Business planning for your small business: Webinar

Who is this webinar suitable for?

This webinar is for anyone thinking of starting a business. If you are facing redundancy, looking to make a move into self-employment or starting up a business alongside your job, you will find it helpful to prepare a business plan.

Overview:

Business plans are a way of structuring your ideas and objectives and thinking through your business idea to check it is viable. If you are looking to obtain finance with a loan or investor you will need to present a business plan.

Agenda

Research and preparation for your business plan

• The purpose of a business plan
• Market research
• Analysis of the external influences on your business
• SWOT analysis
• Templates for business plans

BREAK / Optional networking time

How to complete the sections of a business plan

• Completing your plan with the use of a template
• Understanding what your audience need to know
• Good presentation of a plan for funding applications

BREAK / Optional networking time

Financial projections

• Survival budgets
• Break- even analysis
• Sales forecasts
• Profit and loss forecasts
• Cashflow forecasts
• Funding options

Please note:

The breaks have been designed to coincide with a change in the webinar's focus area within the subject of business planning. You can attend all three sections using the same link, or choose the parts that suit your needs.

Please note: The webinar may be recorded, however, having your Camera and microphone on is optional.

Data Collecting:

Information collected here will be processed by Wenta and shared with our programme partners such as Hertfordshire LEP, Watford Borough Council, Stevenage Borough Council , Central Bedfordshire and Local Government for programme data reporting purposes only. Data that is collected here will be used to provide further business advice and support information to you. Please visit Wenta’s Privacy Policy for more information.

If you do not wish for your data to be used for marketing purposes such as the Wenta Mailing List, please ensure you do not select the relevant box for the Mailing List ‘opt-in’.

Data Sharing:

We have data sharing arrangements in place with programme and contract partners such as Hertfordshire LEP, Watford Borough Council, Stevenage Borough Council, Central Bedfordshire and Local Government, who we work with to provide certain services to you. Under data sharing arrangements, certain personal information is shared for a specific purpose. The local authority or organisation receiving the information must only use that information to carry out that specific purpose, and keep your data safe and secure. Please visit Wenta’s Privacy Policy for more information.