Description

The University of South Wales will be holding a series of Business Growth workshops throughout June, delivered in partnership with Business Wales

The Business Growth Fundamentals from programme from Business Wales has been specifically designed for you if you are:

Looking to start a business and aspire to take on employees and grow turnover but need help and support.

An owner of an SME looking to achieve ongoing success and growth of a business.

A comprehensive workbook is made available to accompany the programme and a draft Business Plan template will also be provided during and after the workshops. You will also be given the opportunity, post completion of the workshops, to progress your business idea and/or growth plans with an experienced Business Wales Adviser.

Workshop 1: Building your business – 4th June 2019 12.30pm until 4.30pm (Newport Campus)



Creating an Executive Summary – how to write an Executive Summary to help you position your business in your marketplace.

Business Overview – looking at what business structure might be appropriate for you, matters to consider when running a business [for example VAT, employer contributions, taxes, HR] and a look at the common reasons for business failure [so you don’t make the same mistakes].

Start-up costs – a look at costs incurred before you start your business.

Products and Services – a look at how to price your product or service, understanding your Gross Profit Margin, why Breakeven Analysis is important, what are the Product Life Cycles and an overview of Intellectual Property Rights.

Strengths and Opportunities / Weaknesses and Threats – selling the first two, finding ways to minimise the other two.

Duration: 4 hours

Workshop 2: Your marketplace and marketing – 11th June 2019 1.30pm until 4.30pm (Newport Campus)



Market and Competition – a look at market research, defining your market and who you will sell to, understanding the competitive forces of your industry and a look at what outside of your control might impact upon your business and your customers buying habits.

Marketing and Implementation Strategy – getting you to think about your Unique Selling Point, understanding how to market your product or service, getting you to think more about your customers and a brief overview of digital marketing and of selling techniques.

Duration: 3 hours.

Workshop 3: Financing your business – 18th June 2019 1.30pm until 4.30pm (Newport Campus)



Financial Analysis – a look at the difference between profit and cash, a brief description of the key financial statements, helping you manage your money by producing a financial forecast, understanding how managing your receipts, payments and stock impacts upon cash flow and the types of finance available to you.

Duration: 3 hours.

As this workshop is being run in partnership with Business Wales, a requirement of your attendance is registration with their fully funded business advisory service. By registering to attend the workshop, you are also consenting to be contacted by Business Wales



To register for the Business Growth Fundamentals series, call Business Wales on 01656 868500 to secure your place.

USW Exchange is the hub for business at the University of South Wales. Find out more about our upcoming events for business or email the team to arrange a tour of our remote working, meeting and event facilities.

WHEN:4th June 2019 – 12.30pm until 4.30pm

WHERE:Newport – USW Newport Campus

SOURCE:southwales.ac.uk