Date : 30 January 2026
Generate Business Ideas
Helps learners to be creative
Mind Mapping- Taking steps to start a business
Scamper techniques-(Substitude, Combine, Adapt, Modify, Put to another use, Eliminate, Reverse
Problem Solving-Used to improve the existing product or service
To start a business has to start by thinking about loss for few month

2. Common problems and Solutions
   Problems for a car wash are: Lack of Water and Electricity Outage
   Solution are: JoJo Tanks and Solar Panels
   Trend Spotting: Researching about business
   Disadvantages of delivery in Diepsloot( hijacking and poor roads)
   Solutions: Put time for delivery at least from 9am to 6pm to allow time for first orders next day
   Digital Marketing-Away of marketing through social media
   Evaluating Business Ideas: Substance-Long term or Short term
     Profit-Can it make money
     Visibility-Can it be easily found
   Conducting a visibility study-Research if it will work or not
   Operation-Can you deliver
   Finance- How much capital do I need?
   For an example capital R50000 and to run R150 000
   You think fast when you have less money
   Legal and environment issues
   Issues that can affect “Fast Food” can be pollution
3. Business Plan Component
   Invest and Partners
   Day to Day running business
   Cash Flow-A way of receiving money and using it immediately
   Profitability Project-Break down everything
4. Develop vision, mission and objectives-Personal Motivation

Meeting Adjourned: 13:05

Minutes prepared by:
Manoko Irene Ditsoabane