Thinking of Starting a Business? What you really need to know 04/03/2020

Venue:
The Hatch Lab, M11 Business Campus, Knockmullen, Gorey
 
Date:
04/03/2020
 
Time:
09:30 - 17:30
 
Category:
Workshop
 

This programme is designed for those who are in the early stages of considering whether to take the plunge in self-employment. It is a first step for those considering starting their own business.

This event is no longer available
 

Thinking of Starting a Business?  What you really need to know:

This programme is designed for those who are in the early stages of considering whether to take the plunge in self-employment.  It is a first step for those considering starting their own business.  It ensures that participants are fully aware of key tasks, issues and steps involved in starting a business.  It gives the tools that they can make an informed decision as to whether they wish to pursue self-employment.

This is a basic informational day which includes information on how to estimate the start-up cost of their business, coping with the transition from working full-time to owning their own business, financial impact on personal/family life, how to manage fallout if not successful, social welfare restrictions/supports and other financial supports for those starting a business.

Content:

The programme will deal with these issues and any other that arise during the programme.

  • Entrepreneurship – what is it?
  • What does being an entrepreneur mean to you and your family?  Can you hack working for yourself?
  • Money, you cannot lose sight of the fact that you are in business to make money
  • How will you make money?  What will you be selling and to whom?  Can you sell it and make money with it?
  • How are you going to look after the red tape, can you minimise red tape?
  • The legal issues invoiced in getting started
  • Tax and responsibilities
  • Insurance
  • Doing the admin
  • Selling, and getting money for the work
  • Planning and self-motivation through targets.  Who can help you starting up?  How will you fund this idea?
  • Government supports
  • Other supports
  • What is the worst thing that can happen and what happens if it does?

At the end of this module participants will have a better understanding of:

  • What being in business for themselves entails
  • How to begin building a realistic plan for themselves as well as their business
  • The supports that exist for micro entrepreneurs

Trainer:
Christine O'Brien, TalentPool 

(Lunch will be provided)