The Pre Business Start-up Training Course
There are some essential questions needing answers during your pre-business start-up period
So, you have experienced that magical moment, aka the ‘lightbulb’ moment where that thought has struck you and you just can’t shake it. Sometimes it is left to germinate for years, while life takes over and other commitments prevent you from taking action and other times it is just too compelling and you just have to follow your heart.
Where do you go from here?
Well, the first thing that you need to do is ask your self a number of questions.
Is there a real demand for this product or service?
If so, who needs it and what are they currently doing to solve the problem?
How can you package your offer to make it different from the competition?
What new skills and resources will you need to acquire?
Is this business idea financially viable for me in my current situation?
We will take you through this fact-finding stage to the point where you are in a position to answer the last one, one way or another.
If the answer is ‘No’, then we will help you to rethink the situation until you reach a satisfactory conclusion.
To enable you to answer these questions we will take you through the following business start-up processes:
Self-analysis (Value) -Based on the SWOT analysis this exercise includes the characteristics identified over the years as being fundamental to the success of an entrepreneur. The purpose of the self-analysis is to be able to combine your strengths, interests, passions and character traits to form the basis of the business offer that you present to the world.
Landscape analysis – Based on the PESTLE analysis E.MB.R.A.C.E. is a formula that takes in to account the Seventeen UN Goals for sustainable living, which should be at the heart of all innovation however small.
Opportunity analysis – L.E.A.R.N How to Find Your Niche is a five-step guide covering those very early exploratory steps of understanding global needs and inspiring ideas.
Financial analysis – S.C.O.P.E covers the essential components of financial planning to enable the creation of the sales forecast and cash flow projection for insertion to the Business Plan.
This is one of the most exciting stages of the business start-up process. Approached with an open mind and an investigative thirst for knowledge you will soon learn that anything that you put your mind to is achievable. We have created a formula to help you remember the essential steps and workbooks to keep you on track.