Course 2 - Organization

Course 2 focuses on helping a group to think about, write down, and plan the process of organizing a business. The organizers of a business need to have a clear idea of who their clients will be, what resources or materials they will need to begin the business, the costs of these resources or materials, and what type of administration they will have and where the business will be located.

During this course the presentation and explanation of the "Wheel of an Entrepreneur" and "Wheel of Administration" is used to show how to organize relevant information before starting a new business.

Click here to see an illistration of the "Wheel of an Entrepreneur" and "Wheel of Administration".

The Wheel of an Entrepreneur

The Wheel of an Entrepreneur organizes information in the
following way:

Product - The good or service that a company sells. (It is important that a company has a product that clients want.)

Clients - The people who buy and use the good or service.

Capital - The knowledge, money, tools, and equipment used to initiate and make the good or to provide the service.

Raw Material - The materials used in the fabrication of the product.

Associates/Employees - The people that work in a business, exchanging their abilities, time, and energy for money.

Place - The location in which a business makes and/or sells its product.

Expenses - All the costs involved in maintaining a business.

The Wheel of Administration

The Wheel of Administration takes the category of associates / employees from the Wheel of an Entrepreneur above and helps to organize the information on who will be the management of the company and what exactly will be their responsibilities:

General Manager - The person in charge of the day-to-day running of the company. Over sees all aspects of the business.

Finance Manager - In charge of maintaining accounting records and banking records.

Marketing Manager - In charge of the sales, promotion and new market development.

Human Resources Manager - In charge of employee performance and records.

Production Manager - In charge of production process, schedule, quality and raw materials inventory.

Associates/Employees - The responsibilities and characteristics of those who work for the company.

Note: A group may use other names for the management of their company than those listed above. For example they may choose to use the terms: President, Vice-president, Treasure, Secretary, Vocal I, Vocal II or some other type of titles.