Note:
Attendance at four mornings required
Time:
10.00am to 1pm on Tuesday 14th, Thursday 16th, Tuesday 21st and Thursday 23rd July
Category:
Start Your Own Business
This course will be deliverd remotely by Zoom and runs over four mornings : Tuesday 14th, Thursday 16th, Tuesday 21st & Thursday 23rd July. from 10am to 1pm.
The course will offer business start-up guidance and support to enable the participants to acquire the skills, knowledge and confidence to decide if they are suited to self-employment and learn what is involved in running their own business. Attendees will also gain an understanding of how to assess if their idea will work and develop skills on how to write a business/action plan
This event is no longer available
Topics Covered
Self-Employment
- Self assessment – what it means to be self-employed?
- Basic understanding of the rules of self-employed?
- Legal obligations of the self-employed
- Understand the demand of running your own business
- The importance of Time Management when Self Employed
- Understanding Financial Business Models and the supports available to people starting up a new business
Running Your Own Business
- What it means to be your own boss?
- Creating your Vision, defining goals, actions and results
- Developing an organisational culture that innovates
- Being a team leader
Idea Generation
- Scanning the internal and external environment i.e. PESTLE and SWOT analysis etc.
- Evaluating solutions to identified problems
- Recognizing an opportunity
- Learning from success and failure
Market Research
- Market research and what it means for your business
- How to conduct market Research effectively
- Overview of Market Research tools
- Competitor analysis using the SWOT analysis
- Customer Profiling
Costing and Pricing, Cashflow
- Personal Budget
- Costs Elements
- Gross Profit and Nett Profit
- Mark-up and Margin
- Breakeven
- Pricing Policies
- Cashflow Projections
How To Write A Business Plan
- What is a Business Plan?
- Why it is important?
- Components of the Business Plan
- How to complete the Business Plan
- Business Plan template
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