Start your own Company or Self Employed Business
Overview
This course has been developed specifically for individuals who wish to take their skills and expertise and start up their own business (limited company or self employment). This is a structured training programme which provides them with the skills, knowledge and information needed to start their own business operation. The programme is delivered by persons experienced in starting up their own businesses and supporting start up operations. In the past 5 years the advisors at CIOTEK have assisted more than 250 business start ups in South Wales.
Course Structure
The training programme is delivered as a series of 5 day training modules with the following options available
- 5 day intensive programme over one week (Mon-Friday)
- 2 week programme of 5 one day workshops
- 5 week programme of 5 one day workshops
- 10 week programme of 10 half day seminars
- Developing your business idea
- Starting with the end in mind
- New start up or franchise – How to decide
- Products or Services – Operational differences
- Possible awards, grants and scholarships
- Keeping it legal - Issues affecting your new business
- Limited company, partnerships or sole trader status
- New start up or franchise – How to decide
- Employment law and types of insurance
- Taxation and VAT requirements
- How to research and quantify your market
- Source of information and statistics
- The role, design and delivery of questionnaires and surveys
- How and why to undertake competitor analysis
- Taxation and VAT requirements
- The best ways to promote your product or service
- Effective use of the internet to promote your business
- Why products and services require different strategies
- Advertising. Where when and IF. Tips to maximise impact
- Preparation of a tactical marketing plan
- Understanding management accounts
- Incomes and Expenditures
- Cashflow forecasts – structure and role
- Profit and loss statements
Course Content
The course addresses the following topics:-