YE Company Programme 2013/14 Training Menu

1. Introduction to YE (New LT and BA) Company of the Year Competition OCR Qualifications Mid Year Briefing Social Enterprise Engaging Students YE Company Programme 2013/14 Training Menu Essential Training Further Training Evaluation Start of Year Briefing End of Year Briefing Company Programme Website CashFlows Select a box to start the training session

3. For New CP Business Advisers and Link Teachers Introduction to Young Enterprise

4. Click here to watch a video about the Company Programme Company Programme at a glance • Real company • Up to one academic year • Plan, design and sell a product or service • 6 to 25 company members • Run in or out of the curriculum • Learning by doing • Attend Board Meetings • Support team

5. Real impact on CP alumni Independent evaluation findings: • Better future earnings • Developed employability skills and attitudes • More passionate about their jobs • Twice as likely to start their own business • More successful in their careers • Show increased social responsibility

6. Volunteers • Come from all walks of life • Potential rewards • Safeguards • Disclosure & Barring Service (DBS) Checks – previously CRB • Volunteer registration form (VR Number) • Volunteer Code of Conduct • Volunteer Portal • www.young-enterprise.org.uk/volunteerportal

7. More information Contact your local YE representative Visit www.young-enterprise.org.uk Phone 01865 776845 Email info@young-enterprise.org.uk Follow us: www.twitter.com/youngenterprise www.facebook.com/youngenterpriseuk

8. End of SessionClick the arrow to return to the Company Programme Training Menu

10. For CP Business Advisers and Link Teachers YE Company Programme Start of Year Briefing

11. Agenda • Introductions • Company Programme Overview • Link Teacher and Business Adviser roles • Starting the company • Running the company • OCR Qualification • Company of the Year Competition • Evaluation • Support

12. Agenda • Introductions • About Young Enterprise (YE) • Who’s who? • Programmes • Volunteers

13. Young Enterprise • UK’s largest business education charity • Over 50 Years’ experience • 220,000 young people each year • 5,000 volunteers from over 3,500 companies • Learning by Doing YE Mission To inspire and prepare young people to achieve their potential and succeed in business.

14. Worldwide dimension • Junior Achievement Worldwide www.ja.org • JA-YE Europe www.ja/ye.org

15. Who’s Who? YE Board of Trustees Chairman – Ian Smith Local Volunteer Boards / Task Groups YE Senior Leadership Group CEO – Michael Mercieca Local YE Programme and Delivery Staff YE Support Office Oxford

16. Programmes (ages 4 to 25) • Primary • Classroom based programmes • Secondary/Further Education • Classroom based programmes • Company based programmes (Team, Company, Start Up) • Higher Education • Company based programme

17. Company Programme at a glance • Real company • Up to one academic year • Plan, design and sell a product or service • 6 to 25 company members • Run in or out of the curriculum • Learning by doing • Attend Board Meetings • Support team

18. Aims and objectives In brief, Company Programme students will: • Develop personal skills • Gain an understanding of how business works • Gain an understanding of the wealth creation process

19. Key features • Volunteer Mentors • Company Programme Online • Insurance and legal structure • Social Enterprise option • Student events, workshops and trade fairs • OCR Certificate in Enterprise • Local, National and European Competitions • Alumni Network • Enterprise without Borders • Evaluation embedded in delivery

20. Click here for further Social Enterprise Training Two company types • Traditional model - Limited Company • Social Enterprise model - Community Interest Company • Same benefits and experience • Email info@young-enterprise.org.uk on registration for SE

21. Link Teacher (LT) role • Facilitator and Communicator • Register the company online • Logistics and Administration • Support Business Adviser(s) • Support Students • Manage Qualification Arrangements • Promotion

22. Click here for further training on Engaging with Students Business Adviser (BA) role • Work with a group of students • Give advice & constructive feedback • Apply knowledge and skills • Be a motivator • Communicate with LT • See the code of conduct

23. Support for the LT/BA • Physical Resources • BA/LT Guide • Company Programme website • Legal Responsibilities Document • OCR Brief • Competition Criteria • Other Resources • Training Events • Fellow LT/BA • Link Board Member • YE Manager

24. Company Programme cycle

25. Materials & Resources • Start-up Pack (Contains 12 copies welcome brochures ) • Business Adviser/Link Teacher Guide • Company Admin Box • YE Website

26. Getting started Start up pack contents: • Registration Document • Welcome Brochures • Programme Introduction • Basic outline of first three meetings • Function Roles • Programme Website • Legal Responsibilities in brief

