Workshop: Entrepreneurship Vs Buying a Business (ETA)

This workshop aim to highlight the different pathways between Traditional Entrepreneurship Vs Entrepreneurship Through Acquisition (ETA).
About this Event

Summary:

Singapore employment market has been in a upheavel since the onset of COVID19. There has been a series of retrenchment due to artificial intelligence (AI), employers’ offshoring, change in consumer behaviour and industries going obsolete. In the present market, there are many employees or in-between job seekers who considering alternatives.

In this workshop, we aim to illustrate the alternative pathways for individuals to consider.

Workshop: Traditional Entrepreneurship vs Entrepreneurship Through Acquisition (ETA)

Date and time: 27th November, 1pm to 5pm (Friday)

Venue: 79 Ayer Rajah Crescent, #01-13 JTC LaunchPad @ one-north, Singapore 139955 (ACE.SG Ideation Centre)

Cost: SGD $45 per ticket

Topics covered includes:

1.⁠ ⁠Pros and Cons of Acquiring a Business, compared to starting your own business.

2.⁠ ⁠Right mindset and expectation for both options

3.⁠ ⁠Timeline and Process for ETA

4.⁠ ⁠Common mistakes made in the acquisition of a business

5.⁠ ⁠Who should not acquire a business

6.⁠ ⁠How will AI impact small business owners

7.⁠ ⁠What is the ROI and math behind the acquisition of a small business

There are 3 speakers, including
Host - Macgyver Ng (Founder of Fey Day)
1st Guest Speaker - Paddy Tan (Managing Partner for Blackstorm Consulting)
2nd Guest Speaker - Lucien Ong (CEO at Enduring Ventures)

Agenda
Start vs. Buy Comparison: The trade-offs, risk and capital requirement
Mindset & Expectation Setting: The psychological shift required
The ETA Process & Roadmap
Common Acquisition Pitfalls
Who Should Not Buy a Business
The AI Imperative for SMEs
The ROI & Math Behind Small Business Acquisition