It is just as important to plan in advance of setting up a business. Statistics show that most start-ups fail within three years, with half of the start-ups failing within the first twelve months. These businesses fail due to lack of planning. Preparation is the single most important thing you can do to ensure your fledgling business gets off the ground and continues flying. One cannot eliminate all risk but it can be reduced significantly. Key issues include:
Who Should Attend?
The Start Your Own Business Programme focuses on those with a business idea, likely to be in full-time employment, unemployed, recently made redundant and women returning to the workforce and unsure as to how to develop the idea into a business plan. The programme will guide you through the various aspects of business and business planning. The objective is to assist you in assessing your idea, its viability and to decide if you should proceed or take a step back.
Delivery & Structure
The programme is structured to meet the needs of those with a business idea and wish to assess it. No prior knowledge is necessary as the tutors will present each topic in an easily understood fashion. The tutors used by the County and City Enterprise Boards have considerable expertise in working with start-up business and empathise with the mindset of a 'would be' entrepreneur. The programme may run over either six or ten modules (modules seven to ten are optional). Generally the programme runs over consecutive weeks for three hours nightly.