Starting a small business is an ambition for many people. The business idea could be almost anything. Maybe you dream of opening a coffee shop, a restaurant, a hotel, a DJ service, or an organic smallholding producing fruit and vegetables. You probably understand that starting a small business can be fraught with difficulties. Many new business struggle to find success. If you’ve never launched a business before, there will probably be many issues you should be thinking about that you’re not even aware of. This course helps you understand the essentials and craft a plan for success.
Get expert guidance in creating and fine-tuning your business idea. You’ll learn how to approach your business idea by looking at structured business parameters. Together, you’ll examine the type of business, the attractiveness of the business idea, the target market and how you can balance personal and business needs.
During the two-day course, you’ll examine your ability to run the business—including the skills you already have to support your business idea and the personal development you may need to undertake in order for the venture to be successful.
We’ll cover the important financial and legal aspects you need to consider. What will the start-up and operational costs be? By the end of the Start Your First Business course, you’ll have devised an outline for your business proposal. You’ll understand what financial advisers will expect to see in your proposal and how they’ll be judging the strength of your business plan—including the type of business, its target market, available resources, financial information and forward planning.
