In-Class Accomplishment: Who Am I?
I I I S l< l l l · B U I L D I N G E X E R C I S E 4 - 2 I I I
Career Planning
Preparation (Individual and Group)
Answering the following questions will help you develop a career plan. Use additional paper if needed. Do not reveal anything about yourself that you prefer not to share with classmates during the in-class exercise.
Step 1: Self-Assessment
a. List two or three statements that answer the question, "Who am I?"
I am a strong-minded woman who is not afraid of learning new things in this stage of my life. I am a leader and am always looking for a new and better way to make my life and job easier. I pride myself in my work and my schooling which I take very serious. I am also a giving person who will always step up to help out others – I enjoy my work and will add a little humor when possible.
b. Think about two or three of your major accomplishments. (They can be in school, work, sports, hobbies, etc.) List the skills it took to achieve each accomplishment. …show more content…
One of my major accomplishments in life is returning to school at the age of 52 and maintaining my GPA in the A range.
It took a lot of adjustments in my life to get to class every day for almost 18 months with no breaks. I changed my lifestyle to get to this point; I will be graduating with 2 degrees and numerous certificates by the end of the summer semester this year. During this time I also owned and managed a bar and grill. I bought the place and was able to turn it into a successful and profitable business that allowed me to seek out my goals in school. The marketing and sales skills that I acquired throughout my life played a major role in turning a failing business into a successful and profitable
business.
c. Identify skills and abilities you already possess that you can use in your career (for example, planning, organizing, communicating, and leading).
Throughout the years I have learned the importance of be an organized person – Organization is must in my life. The ability to stay focused on the task I have on hand works hand and hand with being organized. Planning ahead works well with being organized with starting and completing projects that I have done with my business. I am a very strong leader – I will work with all my employees to ensure that things are done the way I want them done to keep me organized and successful.
Step 2: Career Preferences and Exploration
a. What type of industry would you like to work in.
My plans are to open a business that will offer payroll and bookkeeping services to the smaller businesses. I want to be able offer affordable services that will be helpful in the day to day businesses on a daily or weekly basis. I feel that this will enable smaller businesses to focus on running their operations by freeing up the accounting end of the business.
b. What type and size of organization do you want to work for?
I want to work for myself with a small staff and maybe in the future have the opton to offer CPA services to usinesses and individuals.
Describe the perfect job.
I want a successful business with 4-5 employees that has the highest quality of bookkeeping services for the smaller businesses. That will expand as the market does in our area. I want a reputation of quality honesty and fair pricing that will attract other cliental. I would like to expand into the tax services and have a CPA on staff as well within five years.
What type of job(s) do you want during your career?
I want to be a business owner as well as an employee. I want to offer bookkeeping, payroll, CPA and tax services to other businesses.
Step 3: Set career goals What are your short-range goals for the first year after graduation?
I want to have a business open and operating in the poisitive. I plan on starting the research for opening a new business in the next 3-4 months and locating a place to office the business. I will also begin the process of recruiting employees in August this year. What are your intermediate objectives for the second through fifth years after graduating? I would like to expand my business to include a CPA along with preparing income tax returns for individuals. I have hopes to open up at least three more offices; with one of them opening in the third year and the other 2 by the end of the fifth year.
What are your long term objectives?
My plan is to retire and let the business be ran by my son and daughter in law by the end of the seventh year.
Step 4: Develop a Plan
Use the following form to develop an action plan to help you achieve your objectives.
Career Plan
Objective Open Business
Starting date March 2015Due date October 2015
Steps (what, where, how, resources, etc.-subobjectives)
When
Start
End
1. Develop a plan to open a business offering bookkeeping services and payroll (including tax deposits and filing of Federal Forms)
a. Do a business study to see if the market is right for a bookkeeping/payroll service company
Contact business owners to see if they are interested in the services we would offer
Use the information provided by the Business and Industry Data Center Program (BIDC) for economic data in our area. It provides new businesses with access to Census Bureau data, education and products in addition to statistical resources.
Also try government-sponsored Small Business Development Centers, which assist entrepreneurs and small-business owners to gather data on businesses in our area.
2. Check out local competitors
Check out their websites and/or call the business and ask to speak with the owner.
Find similar businesses for sale and contact them – Tell them you may be interested in buying – Ask why they are selling – Ask about the finances
3. Research locations to either purchase or lease in the local area. Use realty services if needed. 4. Graduate college with a degree in Accounting and Business Management
5. Start marketing business and advertising.
Advertising in the local newspaper – radio
Mail out company information to businesses within a 75 mile radius
Meet with perspective clients, explain business procedures and what we can do for them and the cost. Sign contracts with new clients.
6. Hire qualified employees
Post at local colleges, College Central and local newspaper for
Interview perspective employees
Hire and train (as needed) for employment
7. Expected business income for the first year $100,000
8. Business Income of $250,000 by the end of the third year
March 2015
June 2015
June 2015
July 2015
January 2012
August 2015
September 2015 October 2015 September 2015
September 2015
September 2015
August 2015
October 2015
October 2015
October 2016
October 2019
Career Planning
Preparation (Individual and Group)
Answering the following questions will help you develop a career plan. Use additional paper if needed. Do not reveal anything about yourself that you prefer not to share with classmates during the in-class exercise.
