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Sneak Preview: Start Your First Business

Written by Yuth Thongcharoen, PhD | Jan 22, 2024 6:34:15 AM

Many people dream of launching their own small business. Maybe you have a great new idea to meet an unmet demand in the market. Perhaps you want to turn a personal passion into a business. You might desire to be your own boss and create your own success.

Ready to make your dreams a reality? AIHM Executive Education invites you register for the two-day ‘Start Your First Business’ course. In just one weekend, we’ll cover the essentials of breaking into the start-up world and turning your dream into a success story.

Discover AIHM’s ‘Start Your First Business’ Short Course

Benefit from a crash-course in starting your own business. You need a great idea for a product or service. You need to understand your target market, the competition and your business’s competitive advantage. You also need to evaluate the variety of legal and financial options for your start-up. Receive expert guidance in thinking through all the crucial factors and creating a business proposal backed by research and strategic planning.

As with every AIHM Executive Education class, this course is focused on real results. By the end of the weekend, you’ll have concrete tools and plans in hand. Learn more about this course in Q&A with your AIHM Expert, Yuth Thongcharoen.

What topics will the course cover?

Learn the key aspects you need to consider when developing a plan to launch your first business. We’ll cover things like establishing your mission and vision, defining your target market, product and brand differentiation, completing a SWOT analysis, and finding your competitive advantage.

Every new business needs a business proposal. You’ll create an outline for your proposal so you can demonstrate the strengths of your idea to financial partners. Whether you’re seeking initial capital and other forms of equity investment or you plan to be self-funded, a business proposal is a critical tool for success.

We’ll also dedicate time to self-reflection. New business founders need to understand their own strengths and weakness to determine what requires further development or expert assistance.

Who will benefit most from this course?

  • Potential first-time business founders or shareholders with an entrepreneurial spirit and a willingness to learn
  • Those with innovations or ideas that fill a market demand but who require more instruction in order to develop their concept into a viable start-up business
  • Investors who have access to sources of capital and would like to build the ability to recognise and advise the potential start-ups with which they would like to collaborate

Whether you’re creating a totally new business, acquiring an existing business or launching a franchise venue, you’ll learn the most important things you need to consider and the steps to creating a proposal for a profitable and rewarding business venture.

What might surprise those who attend this course?

Three things come to mind. These are the things that many aspiring business owners find surprising:

  1. Everyone has business ideas, but most of these ideas never come to fruition because of an inability to develop the business proposal or a fear of failure. We’ll dive into the most crucial steps for moving from the initial idea stage to an effective plan for actually opening and growing your business.
  2. Failure is almost an essential part of the learning process. We’ll discuss how you can turn small failures into big successes.
  3. Not everyone invests their own money to start their first business. We’ll look at the best options for your particular business.

Register Today

Join the next session of the ‘Start Your First Business’ course. Register now.