Venue:
Wexford County Council, Carrickilawn, Wexford
Category:
Management Development
A 7 week course for early stage and scaling businesses with global ambition. Starting on 14/09/2022.
For early stage and scaling businesses with Global Ambition
What is this course and who is it suitable for?
This course is suitable for companies or promoters who;
- Have a product or service that is capable of being exported
- Are interested in going through an intensive process to validate themselves and their business
- Want to get their business onto the right footing or further developed to scale
- Are interested in attracting investment
- Are interested in going through a project focused process in order to enhance their business opportunity
- Promoters that have ambitious projects/products
NOTE:
- Business owners or founders will need to attend. It is not suitable for non-key personnel
- Ideally the business/company will already be trading or formed and seeking to start a period of rapid expansion. However, experienced promoters with early stage ideas can also be considered.
COURSE OUTLINE
- Validating the promoter
- Validating the business opportunity
- Business models and building a Business Plan
- Sales and routes to market
- Finance and investment principles
- How to build your product
- How to market the product/ service
- Final pitch to an experienced business panel
Application Process:
- Read the eligibility criteria above
- Register your interest in the course
- Final acceptance onto the course may require you being successful in an interview.
SESSION 1: Setting the Scene - Seamus Murphy
- Introductions and house keeping
- Elevator Pitch Preparation- assignment
- Identifying your skills gap and goal setting
- Entrepreneurial Self-Assessment
- Understanding the power of a network
- Intro to the pitch ‘teaser document’
- Guest speaker.
SESSION 2: Vision, Mission and Values - getting the foundations right.
- Creating a Shared Vision for your business
- Mission statement and the importance of values
- Business structures and legal obligations
- SWOT Analysis
- IP, copyright and licences
- Business Plan preparation and key elements
- Effective communications-pitching
- Teaser document recap
- Guest speaker
SESSION 3: Accounting for Growth:
- Building a financial picture of your business
- Projecting profit and cash flows
- Break-even point and pricing
- Set-up costs, variable and fixed costs
- Investment requirements and bank requirements
- Building the financial model – draft 1. Begin the process of getting the financial prepared
- Guest speaker
This session will be followed, over the following 2 weeks, by one-to-one mentoring for all participants on the finance topic.
SESSION 4: Building the model to Scale:
- Promoter Validation
- Concept Validation
- Market Validation
- Value Proposition
- Business Model Canvas
- Growing customers and customer retention
- Guest speaker
SESSION 5 - Understanding your marketplace.
- Business model canvas
- Problem Statement Canvas
- Gathering the intelligence you need to scale
- Market Discovery
- Developing customer Personas
- Customer discovery
- Qualifying and quantifying your market
- Guest speaker
SESSION 6: Sales and Marketing:
- Tools of the digital marketing professional
- Target market analysis
- Social Media and its uses
- Paid owned and earned content
- Google ad words, remarketing, video
- Marketing – key message
- Prepare a digital marketing strategy assignment
- Supports
- Guest speaker.
SESSION 7: Business Plan Review and pre-Pitch Session:
- Business plan review
- Financial health check in detail
- Preparing a winning Pitch- slide deck guidance
- Cap table/valuation of business
- Guest speaker
SESSION 8: Sharing your story
Pitch your business to a guest panel of high net worth individuals, angel investors, equity and/or debt funders.
Trainer:
Seamus Murphy
Gateway Consulting
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