Exercise 3 : Setting up your business


Purpose

After carefully considering your options, you've decided you want to start your own business.

The best place to start is by writing a solid business plan.

The purpose of this exercise is to get you to consider all aspects of the creation and development of your business. By taking a thorough approach from the start, your plan will be clearer and more concrete and more likely to attract investors.

Please note: we offer a generic model that can be adapted to suit your needs.

Objectives

At the end of this exercise, you should be able to:

  • Write an executive summary
  • Clearly define your offer
  • Analyse your market and determine your USP (unique selling point)
  • Put together a strategy and define your operational objectives
  • Cover the legal, tax and financial aspects of your business
  • Write a marketing strategy
  • Define your staffing needs

Instructions

This exercise is structured in a way that allows you to reflect and make notes.  Put as much detail as you want in the spaces provided.

If you would like to get advice from one of our coaches on a specific point in the exercise, contact us by email (contact@flexijobsglobal.com)

And don't forget, you can contact one of our coaches for more personalised support at any time.

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