The idea of owning running a business is exciting and can be very rewarding. However, becoming a successful business owner can also be very challenging. It requires the right mindset, perspective, attitude, traits & know-how. Our Free Business Training is designed to give you an insight into what it means to own a business and provide you with the basics to get you started off on the path to success. This compact but complete 10 session program will cover topics from accessing if business ownership is the right path for you, planning, opening your business to growing and expanding.

1. Welcome
To Our
Free Business Training Webinar
Business Location
2/15/2013 Free Online Business Training - Week Six – Business Location 1
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

2. T
r
Training Overview
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i Topics
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Is Business Ownership For you?
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Writing Your Business Plan
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g
Business Organization
Business Registration, Licenses, Permits, Insurance
O Business Finances & Financing
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e
Business Location
r Tools, Technology & Equipment
v Staffing
i Marketing & Opening
e Growing & Expanding
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2/15/2013 Free Online Business Training - Week Six – Business Location 2
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

3. W
e Business Location
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k The 4th P In The Mix
S Distribution Channels
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Selection Criteria
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Cyber Spaces
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o Leasing & Contracts
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i What To Do / What Not To Do
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s
2/15/2013 Free Online Business Training - Week Six – Business Location 3
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

4. T
The 4th P In The Mix
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e
Marketing Mix - Product, Price, Promotion, and Place
4
t
h Must be in line with marketing strategy
P Must be consistent with your image
I
n Must be affordable
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h
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M
i 2/15/2013 Free Online Business Training - Week Six – Business Location 4
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

5. C Distribution Channels
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a Direct to consumer – more expense but direct feedback
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Sell Retailers – less logistics, one step removed from consumer
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s Sell to wholesalers/manufacturers – more sales volume, loss of brand
2/15/2013 Free Online Business Training - Week Six – Business Location 5
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

6. S
Selection Criteria
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l
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Not universal
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t Some questions to ask:
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oZoning
o
oDemographics
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oTraffic
C
oCompetitors
r oParking
i oPublic transportation
t oRoom for expansion
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r
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a 2/15/2013 Free Online Business Training - Week Six – Business Location 6
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

7. C Cyber Spaces
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b Usually cost less that brick and mortar
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r
Also need to be aligned with marketing strategy
S
p Can be a secondary or complementary location
a
c
e
s
2/15/2013 Free Online Business Training - Week Six – Business Location 7
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

8. L Leases & Contracts
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a
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Rent will probably going to be one of your largest monthly overhead
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s Leasing terms and contract can make or break your business
& Fair, not low rent
C Flexible terms to allow for growth or downsizing if necessary
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n Ask for professional advice
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r
a
c
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s 2/15/2013 Free Online Business Training - Week Six – Business Location 8
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

9. D What To Do / What Not To Do
o
s
Do Don’t
a don’t forget to align with your budget
make sure the location is in line with
n
your marketing plan focus on rent alone
d
walk the area and talk to others go online if your customer are not there
D make sure your specific needs be hasty
o will be met rely on realtors or landlords for advice
n consider room for expansion
’ seek legal advice before you sign a
t lease
s
2/15/2013 Free Online Business Training - Week Six – Business Location 9
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com

10. E
n
d
Thank you
o
f
Next Week
W
e Tools, Technology & Equipment
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k
T
Have a great weekend!
h
r Visit our blog for online tools and resources
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e
www.baanabaana.com
2/15/2013 Free Online Business Training - Week Six – Business Location 10
www.baanabaana.com | Facebook.com/Baanabaana | @Baanabaana | info@baanabaana.com