Career Transition Partnership
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Business Start-Up Workshop

The aim of this workshop is help participants assess whether it is right for them, and to equip them to construct a viable business plan and to succeed in their chosen business or self employment opportunity.

Objectives

After completing this workshop, participants will be able to:

  • Demonstrate a clear understanding of the market in which they intend to operate
  • Construct a sales and marketing plan
  • Understand the different types of business and the associated Legal implications
  • Understand their position in respect of personal taxation, National Insurance and VAT
  • Plan, measure and monitor cashflows
  • Keep proper business records
  • Recognise sources of finance
  • Know where to look for help
  • Construct a business plan

Topics to be Covered

  • Defining your business
  • Marketing - analysis of market research and market planning
  • Selling services and products
  • Types of business
  • Sole trader
  • Limited company
  • Partnerships
  • Premises
  • Time management
  • Monitoring progress
  • Cash flow projections
  • Profit and loss forecasts
  • Keeping records
  • Taxation
  • Personal taxation
  • VAT 
  • Employing other people
  • Financing a business
  • Sources of finance
  • Securing finance
  • Risk assessment
  • Getting help - Lawyers, accountants and banks
  • Other sources of help
  • Factors for success
  • Developing and implementing a business plan