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

11. 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

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

13. 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.

14. 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)

15. 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
Mentors – apply online
Funding – next deadline January 2017
Workspace in EnterpriseCentral (room 0.26 TEC)

16. 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.