Start Your Own Business Course - LEW 2024 EVENT - March & April 2024

Venue:
First & Final Modules of this Six Week Course will take place at The Abbey Hotel Roscommon, Roscommon Town. Eircode: F42 F992
 
Date:
07/03/2024
 
Note:
Thursdays: March 7th, 14th, 21st, 28th + April 4th & 11th 2024
 
Time:
6pm to 9pm each evening
 
Category:
Start Your Own Business
 

STRICTLY FOR ROSCOMMON CLIENTS ONLY. THIS IS A SIX WEEK (one evening per week) 'HYBRID' TRAINING COURSE WITH A MIXTURE OF IN PERSON & REMOTE MODULES. This course is suitable for anyone thinking of starting a business or who has recently done so.

This event is no longer available
 

LOCAL ENTERPRISE WEEK (LEW) EVENT

Start Your Own Business Course - March & April 2024

STRICTLY FOR COUNTY ROSCOMMON CLIENTS  

THIS IS A SIX WEEK (one evening per week) 'HYBRID' TRAINING COURSE WITH A MIXTURE OF IN PERSON & REMOTE MODULES: 

The First (March 7th) & Final Modules (April 11th) of this Six Week Course will take place at The Abbey Hotel Roscommon, Roscommon Town. All other Modules (Two, Three, Four & Five) will take place Remotely via ZOOM. 

This six-week (one evening per week) course is suitable for anyone thinking of starting a business or who has recently done so.

Dates: Thursdays: March 7th, 14th, 21st, 28th + April 4th & 11th 2024

Time:  6pm to 9pm

Venue: First and Final Module will be held at The Abbey Hotel Roscommon, Roscommon Town. Eircode: F42 F992

Course Deliverer: TalentPool Limited

Cost: FREE

Course outline:

Are you interested in setting up a business?

The objective of Start Your Own Business programmes is to assist delegates in assessing the viability of business ideas and in understanding the essential elements required to start-up and run their own business. Delegates will be able assess the viability of business ideas and understand essential elements needed to bring an enterprise from to concept to profit. At the end of the programme delegates will understand the essential elements required to start up and run their own businesses effectively and will have the skills and knowledge to be able to create their own business plan and be aware of the various supports that exist. Delegates on this course will have a competent understanding of the taxation system and will understand what needs to be done to be compliant with revenue regulations and will be able to understand the duties of their accountant.

1)    Self-Assessment (Topic aim) is to introduce participants to the concept of entrepreneurship and what it means to be a business owner. The downs and ups and how to deal with both.

  • Entrepreneurship – What is it?
  • Personal Skills Analysis
  • Personal Goals (particularly financial)
  • SWOT/USED Analysis
  • Golden Figure (creating personal wealth)
  • Reasons for starting a business.
  • Understanding how to develop an idea to make Money.
  • Steps to starting a business

2)    Legal Issues for Start-up businesses (Topic aim) is to show participants the formal vehicles to use to conduct business, particularly the new companies acts and legislation; the Topic also introduces the self-assessment taxation system and the responsibilities to the revenue of the self-employed. The Topic also deals with protecting the business idea online

  • Guide to legal structures
  • Registering a business name
  • Registering a domain name

3)    Market and Market research (Topic aim) is to give a solid professional grounding in the principles of marketing leading up to developing a marketing plan

  • Introduction to marketing
  • Product / service and comparison
  • Researching your idea to ensure profit.
  • Identifying and meeting customer needs
  • Developing a marketing plan
  • Promotion for the start-up, including social media marketing.
  • Market Research Methods
  • Price in the context of marketing
  • Promotion
  • Developing a market strategy

4)    Sales and networking (Topic aim) is to show that sales are core to all businesses, so that participants prepare their sales pitches and networking pitches for immediate use even if the business has not started.

  • The importance of Sales
  • What makes people buy?
  • Selling on benefits
  • Seven step Sales model
  • Getting the T's & C's right, the power of now
  • Networking, and finding prospects
  • Pitching and promotion of self.

5)    Administration and bookkeeping (Topic Aim) to create an understanding in the participants of the importance of good financial management which ranges from basic bookkeeping to creation of internal controls and revenue commissioner  ready accounts, as well as how why and when to register for appropriate taxes

  • Introduction to small business finance
  • Sources of funding
  • Drawings and personal budget
  • Business Costs overheads fixed and variable.
  • Pricing
  • Break Even Analysis
  • Overhead clock
  • Funding options

6)    Finance and financial management (Topic aim) to inform of the routes to finance available in current times and to establish the methods of costing and other basic tools to ensure profitability

  • Books of prime entry
  • Top tips to make bookkeeping stressless
  • Profit and loss account creation
  • Taxes: the principle of self-assessment, ROS, returns and thresholds
    • Self-assessment Income Tax
    • VAT
    • Employers’ taxes
  • How Books relate to tax
  • Introduction to  revenue online service

7)    Business Planning (Topic aim) To demonstrate to delegates the importance of comprehensive planning for their prospective business

  • This Topic focuses on tying in all the previous topics and demonstrates how to create clear content in a recognised manner, targeted to providing a well thought out application for BTWEA/STEA funding.

8)      Sustainability (Topic aim) To demonstrate to delegates the importance creating a business that reduces its impact on the environment

  • This Topic introduces the notion of Sustainability to the delegates: Sustainability is defined as meeting “the needs of the present without compromising the ability of future generations to meet their own needs.” A sustainable business is concerned about the current and future social, environmental, and economic impacts associated with its operations. Ideally, the sustainable business seeks to have a positive social impact, a reduced negative environmental impact, and a positive economic impact. Delegates will be encouraged to consider all matters relating to their business that would create a sustainable business. Such as the triple bottom line (social, environmental, economic) and not only their profits

TRAINER WILL EMAIL THE ZOOM LINK TO THE ATTENDEES PRIOR TO EACH OF THE 4 REMOTE MODULES