility Analysis
    1. Generating Business Ideas
      1. Sources of New Ideas
        1. Personal Experience and Skills
          1. Market Research
            1. Customer Feedback
            2. Creativity and Innovation Techniques
              1. Brainstorming
                1. Mind Mapping
                  1. SCAMPER Method
                    1. Design Thinking
                  2. Initial Idea Screening
                    1. Personal Assessment of Skills and Interests
                      1. Strengths and Weaknesses Analysis
                        1. Alignment with Personal Goals
                        2. Quick Feasibility Check
                          1. Market Demand Assessment
                            1. Resource Availability
                              1. Competitive Landscape
                            2. Conducting a Formal Feasibility Analysis
                              1. Product or Service Feasibility
                                1. Product and Service Definition
                                  1. Unique Selling Proposition
                                    1. Prototype Development
                                    2. Industry and Market Feasibility
                                      1. Industry Size and Growth
                                        1. Market Segmentation
                                          1. Customer Profile
                                            1. Barriers to Entry
                                            2. Organizational Feasibility
                                              1. Founding Team Capabilities
                                                1. Resource Requirements
                                                2. Financial Feasibility
                                                  1. Startup Cost Estimation
                                                    1. Revenue Projections
                                                      1. Break-Even Analysis
                                                        1. Funding Requirements

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                                                    1. Foundations of Small Business and Entrepreneurship

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                                                    3. Business Plan Development