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WORKSHOP

ESTABLISHING  VENTURES
 

Duration  -   1 Day
 

Course Summary
Preparing and assessing  new ventures can be a complex process, which is often interspersed with unexpected
challenges and costs. This workshop examines the key components required to successfully prepare and assess a new venture. This approach will reduce unexpected challenges and help to ensure the venture is established successfully, allowing it to be developed further.
 

What you will learn

bulletThe key components needed to prepare a successful venture
bulletHow to encourage entrepreneurial thinking
bulletHow to research the venture and its market
bulletHow to identify the elements needed to develop the venture
bulletHow to prepare initial justifications and plans
bulletHow to assess ventures, from different perspectives

The workshop will introduce highlight and discuss relevant topics, including:

Introduction
What sort of new ventures?
Where do you start with a new venture?
Risks from poor preparations



 
Understanding the venture
Strategy, goals and objectives
Timing and schedules
Resources and organisation
Publicity & promotion
Marketing, sales and demand
Production and operations
 
Understanding the environment
Making objective assessments
Competitor analysis
Supply and materials
Social, political and related issues

 
Finance and Funding
Financial appraisals
Initial funding steps
Costs and budgets
Making a profit
Cash flow
 
Safe and Sound
Health and safety
Commercials and contracts
Planning and permissions
Taxation
 
Bringing it all together
Detailed assessments
Business plans and business cases
Preparing for presentations

 


Presentation method

The workshop is intended to be provided in a workshop format, maximising the contributions from participants. The workshop will include a high level of graphic and animated content. A variety of practical examples and case studies will also be used, which will be current and relevant to the workshop and the audience. Where possible, instructors will also provide additional coaching and mentoring to students.

The participants will also be encouraged to play an active role in the workshop. Participants will be encouraged to take part in a variety of exercises, as well as discuss various elements of the workshop and related issues.
 

Other information
Participants will receive a comprehensive set of notes relating to the workshop, together with any supplementary handouts. Participants will also receive tip sheets, checklists and other supporting information, to take away for future reference. All of which can be utilised immediately after completion of the workshop.

This workshop module can also be tailored to the requirements of the organisation. It can also be adapted to complement other staff development, or change management related initiatives.
 

Cost  -  £500 for up to 3 participants
 
Related courses    
Business Planning Introduction                Establishing innovation
Introduction to Business Models            
Understanding key Business Models
 

Frequently Asked Questions (FAQ) regarding the workshops
All staff development workshops are subject to Migrators Conditions of Service.
To book the workshop, please download and complete a Booking Form.

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