Entrepreneurial training
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Without exception, the way we conduct business is rapidly changing for everyone, and the current economic environment particularly impacts those challenged with a physical or mental impairment.
Social distancing and socio-economic developments have pushed our service industry to their limits, requiring an unprecedented integration of technology and business acumen to remain solvent. It has also challenged supporting government agencies to continue services within the same limitations.
Emerging entrepreneurs with disabilities must engage alternative aspects that will allow them to compete and perform as entrepreneurs in a rapidly changing business environment.
The overall goal is to introduce vendors to the basics of starting and operating a business based on level of experience using a virtual learning platform to be determined based on the Client’s technology needs and comfort level.
Objectives to meet the Need
WRPD understands how the changing virtual world impacts the needs of individuals with disabilities, particularly those who experience impairment to their sight. We will leverage this knowledge to develop learning experiences that will engage this type of learner and their learning style.
Our proposed objectives to meet these needs are divided into several phases focused on building on the business foundation vendors have achieved or building a new knowledge base for novice entrepreneurs. This will enable present/future vendors to not only better serve their customers, but to better compete and contribute to the revenue growth and economic health of their community.
Phase 1: Develop a roadmap for the minimum required level of performance and/or interest for entrepreneurs looking to achieve success.
Phase 2: Develop an assessment to determine the current level of performance for individual entrepreneurs. This will determine the training entry level for that individual, reduce redundancy, and save costs.
Phase 3: Develop detailed requirements based on the assessments, identifying the gaps in knowledge and performance in consideration of a novice entrepreneurial training program.
Phase 4: Evaluate and recommend virtual training delivery platforms and technical specifications, including assistive technology devices and applications to support learners.
Phase 5: Design, Develop, and deliver virtual training to prepare entrepreneurs responsible for their business operations. Clients will learn to:
- Use their computer, phone, and other assistive devices to listen and speak with the instructor within a virtual learning environment.
- Provide additional support as needed.
- Clarify their vision of business success and how to get from idea to reality.
- Create a basic business and budget plan to help them understand and develop good business practices based on their customer demographics, business location, and competition, as well as to understand business risks.
- Name and register their business as an LLC within the state where the business will reside and create an EIN using established legal and regulatory resources, and how to pay their taxes.
- Manage their business activities and costs, including personnel management, accounting, purchasing, sales, marketing, and reporting.
- Manage their credit, cash flow, and banking statements, as well as a profit and loss ledger.
- Conduct and communicate as business leaders to retain personnel and customers, including how to write, implement, and maintain best workplace procedures and practice guides.
- Use Social media and the Internet to promote their business.
Use professional associations and support groups to further their professional growth and network.
Initiating a business while tedious and cumbersome provides a level of self-worth and independence that encourage individuals to strive for excellence. In the disabled community we must believe that this achievement is obtainable regardless of impairment.
The future of upcoming disabled entrepreneurs depends on the legacy we develop. WRPD is willing and able to assist with the development of emerging and present entrepreneurs during the new world order. It is imperative that we assist with the education and training of clients with disabilities to become successful business owners in the 21st century.