This programme is provided in the form of training workshops, as well as one-to-one clinics, for a number of Local Enterprise Offices throughout the year. The aim is to provide entrepreneurs, owners and managers of start-ups and expanding businesses with the skills necessary to prepare a quality Business Plan, with financial projections. The programme was devised in response to the needs of Local Enterprise Offices, who had raised concerns about the quality of submissions being lodged as part of their application process, whether directly for funding or for the Micro Finance Ireland programme.
Workshop details
- The business proposition
- Supplier and competitor analysis
- Business structure
- Market research and market plan
- Sales and promotion
- Identifying capital and operational costs for the next 3-5 years of business
- Dealing with capital costs in the main body of the Business Plan
- Dealing with operational costs in the Projections, i.e. the appendices
Writing Notes to the Projections, for use particularly when dealing with financial institutions and funding agencies - Identifying cost centres within the business, to ensure the Business Plan can be used effectively to analyse the viability of different sections of the same business
- Pricing structures, with reference to competitors and cost centres
- Answering questions from funders, banks, MicroFinance Ireland, etc. regarding the Financial Projections.
