E-TUTORIAL 4

MPU2222
ENTREPRENEURSHIP 1

19.06.2021 9:00pm-10:00pm
Agenda
1.Topic 4 – Ventures Environment Assessment

2.Topic 6 – Starting a New Entrepreneurial Ventures

Presenter :ROSLAN PAREMEN

 MPU2222 ENTREPRENEURSHIP 1

e-Tutorial Schedule
E-Tutorial 1 29.05.2021 9:00pm-10:00pm Done
E-Tutorial 2 05.06.2012 9:00pm-10:00pm Done
E-Tutorial 3 12.06.2021 9:00pm-10:00pm
Done
E-Tutorial 4 19.06.2021 9:00pm-10:00pm
E-Tutorial 5 26.06.2021 9:00pm-10:00pm
E-Tutorial 6 03.07.2021 9:00pm-10:00pm
E-Tutorial 7 10.07.2021 9:00pm-10:00pm
E-Tutorial 8 17.07.2021 9:00pm-10:00pm
 MPU2222 ENTREPRENEURSHIP 1

e-Tutorial Agenda
No of e-Tutorial Chapter Discussion
E-Tutorial 1 Introduction
Assignment Preparation – Task 1
Chapter 3
E-Tutorial 2 Assignment Preparation – Task 2
Chapter 5
E-Tutorial 3 Chapter 1 & 2
E-Tutorial 4 Chapter 4 & 6
E-Tutorial 5 Chapter 7 & 8
E-Tutorial 6 Chapter 9
E-Tutorial 7 Chapter 10
E-Tutorial 8 Summary & Final Examination Discussion
TOPIC 4 –Ventures Environment Assessment

Learning Outcomes
• 1.Identify two components of ventures
environment.
• 2.Describe four elements of macro and micro
environment and six elements of micro
environment.
• 3.Explain three elements of organization's
internal environment.
• 4.Explain a business opportunity.
• 5.Evaluate a business opportunity.
LO-1 1.Identify two components of ventures environment
1.External Environment
• Macro Environment
• Political & Legislation.
• Economy.
• Socio –Cultural.
• Technology.
2.Micro Environment
• Customer.
• Competitors.
• Suppliers.
• Financial Institution
• Non-Government Organization.
• Government Agency.
Elements of macro environment
3.Internal Environment.

3 ELEMENT ORGANISATION’S INTERNAL ENVIRONMENT

Finance,Human Resource,Tangible & Intangible

RESOURCES Assets

Organizational Structure
STRUCTURE
Culture & Values
CULTURE
Business Evaluation/Opportunity

Discuss how these elements affect the Business

Organization
Topic 6. Starting a New Entrepreneurial Venture
 1.Learning
Outcomes
1.State the three forms of business.
2.Explain the three phases in the start-up.
3.Explain the seven steps and process in the buying of
existing business ventures .
4.Examine the franchise structure, its advantages and
disadvantages.
5.Discuss the legal structure for new ventures.
6.Identify six sources of capital for entrepreneur .
 1.State the three forms of business

Start-up

Buying an
Ventures Existing
Business

Franchising
 Start-up

A start-up company is the

company recently formed.
It is a process where the
entrepreneur creates a
completely new business
starting from scratch
 2.Explain the three phases in the start-up

Phases in Start-up
Pre-Start-up Phases
It starts with an idea inception and ends when the doors are ready and
open for business.

Start-up Phases
It began with introduction or sales activities and ends with the
establishment of a concrete business.

Post start-up Phases

It ends when the venture is terminated ,close or the entrepreneur has
no control over the surviving business entity .
 Buying an Existing
Business

Buying an existing buisness is

buying or acquiring either the
share of an existing company
or all of the assets of an
existing company or business.
3.Explain the seven steps and process in the buying of existing business ventures

Steps and Process in buying an Existing

business
1.Personal Priority
2.Business Opportunity
3.Reviewing Potential Target
4.Arrangement For Financing

5.Conduct Due Deligence

6.The Formal Agreemet
7.Ready For Business
4.Examine the franchise structure, its advantages
and disadvantages.

Franchising

A franchise is any agreement

in which the owner of a
trademark,trade name,or
copyright has licensed
others to use it and sell its
goods or services.
 5.Discuss the legal structure for new ventures

Sole Corporation
Partnership
Proprietorship
 6.Identify six sources of capital for entrepreneur

Personal Family & Retirement

Funds Friends Account

Bank/Financia Government
Stock Market
Institution Loan