What Next? Team formation Join Facebook group Role allocation Registration Meet your mentor Tuesday 1st November.

Slides:

Advertisements

Similar presentations

Lothian Area Board of Young Enterprise Scotland igniting the spirit of enterprise, inspiring each other to succeed through enterprise"

Advertisements

Vocational Preparation Task 1.  practical application of knowledge, understanding skills and competences developed through the modules  substantial.

Lothian Area Board Lothian Area Board of Young Enterprise Scotland “igniting the spirit of enterprise, inspiring each other to succeed through enterprise"

Confidential1 Introducing Young Enterprise Company Scheme 2009/10 Friday 4th September 2009.

Introduction to Business Chapter 6: Sources of Finances.

Source of finance All businesses need money to finance business activity. This can be for the initial setting up of the business, for its day-to-day running.

Cyan Limited (formerly Central Insurance Company Limited) Shareholders Presentation Annual Accounts th April, 2012.

Lim Sei cK.  Allocate the time you need to do certain parts of the Business Plan - Use calendar / Planner / Diary / Journal - Create a deadline.

Young Enterprise Scotland Finance & Accounts Workshop.

WORK. You’ll probably spend at least 1/3 of your life at work … maybe 1/2.

The business of life Richmond & Kingston Area Board BA/CL Launch Meeting September 2015.

ACCOUNTING & FINANCE Balance Sheet. Introduction and Key Definitions It shows the financial position of a firm at a particular moment in time. what “

The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business Adviser.

Lothian Area Team Lothian Area Team of Young Enterprise Scotland “igniting the spirit of enterprise, inspiring each other to succeed through enterprise"

ACCOUNTING & FINANCE Balance Sheet IGCSE Business Studies.

2.3 How do businesses survive?1 Must prepare a business plan/forward plan (set objectives) to ensure that: Meet customer needs and wants Manage costs effectively.

Lim Sei cK.  Allocate the time you need to do certain parts of the Business Plan - Use calendar / Planner / Diary / Journal - Create a deadline.

Unit 3.5 Final Accounts. Financial Statements ▫Profit and Loss account ▫Balance sheet ▫Cash Flow statement Financial Accounting Management Accounting.

The JA-YE (Malta) Company Programme MODULE 2 15th DecInformation Session – Way Forward Company Programme & Social Enterprise Programme Meeting.

What is a stock? What does it mean when we say there is risk and reward in the stock market? Why do people invest their money in the stock market?

1 Block 5: Session 3 (Part 1) Organization financial measurement:- The main aim of this section is to introduce you to several ways in which org. attempt.

Types of Business Organisation IGCSE Economics Chapter 4.1 The private firm as producer and employer.

FINANCIAL MARKETS CHAPTER 12.1.

Investments First rule: Pay yourself first through saving.

GMA Kickoff Meeting 11/08/16.

Operating Finance.

Stock Valuation.

Guidelines for the Rotary Club Treasurer

Principles of Management

2015 – 2016 Investment Management Recruiting Timeline

Sources of Finance GCSE Business Studies tutor2u™

Business Organization

USERS OF FINANCIAL INFORMATION

1.2 Understanding different business forms

Business Ownership BTEC Business.

Organising an Event Unit 13 Applied Business

Business Finance Chapter 28.

Sydney Cooperative Housing Society of NRB (Non Resident Bangladeshi)

* * Financial Management Chapter Eighteen McGraw-Hill/Irwin

Learning Objectives By the end of the lesson you will be able to….

Our Business Samantha Wardman Young Enterprise Manager - Cornwall

© 2014 Cengage Learning. All Rights Reserved.

5. Team Members Created by: Dr. Janet Ratliff & Ms. Jenna Johnson.

Business Education in Latvia MOBILITY IN SKOPJE, MACEDONIA 07/11/2016 – 11/11/2016 Project No LVO2-KA

Types of Organizations

An Overview of Financial Management

Sources of Finance and Assistance for Business

Topic 3 Finance and Accounts

The Fundamentals of Investing

Contents of the book Part one: Framework, Theory and Regulation

Knowledge Organiser Effective Financial Management

Financing a business.

AN OVERVIEW OF FINANCIAL MANAGEMENT

Financial Management Kiran.

Of Financial Management Traditional View Modern View Objective of Financial Management Scope of Financial Management Relationship of Finance with other.

Are you up for a challenge?

Cash Flow Forecasting.

Initial Business Plan for Investors

Ch 13 Unit 4 Finance Cash Forecasts Household budgeting

Sources of small business finance

1 Accounting in Action Learning Objectives

Chapter 11 Financial Markets.

C12S1: Savings and the Financial System

Vocational Preparation Task

Why We Invest in Companies

Basic Investments Personal Finance.

Business Ownership BTEC Business.

Types of Organizations

An Overview of Financial Management

Chapter 1 Test Review.

Presentation transcript:

What Next? Team formation Join Facebook group www.facebook.com/groups/UEAYE2016 Role allocation Registration Meet your mentor Tuesday 1st November 3-4pm, TEC 0.26 Arrange regular catch up and communication channels

What Next? Business Planning Settle on an idea and create a plan. Who are your customers? How will you market to them? What are the costs? Sell shares Shareholders do not have a say in how you run your business, will be interested to hear how your business is going and expect a return on their investment You may choose to undertake fundraising activities to finance your product/service development or buy raw materials

Running the Business Open Bank account – deposit share capital raised and pay suppliers Get Trading POP UP Markets UEA 17th Nov Xmas market @ The Forum 26-29th Nov YE Trade fair – Sat 25th Feb

Competition UEA, National and International finals Investment proposal – highlights your plan for growth and how you would seek to use possible investment Trade Stand and interview – A display stand which showcases your company’s brand, products, achievements, etc. Students will be interviewed by judges Company Presentation – A short audio-visual presentation of your company’s highlights delivered in front of an audience.

Company closure Sell assets (remaining stock) Pay off creditors (suppliers) Prepare final accounts Pay YE Corporation Tax and YE VAT Close bank account Hold Annual General Meeting (AGM) Must dissolve by end of your first year (31st Oct 2017)

Support & Resources Start-up Programme Kit YE Online Dedicated Business Adviser Monthly Catch-ups UEA Student Enterprise Workshops – Book on MyCareerCentral > Events > Enterprise Coaching – Drop in or call us on 01603 592142 Mentors – apply online Funding – next deadline January 2017 Workspace in EnterpriseCentral (room 0.26 TEC)

Continuing your Business You can continue trading under YE insurance until Company closure (31st Oct 2017) You may wish to consider continuing your business outside the YE programme.