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Professional Practice (Strategic Issues (Strategic Objectives (detail…
Professional Practice
Strategic Issues
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Plans and Strategies
Identification of objectives, indicators and targets that allow to evaluate the results
Marketing Issues
Market study
The market study consists of a business initiative in order to get an idea about the commercial viability of an economic activity
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Cost leadership: based on reducing costs to the maximum with the aim of being able to offer a product at the lowest possible price
Mixed strategy: it must meet three characteristics "price, quality and breadth of range".
Differentiation: based on creating a differentiating element of the product, which is perceived and appreciated by the final consumer, for which he will be willing to pay a higher price.
Legal Issues
Entrepreneurs are subject to certain legal obligations regarding training,
Legal Procedures -MEDUCA
authorize its opening and operation, by issuing an Operating License.
The boom that the country is experiencing and the strong increase in school demand related to the migratory waves of foreigners have even led several centers in other countries to set their sights on Panama.
Other Legal Procedures
Registration: You will need to register your school as a company before the state entities responsible for the subject
Habilitation: the public body, such as the Ministry of Education, according to the country, will give you the qualification for your school to work with all of the law
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Financial affairs
It's how to use your money wisely. Understand the way it works and the most appropriate way you can extract it, the biggest benefit
investments
An investment project is a proposal of technical-financial and commercial action to solve a need of the organization with the resources available and with the objective of generating benefits.
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Budgeting
calculation and early negotiation of the income and expenses of an economic activity, be it personal, family, business or public
Business plan
is a written document that basically includes the objectives of your company, the strategies to get them, the organizational structure, the amount of investment you need to fund your project and solutions to solve future problems (both internal and the environment).