Introduction to Starting Your Own Business

This 3 hour, online,  Introductory SYOB intensive programme, offers business start-up guidance and support to enable 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. Aimed at entrepreneurs with an ambition to establish a competitive well managed sustainable business. This short intensive boot-camp is designed to introduce potential entrepreneurs to the concepts associated with running a small 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.

Workshop Overview

• The Entrepreneurial Rollercoaster (Multimedia)
• Secrets of small business success (and failure)
• What’s the idea and what inspired it?
• Introduction to the Business Plan
• Marketing
• Routes to Market – options & advantages
• Sample Business Models (with examples from Irish SMEs & HPSUs)
• Financial Planning
• Legal Issues
• The Business Plan
• Financial Supports
• Next Steps for you
• Financial Supports
• Training Supports
• Mentoring / Funding Options

Learning Outcomes / Deliverables

On completion of this workshop, participants will have:

• A clear understanding of the boot-camp methodology
• Reviewed the rules of business
• An understanding of what a comprehensive Feasibility study entails.
• Insights in terms of Business Strategy
• Understand the competition and its impact on the business
• Gained an understanding of entrepreneurial traits
• Reviewed the Business Plan
• A great appreciation of why some businesses succeed while other fail.
• An insight into the tools required to undertake market research
• Understand how a business makes the journey from pre-startup business concept to established business and the Enterprise Agency supports that apply