production company/ Microbusiness Training Centre

I put this on my personal blog www.badcb.blogspot.com.

Feb. 17 Production Company: I was doing research for my production company to submit my form to the Microbusiness Training Centre and I found this video on ehow.com:

http://www.ehow.com/video_4988857_start-production-company.html

Here's how to make a production company:

Pick a name
Go to City Hall and fill out a business license.

Sole proprietorship (means only you work there.)
Partnership (working with one or more people). Get their names, and Social Security numbers.
Corporation: Group of people, you have networth and assets.

Next step is to write a fictitious business statement. Make an official announcement of your company.

Register your company's domain name on the internet. You may not want a website right now, but it would be smart to register it in case later on in the future you will use it.

Get an attorney.

Microbusiness Training Centre: Today I got a letter in the mail, and I've been rejected from the self-employment training program. Which is totally okay. I learned a lot from that 2hr session there. I did the module and it was very interesting because the questions are personal/ behavioral. It was like taking those quizzes in those teen magazines. lol.

They asked really good questions about you and your company. If you want to start up your own business, I highly recommend you go to the Microbusiness Training Centre.

Module A: Who are you? Self-assessment, creativity, time management. What are your goals?

Module B: About business plan components.

1. Define your company.
2. Defining products and services.
3. Market research.
4. Target market.
5. Competition analysis.
6. Marketing plan.
7. Operations plan.
8. Financial plan- income, expenses, corporate tax to pay.
9. Risk analysis.

Module C: Learn to sell.

Broken leg theory: This is about what if you broke your leg, what happens to your business? Good question, good theory.

Outcome: A written business plan.

They provide you monthly group network sessions, individual coaching, outcome.

Eligibility: You are eligible to get in the training program if you are 18 yrs old. You are employed but wanting to leave your job (requires govt. authorized counseled to leave for you to collect EI.) You can be secondary EI, like you gotten EI in the past 3 yrs.