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Start Your Own Business (6 x 3hr online sessions)

Venue:
Webinar via Zoom
 
Date:
10/09/2020
 
Note:
6 consequitive Thursdays: 10, 17, 24 September, 1, 8, 15 October
 
Time:
6.30pm - 9.30pm (break included)
 
Category:
Start Your Own Business
 

Have you got a business idea & thinking of starting a business? This webinar will help you assess the viability of that idea and understand the essential elements required to start & run your own business.

€30
Booked Out
 
 

Course Outline:-

Session 1

Introduce participants to the concept of entrepreneurship and what it means to be a business owner including the ups and downs and how to deal with both.    

  • Entrepreneurship – What is it?
  • Personal Skills Analysis
  • Personal Goals (particularly financial)
  • Golden Figure (creating personal wealth) 
  • Reasons for starting a business
  • Reasons for small business success and failure
  • Understanding how to develop an idea to make Money 
  • Steps to starting a business 

Session 2

Show participants the formal vehicles to use to conduct business, particularly the new companies acts and legislation; the session also introduces the self-assessment taxation system, the responsibilities to the revenue of the self-employed and protecting the business idea online.  

  • Guide to legal structures 
  • Registering a business name
  • Registering a domain name
  • Introduction to Tax 

Session 3

Introduce the reasons for and benefits of planning, as well as the methods of creating a realistic plan and how to use it as a tool for creating and managing success.  

  • Why develop a business plan?
  • Main elements of a business plan
  • Setting Goals and objectives/ Strategic Planning
  • Reviewing the business plan
  • Year one Cash Flow Forecast 

Session 4

Get a solid professional grounding in the principles of marketing leading up to developing a marketing plan  

  • Introduction to marketing
  • The 4P's, Product, Price, Place & Promotion
  • Market environment
  • Market size and trends
  • Product / service and comparison   
  • Identifying and meeting customer needs
  • Developing a marketing plan
  • Promotion for the start-up
  • Market Research Methods
  • Price in the context of marketing
  • Promotion
  • Developing a market strategy 

Session 5

Get informed about the routes to finance available in current times and to establish the methods of costing and other basic tools to ensure profitability

  • Introduction to small business finance
  • Sources of funding
  • Drawings and personal budget
  • Business Costs
  • Pricing
  • Break Even Analysis
  • Accounting options & MIS systems 

Session 6

Find out about the importance of good financial management which ranges from basic bookkeeping to creation of internal controls and revenue commissioner ready accounts, as well as how why and when to register for appropriate taxes. 

  • Books of prime entry
  • Top tips to make bookkeeping stressless
  • Profit and loss account creation
  • Balance Sheet creation  
  • Taxes: the principle of self assessment, ROS, returns and thresholds, Self Assessment, Income Tax, VAT, Employers taxes    
  • How Books relate to tax  
  • How to set up and use the revenue online system to your benefit       

 

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