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How to start a business successfully

Being successful in business isn’t just about spotting a gap in the market and taking advantage. Success comes from having a viable business idea that can be sustained over a long period. This workshop will help you test your business idea and ensure that it gets off to a good start.

Audience

For a person who thinks they have a great new idea for a product or service, or new business owners who are looking for some extra guidance on how to get their business on the right track.

Content

In this workshop we will discuss:

  • The key factors that lead to business success.
  • Are you in business for the right reasons?
  • Why you need a business plan.
  • How to prepare a business plan.
  • How to think through your ideas and expose possible shortcomings that you may need to address.
  • How to measure progress towards targets.
  • How to build credibility and convince others (bankers and suppliers) that you know what you're doing and where your business is heading.

Benefit

Starting up a business is far from easy. But the good news is that research shows that businesses that plan to succeed actually do succeed.*

Come along to this interactive workshop and we will equip you with the knowledge necessary to survive and thrive in the business world.





* A study showed that new businesses which had a written business plan grew around 30% faster than those which didn’t. Multiple effects of business plans on new business ventures – Burke, A; Fraser, S and Green, F; Journal of Management Studies Vol. 47 Issue 3 pp. 391-425, May 2010.

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