Walker Partnership (Scotland) LLP

"IFA UK Accountancy Practice of the Year 2009.  Where accuracy, honesty & value come first."

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Course Title: Business Planning

Duration: 1 day
Designed for:

Anyone thinking about starting up and running their own business.
Course Objectives:

By the end of the course participants will be able to follow a step by step process to help them to plan their new business in a methodical way and who to go to for help in running their business or getting started.
About the Course:

According to statistics only half of new businesses survive more than 5 years. Effective planning reduces that risk , as it is the only way to identify your goals and work out a way to achieve them. And of course, if you want anyone to back you and risk their money, they will want to see your plan.
Course Content:

  • Thinking about it
    		•
  • why start my own business
  • have I the right temperament or knowledge
  • have I thought about the practical realities properly

  • Talking about it
    		•
  • which professionals do I need to talk to
  • how can I get help myself
  • what government help can I get

  • Plan for success
    		•
  • what is my market
  • what is my unique selling point
  • where shall I set up in business
  • how do I promote myself
  • what is my competition
  • will I make a profit
  • how much capital will I need
  • budgets & forecasts

  • The legal side
    		•
  • what legal form of business would suit me best
  • what do I call it
  • how do I protect my product
  • tax obligations

  • Up and running
    		•
  • the books you need to keep
  • protecting my cashflow
  • monitoring my performance
  • me as a manager

  • Overall review
    		•
  • step by step checklist of actions you need to take