Welcome to MAU Talks! On this occasion, we have the pleasure of introducing Jimmy Pinto, who will speak to us about the importance of organizing your company for success with a good business plan. As entrepreneurs, we know that the entrepreneurship path is not easy and involves many risks and uncertainties.
Therefore, it is essential to have a well-defined business plan, which describes in detail the business project that one wants to develop, including operational, financial, marketing, and necessary skills aspects. Join us in this session to learn more about how to ensure security in your business and achieve your goals efficiently and sustainably.
Professor Jimmy Pinto has been Head of Department for the School of Business and Administration at Millennia Atlantic University for 5 years. He also teaches college Marketing courses as well as the final course for Business students where they prepare a Business Plan using the knowledge gained during their degree. Before joining MAU, Professor Pinto taught classes for different universities and colleges focusing on management, marketing, international trade, and entrepreneurship. He has been an advisor to the Florida Foreign Trade Association in promoting international trade development and worked for the Small Business Development Center advising entrepreneurs seeking to create their own businesses.
Organizing your business for success with a good Business Plan
Today, we are going to talk about a very important topic for all entrepreneurs: business security. We know that the path of entrepreneurship is not easy and involves many risks and uncertainties. That is why it is essential to organize and plan properly to avoid unexpected situations that can endanger our business.
First, it is important to define what it means to be an entrepreneur: someone who creates a business facing risks and uncertainties for the growth of their company and recognition of job opportunities. But to achieve this, one has to work hard and be aware that it is not just about owning a business to work less. In reality, entrepreneurs have to work many hours to make their businesses thrive.
Unfortunately, many small businesses do not survive due to a lack of business knowledge and industry experience. Inexperience and lack of skills to handle difficult situations are also important factors that lead to the failure of many companies.
To avoid these situations, it is essential to have a well-defined business plan that describes in detail the business project that you want to develop, including operational, financial, marketing, and necessary skills aspects. This plan must be constantly reviewed and updated to adapt to market changes and new opportunities.
In addition, it is important to understand that a business plan is not just a set of questions answered statically. Rather, it is a guide that allows you to maintain a clear perspective of where you want to go and how you are going to get there. It also helps entrepreneurs to obtain financing and investors by presenting a clear vision of their business and objectives.
Ultimately, to achieve success in the business world, it is essential to organize and plan properly. You have to work hard and be aware that it is not just about having a great idea, but knowing how to carry it out efficiently and sustainably. While the path may be difficult, business security is essential to achieving our goals and reaching success.
Check out the event page: MAU Talks: Organizing Your Company for Success with a Good Business Plan