14: Fundamentals of Resource Planning
- Page ID
- 158356
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\(\newcommand{\avec}{\mathbf a}\) \(\newcommand{\bvec}{\mathbf b}\) \(\newcommand{\cvec}{\mathbf c}\) \(\newcommand{\dvec}{\mathbf d}\) \(\newcommand{\dtil}{\widetilde{\mathbf d}}\) \(\newcommand{\evec}{\mathbf e}\) \(\newcommand{\fvec}{\mathbf f}\) \(\newcommand{\nvec}{\mathbf n}\) \(\newcommand{\pvec}{\mathbf p}\) \(\newcommand{\qvec}{\mathbf q}\) \(\newcommand{\svec}{\mathbf s}\) \(\newcommand{\tvec}{\mathbf t}\) \(\newcommand{\uvec}{\mathbf u}\) \(\newcommand{\vvec}{\mathbf v}\) \(\newcommand{\wvec}{\mathbf w}\) \(\newcommand{\xvec}{\mathbf x}\) \(\newcommand{\yvec}{\mathbf y}\) \(\newcommand{\zvec}{\mathbf z}\) \(\newcommand{\rvec}{\mathbf r}\) \(\newcommand{\mvec}{\mathbf m}\) \(\newcommand{\zerovec}{\mathbf 0}\) \(\newcommand{\onevec}{\mathbf 1}\) \(\newcommand{\real}{\mathbb R}\) \(\newcommand{\twovec}[2]{\left[\begin{array}{r}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\ctwovec}[2]{\left[\begin{array}{c}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\threevec}[3]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\cthreevec}[3]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\fourvec}[4]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\cfourvec}[4]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\fivevec}[5]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\cfivevec}[5]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\mattwo}[4]{\left[\begin{array}{rr}#1 \amp #2 \\ #3 \amp #4 \\ \end{array}\right]}\) \(\newcommand{\laspan}[1]{\text{Span}\{#1\}}\) \(\newcommand{\bcal}{\cal B}\) \(\newcommand{\ccal}{\cal C}\) \(\newcommand{\scal}{\cal S}\) \(\newcommand{\wcal}{\cal W}\) \(\newcommand{\ecal}{\cal E}\) \(\newcommand{\coords}[2]{\left\{#1\right\}_{#2}}\) \(\newcommand{\gray}[1]{\color{gray}{#1}}\) \(\newcommand{\lgray}[1]{\color{lightgray}{#1}}\) \(\newcommand{\rank}{\operatorname{rank}}\) \(\newcommand{\row}{\text{Row}}\) \(\newcommand{\col}{\text{Col}}\) \(\renewcommand{\row}{\text{Row}}\) \(\newcommand{\nul}{\text{Nul}}\) \(\newcommand{\var}{\text{Var}}\) \(\newcommand{\corr}{\text{corr}}\) \(\newcommand{\len}[1]{\left|#1\right|}\) \(\newcommand{\bbar}{\overline{\bvec}}\) \(\newcommand{\bhat}{\widehat{\bvec}}\) \(\newcommand{\bperp}{\bvec^\perp}\) \(\newcommand{\xhat}{\widehat{\xvec}}\) \(\newcommand{\vhat}{\widehat{\vvec}}\) \(\newcommand{\uhat}{\widehat{\uvec}}\) \(\newcommand{\what}{\widehat{\wvec}}\) \(\newcommand{\Sighat}{\widehat{\Sigma}}\) \(\newcommand{\lt}{<}\) \(\newcommand{\gt}{>}\) \(\newcommand{\amp}{&}\) \(\definecolor{fillinmathshade}{gray}{0.9}\)- 14.1: Prelude to Fundamentals of Resource Planning
- This page details New Story, a social enterprise founded by Brett Hagler that tackles homelessness through a crowdfunding model for building affordable homes. They collaborate with local organizations and gained recognition via Y Combinator, launching significant campaigns like "100 Homes in 100 Days" in Haiti. The use of 3-D printing technology has sped up their efforts, enabling the construction of homes in just twelve hours at low costs.
- 14.2: Types of Resources
- This page highlights the critical resources needed for entrepreneurial ventures, including tangible assets like facilities and technology, as well as intangible resources such as intellectual property. It emphasizes the importance of researching these needs thoroughly, understanding funding options like savings, loans, and crowdfunding, and adhering to legal requirements.
- 14.3: Using the PEST Framework to Assess Resource Needs
- This page explores the importance of leveraging technology and social media in entrepreneurship to reach target customers and streamline operations. It discusses the PEST framework for evaluating influential factors on resource needs and making informed decisions. Additionally, it emphasizes the creation of a brand through platforms like Facebook, managing finances with software like QuickBooks, and understanding startup costs to aid effective planning and budgeting for business success.
- 14.4: Managing Resources over the Venture Life Cycle
- This page discusses the significance of resource dependence theory in business growth and highlights the ongoing evaluation of resource needs throughout a business's lifecycle, including startup, growth, maturity, and decline. It emphasizes the importance of human resources and outlines essential hiring steps, including background checks and creating an employee handbook.
- 14.5: Key Terms
- This page explores essential concepts in entrepreneurship and business operations, covering advisory boards, copyright, decision trees, and economic influences. It details funding sources, human resources, and independent contractors, while also addressing tangible and intangible resources, outsourcing, and pre-launch costs.
- 14.6: Summary
- This page emphasizes the importance of resources for venture success, highlighting both tangible and intangible assets. Entrepreneurs must protect their innovations and explore diverse funding options. The PEST framework aids in recognizing external influences on resource requirements, while effective resource management throughout a business's life cycle is essential.
- 14.7: Suggested Resources
- This page summarizes essential resources for businesses, covering funding platforms like Kickstarter and Indiegogo, regulatory bodies such as the SEC and SBA, and industry associations. It highlights the PEST framework for assessing resource needs and the importance of managing resources throughout the venture life cycle.
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