Step 1: Self-Assessment
a. List two or three statements that answer the question, "Who am I?"
I am a strong-minded woman who is not afraid of learning new things in this stage of my life. I am a leader and am always looking for a new and better way to make my life and job easier. I pride myself in my work and my schooling which I take very serious. I am also a giving person who will always step up to help out others – I enjoy my work and will add a little humor when possible.
b. Think about two or three of your major accomplishments. (They can be in school, work, sports, hobbies, etc.) List the skills it took to achieve each accomplishment. …show more content…
One of my major accomplishments in life is returning to school at the age of 52 and maintaining my GPA in the A range.
It took a lot of adjustments in my life to get to class every day for almost 18 months with no breaks. I changed my lifestyle to get to this point; I will be graduating with 2 degrees and numerous certificates by the end of the summer semester this year. During this time I also owned and managed a bar and grill. I bought the place and was able to turn it into a successful and profitable business that allowed me to seek out my goals in school. The marketing and sales skills that I acquired throughout my life played a major role in turning a failing business into a successful and profitable
business.
c. Identify skills and abilities you already possess that you can use in your career (for example, planning, organizing, communicating, and leading).
Throughout the years I have learned the importance of be an organized person – Organization is must in my life. The ability to stay focused on the task I have on hand works hand and hand with being organized. Planning ahead works well with being organized with starting and completing projects that I have done with my business. I am a very strong leader – I will work with all my employees to ensure that things are done the way I want them done to keep me organized and successful.
Step 2: Career Preferences and Exploration
a. What type of industry would you like to work in.
My plans are to open a business that will offer payroll and bookkeeping services to the smaller businesses. I want to be able offer affordable services that will be helpful in the day to day businesses on a daily or weekly basis. I feel that this will enable smaller businesses to focus on running their operations by freeing up the accounting end of the business.
b. What type and size of organization do you want to work for?
I want to work for myself with a small staff and maybe in the future have the opton to offer CPA services to usinesses and individuals.
Describe the perfect job.
I want a successful business with 4-5 employees that has the highest quality of bookkeeping services for the smaller businesses. That will expand as the market does in our area. I want a reputation of quality honesty and fair pricing that will attract other cliental. I would like to expand into the tax services and have a CPA on staff as well within five years.
What type of job(s) do you want during your career?
I want to be a business owner as well as an employee. I want to offer bookkeeping, payroll, CPA and tax services to other businesses.
Step 3: Set career goals What are your short-range goals for the first year after graduation?
I want to have a business open and operating in the poisitive. I plan on starting the research for opening a new business in the next 3-4 months and locating a place to office the business. I will also begin the process of recruiting employees in August this year. What are your intermediate objectives for the second through fifth years after graduating? I would like to expand my business to include a CPA along with preparing income tax returns for individuals. I have hopes to open up at least three more offices; with one of them opening in the third year and the other 2 by the end of the fifth year.
What are your long term objectives?
My plan is to retire and let the business be ran by my son and daughter in law by the end of the seventh year.
Step 4: Develop a Plan
Use the following form to develop an action plan to help you achieve your objectives.
Career Plan
Objective Open Business
Starting date March 2015Due date October 2015
Steps (what, where, how, resources, etc.-subobjectives)
When
Start
End
1. Develop a plan to open a business offering bookkeeping services and payroll (including tax deposits and filing of Federal Forms)
a. Do a business study to see if the market is right for a bookkeeping/payroll service company
Contact business owners to see if they are interested in the services we would offer
Use the information provided by the Business and Industry Data Center Program (BIDC) for economic data in our area. It provides new businesses with access to Census Bureau data, education and products in addition to statistical resources.
Also try government-sponsored Small Business Development Centers, which assist entrepreneurs and small-business owners to gather data on businesses in our area.
2. Check out local competitors
Check out their websites and/or call the business and ask to speak with the owner.
Find similar businesses for sale and contact them – Tell them you may be interested in buying – Ask why they are selling – Ask about the finances
3. Research locations to either purchase or lease in the local area. Use realty services if needed. 4. Graduate college with a degree in Accounting and Business Management
5. Start marketing business and advertising.
Advertising in the local newspaper – radio
Mail out company information to businesses within a 75 mile radius
Meet with perspective clients, explain business procedures and what we can do for them and the cost. Sign contracts with new clients.
6. Hire qualified employees
Post at local colleges, College Central and local newspaper for
Interview perspective employees
Hire and train (as needed) for employment
7. Expected business income for the first year $100,000
8. Business Income of $250,000 by the end of the third year
March 2015
June 2015
June 2015
July 2015
January 2012
August 2015
September 2015 October 2015 September 2015
September 2015
September 2015
August 2015
October 2015
October 2015
October 2016
October 2019