Be Your Own Boss

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Course code: 8990

An introduction to managing your own business including the steps needed to set up your own business

When and where

Dates

From 15 Nov 2021 to 17 Nov 2021
Mon Tue Wed 10:00-14:30

one week

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15 Nov 2021

10:00 to 14:30

16 Nov 2021

10:00 to 14:30

17 Nov 2021

10:00 to 14:30

Location

Bracknell Open Learning Centre
Rectory Lane
Bracknell
RG12 7GR


with John Lindsay

Cost

Fees and concessions

The total charge is £48. The tuition fee for this course is £48

Course description

It is important to know what is involved in setting up your own business as over 50% of start-ups fail within the first five years due to poor planning.
This course will give you the guidelines in understanding if your business idea is a feasible reality and what is involved; from registering as a sole trader, identifying the best type of trading entity/ownership, working within correct trading requirements and regulations to scoping a business plan, adopting a pricing strategy, establishing a trading domain name, preparing a cash-flow schedule and when and how to comply with HMRC tax reporting needs.
You will also cover Health & Safety, Equality & Safeguarding policy in the workplace and business insurance requirements.
There is a lot more to it than you might think.
So, gain the know-how to ensure an early survival!

Course outcomes

By the end of the course you will be able to:
Select and register the right trading entity, name and tax status for a new business
Assemble key areas of information to be included in a basic business plan
Prepare an initial cash flow schedule
Select a suitable pricing strategy for your new business in addition to choosing suitable terms of payment conditions
Know how to set up a brand/trading and domain name
How and when to comply with HMRC tax reporting requirements
Review reference sources giving advice on setting up Health & Safety and Equality & Safeguarding policies

Is this course suitable for me?

Suitable for learners who are considering starting a small business or service.

What do I need to bring?

A notepad and pen.
Pre-prepared business ideas, plans or questions.

How will I learn?

You will experience tutor demonstration supported with PowerPoint slides and carry out practical activities.

How will my progress be monitored and assessed?

The session will have identified aims for you to achieve and your tutor will discuss the work you will be doing at the beginning of the session. Progress is monitored by practical work and by tutor observation.

Are there any additional costs?

There are no additional costs for this course but there are likely to be business costs when setting up your own business

What qualification will I get?

This is a non-accredited course so there is no formal qualification.

What will I be able to do after this course?

Create your own website
Boost your business online using social media
Keeping safe online
LinkedIn

Additional information

This course is free to job seekers or those on low incomes who must enrol via the job club. Please do not book online as our refund policy applies and we will only refund a course if we cancel it.
To book online, scroll to the top of this page, click on either 'sign in' or 'sign up' and then proceed to enrolment and payment. Please note that fees are non refundable unless we cancel a course.

For queries please contact us on
Email: <a href="mailto:community.learning@bracknell-forest.gov.uk">community.learning@bracknell-forest.gov.uk</a> Tel: 01344 354220