About me• 20 years in the hotel & events industry – Director of Sales at a Heathrow Hotel – Set up a National Sales Centre for “Jockey Club Racecourses” – Ran my own consultancy business and event management company• Over 2 years working at Business West
Business West is the 4th largest Chamber of Commerce inEngland, employing over 180 staff with an annual turnover of £20m and delivering over 30 business services. We represent and work with over 16,000 businesses.
For more information on our services visit our website www.businesswest.co.uk
Starting a Business What kind of Business should I start? How do I research my Business Idea? Writing a Business Plan How can I finance my Business? Prepare – Business Training, Skills & Support Getting the right people on board Naming my Business
Starting a Business Registering my Business Setting up Shop Marketing – website & social media Getting Suppliers and Distributors on board Get the nitty-gritty right Almost ready to start selling Start selling
Business Plan01 Keep it simple, clear and concise include Marketing objectives and financial forecasts (including cashflow) Finance02 Get your finances in place from the start, as lending bodies will want to share the risk! Action03 Get on and do… don‟t over plan or complicate, learn as you do (make money as you learn!)
Why are we doing this? More people than ever want to start a business 9.8% of working age adults in UK expect to start a business within the next 3 years. More people are having to consider business start-up due to changes in life and work – „necessity-based start-up‟ doubled between 2010 and 2011. But getting access to finance is a real blocker – it is frequently cited as by far the biggest barrier to people starting a business. And fear of failure is still strong: 41.4% of people who spot an opportunity say fear holds them back. Source: Global Entrepreneurship Monitor, United Kingdom 2011 Monitoring Report
Why might this matter to you? Around half of all this years graduates will struggle to find full-time jobs If current employment trends continue Entrepreneurship & Innovation Could you be the next Steve Jobs or Alan Sugar? Utilise the support organisations to make this a reality. Ready for Business are start-up specialists, and we can help for FREE! Our workshops help you to understand if your idea can become a commercial venture.
01 Free to start and no obligation to continue02 National movement, with networking opportunities03 Improved chances of getting bank funding to start up
04 Personal, tailored support through first year of business to improve chances of success05 Fast-Track to further business support programmes like Starting a High Growth Business and UK Trade & Investments Passport to Export06 A FREE years membership of Business West – tapping you into our network of members
Contact the team Book yourself onto a FREE Workshop See if self-employment is for you Get advice Speak to one of our advisors and see what steps are best for you Seeking Funding? We can evaluate your position and get you access to banks and programmes available to you
Tara GillamProject Manager – South West DeliveryT. 01275 376 233E. email@example.comW. www.businesswest.co.uk/readyfor business www.startupedge.co.uk