Pre Start Your Own Business



PARTICIPANT PROFILE:

All potential members of the public who have intentions on setting up in business

COURSE AIMS:

This course is designed to offer business start-up guidance and support to enable the participants to acquire the skills, knowledge and confidence to progress their business idea.

COURSE OUTLINE:

DAY 1

Self-Employment

What does it mean to be self-employed?

Legal obligations

Idea Generation

How to create a winning business idea

Analysing the environment

Market Research

What is it?

Idea Validation: Good ideas v’s Bad ideas, Surveys, Questionnaires, Focus Groups

Running Your Own Business

What does it mean to be your own boss?

Goals, actions and results

Organisational culture

DAY 2

Business Models

Sole Traders/ New Companies Act/ Limited Company/ Partnership/ Charity/ Exporting

How To Complete a Business Plan

Benefits

Getting Started

Template Business Plan - What to Include

The Next Steps

Set up Costs

Expenses/ Pricing/ Sales Records/ Cash Flow Management

Forecasting

Tax & VAT

Registration/ The Law/ Tax Clearance

Registering / Revenue/ Tax Returns

Insurance

Entitlements

Unemployment/ SYOB Scheme/ Social Welfare

Marketing

Sales Leads/ Techniques

Failure

MODULE LENGTH:

Available in full day or virtual format.

LEARNING OUTCOMES:

Have a clear understanding of the running’s of a business and whether they are suited to self – employment

Have a greater overall understanding of how to assess if their idea will work in the market

Be able to conduct market research

Have a basic understanding of employment legislation in which to deal with potential employees or contractors

Be better equipped to provide a business / action plan