The University of South Wales will be holding a series of Business Growth workshops throughout May, delivered in partnership with Business Wales.
Workshop 1: Building your business
Creating an Executive Summary – how to write an Executive Summary to help you position your business in your marketplace.
Business Overview – looking at what business structure might be appropriate for you, matters to consider when running a business [for example VAT, employer contributions, taxes, HR] and a look at the common reasons for business failure [so you don’t make the same mistakes].
Start-up costs – a look at costs incurred before you start your business.
Products and Services – a look at how to price your product or service, understanding your Gross Profit Margin, why Breakeven Analysis is important, what are the Product Life Cycles and an overview of Intellectual Property Rights.
Strengths and Opportunities / Weaknesses and Threats – selling the first two, finding ways to minimise the other two.
Duration: 4 hours
A comprehensive workbook is made available to accompany the programme and a draft Business Plan template will also be provided during and after the workshops.
You will also be given the opportunity, post completion of the workshops, to progress your business idea and/or growth plans with an experienced Business Wales Adviser.
WHEN:16th May 2019 – 12:30 – 16:30
WHERE:Pontypridd – USW Exchange