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Workshop 1 Envisioning Your Business Thursday 27th October

BUG Programme. Workshop 1 Envisioning Your Business Thursday 27th October. BUG Programme Entry Requirements. The Competition will require you to: Develop your idea and submit a well thought through summary of it. Create and submit a 20 page business plan for the business.

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Workshop 1 Envisioning Your Business Thursday 27th October

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  1. BUG Programme Workshop 1 Envisioning Your Business Thursday 27th October

  2. BUG Programme Entry Requirements The Competition will require you to: Develop your idea and submit a well thought through summary of it. Create and submit a 20 page business plan for the business. If shortlisted, deliver a short presentation to a panel of judges and engage in discussion about your business plan. If shortlisted, attend the award ceremony.

  3. BUG Programme Additional Dates BUG Beer Mat Challenge W/C 14 Nov BUG Idea Summary Form Submission Fri 2 Dec Christmas Networking Event Thur 8 Dec BUG Business Plan Submission TBC (May) BUG Finalist Presentations TBC (May) Presentation of BUG Awards TBC

  4. Idea Summary • The first deadline for the competition is December 2ndwhen you will be required to submit a summary of your business idea. • The submission will require you to write approx. 500 words about your idea under a number of section headings. • This helps us to learn a bit more about your idea – and will help your mentor.

  5. Your Business Plan You will be required to submit a 20 page business plan on your idea. The plan will need to include a number of sections, an outline of which is available on our NEW web pages. www.glos.ac.uk/bugcompetition

  6. The BUG quiz!What do these local start-up businesses do? link

  7. Idea Generation Think about the things that you like/enjoy Think about the things you really like doing Think about the things that irritate or frustrate youe.g. when you are shopping; or when you need service Think about the things or services that you needi.e. on which you have to [?!] spend money/time

  8. Idea Generation

  9. Idea Generation

  10. Activity: Teams to now fill in the upper (four) sections note: complete passions/hobbies before you start on frustrations/needs

  11. Idea Generation OK, now let’s put these together – and make some business ideas! First – make some links(you don’t have to agree but it helps)recommendation: use different colouredpens Then – envisage some business concepts(that might satisfy you – and other customers)recommendation: think who would be the customers?

  12. Teams to now fill in the final (bottom two) sections:

  13. ARE YOU ENTREPRENEURIAL ? try the General Enterprising Tendency [GET] test

  14. GET test is available on http://www.get2test.net

  15. GET questions cont’d….

  16. and… Are you Creative? (the CREAX test)

  17. www.monacomoneyclothing.com

  18. Vanilla Pod Bakery

  19. The Cotswold Deli Smart Notebooks

  20. Active KravMaga Pinnell Productions

  21. BUG WORKSHOPS Workshop 1 Envisioning your Business Clive Kerridge, UoG Thu 27 Oct 2011 Workshop 2The Mindset of the Entrepreneur Philip Allen, Impact For Life Thu 3 Nov Workshop 3 Start-up Issues Peter Doggett, Vistage Thu 10 Nov Workshop 4 Sales and Presentation Skills Paul Clarkson, PA2C Thu 17 Nov Workshop 5 Intellectual Property Issues Steven Murray, Rickerbys Thu 24 Nov Workshop 6 Is my Business Viable? Various Members, CIM Thu 1 Dec Workshop 7 Marketing via Social Networking Workshop Leader TBC Thu 26 Jan 2012 Workshop 8 Money Matters Oliver Newbold, R&P Thu 2 Feb Workshop 9 Sourcing Funding and Business Banking Neil Griffiths, Natwest Thu 9 Feb Workshop 10 How to Value your Business Brian Dorricott, Meteorical Tue 14 Feb Workshop 11 Managing People and Processes John Down, CMI Thu 23 Feb Workshop 12 Putting a Plan Together Clive Kerridge, UoG Thu 1 Mar

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