27. First meeting Led by the Business Adviser • Introductions • Set expectations • Consider function roles • Company name • Registration (see next slides) • Weekly meetings

28. Registration • You must not trade until registration is complete • Register online using the teacher email address • Need information from the registration form www.young-enterprise.org.uk/company

29. Registration activates: • The despatch of the programme kit • Administration Box • Access to the website • LT will be emailed the student’s passwords to distribute • BA will be emailed if this is entered at registration • Approval to start trading • Certificate of Incorporation • Insurance certificate

30. Administration Box contents • Share Books • Certificate of Incorporation • Insurance Certificate • Ompany registration Invoice • Letters to MD, LT, BA, Parents • HSBC Bank information • Legal Responsibilities and Insurance Cover • Competition criteria • Product stickers • Business card sheets

31. Programme website www.young-enterprise.org.uk/company

32. Website contents Company Tools Guidance My Messages General Guidance Company Calendar Function Guidance Company Tasks Glossary Company Resources Forms & downloads Company Accounts Company Blog Company Profile FAQs Comp. Member Profiles Read FAQs Evaluation Platform Submit a Question YE Company Network BA/LT Forum

33. Click here for Company Programme Website Training User accounts • Separate accounts for each member (incl LT and BA) • Log in details generated after programme registration • LT emailed student usernames and passwords • LT email address taken from registration • BA emailed a password if email address entered at registration • Changing details: • Making the password memorable – ‘My Account’ • Setting permission levels – ‘Set Permissions’ • Changing/updating Company Name– ‘Edit registration details’ • Updating student details - ‘Edit registration details’

35. Online documents • Mem & Articles • Business Card file for printing • Certificate of Incorporation • Insurance Certificate • Invoice • Automatically generated for each company • Can be downloaded and printed: • Company Home Company Resources

36. Second meeting Led by the Business Adviser • Complete on-line evaluation (see next slide) • Elect Directors • Company Administration • Administration box • Memorandum and Articles of Association • Programme website • Idea generation (see separate slide) • Bank account • Brief MD

37. Click here for further Evaluation Information Complete online evaluation • Students, Link Teachers and Business Advisers MUST complete the pre-programme survey • Accessed via programme website • Short surveys for students, Link Teachers and Advisers • Students will be able to quantify their distance travelled • Mid and End of Year Certificates • Mandatory for entering the YE competition

38. Choosing a product or service • You MUST read and adhere to the Legal Responsibilities and Insurance Cover • Commonly contravened rules are in these areas: • Food and drink - humans and animals • Cosmetics and beauty preparations • Alcohol and tobacco • Electrical items • Prize draws, raffles and gambling • Promoting that you will donate profits to charities Further guidance is available on the CP website

39. Third meeting and onwards Led by the Managing Director • Agree on product or service • Business plan • Operations plan • Raise capital (see next slide) • Production • Marketing and Sales • Finance Records • Record Achievement

40. Stage 2: Planning Oct 2013 • 4th/5th Company meeting • Managing Director now leads the company • BA acts as mentor & consultant • LTs update website with Board roles • Next few Company meetings • Students develop their business & production plans • Carry out market research • Investigate sales opportunities • Write Business Plan for competition deadline • BAs ensure students are following legal and insurance guidelines

41. Stage 3 – Up and Running Oct-Nov 2012 • Routine weekly meetings • Agenda issued in advance, minutes afterwards • Fully communicate and discuss • All students attend, review progress & make decisions • May be additional ‘production’ sessions • Encourage all students to be involved • May need school staff cover • BAs • Support, motivate, guide – perhaps cajole and set objectives! • Let the students run the company and make their own mistakes • Try to ensure something happens

42. Rules & Guidelines • Contracts and Cheques in excess of £200, mustbe countersigned by an Adviser or the Link Teacher/Lecturer • Company Secretary & MD mustbe familiar with Legal Responsibilities and Insurance Cover • £10m product and public liability insurance policy – prohibited products (see Guidance section online): • Mechanically propelled vehicles; • Explosive gases, helium balloons, fireworks; • Drugs, pharmaceutical products; Crop Spraying; • Aircraft control; Animal Consumption; Beauty products; Products with mains electricity supply; Alcohol or tobacco; Travel Agent, Tour Operators or Taxi Service; • Production of foodstuffs

43. Rules & Guidelines • Cash, cheques and approved debit payment systems only (Cashflow) • External websites mustfollow the guidance on the fact sheet • No sponsorship of YE companies - exceptas a contribution to the registration fee

44. Company finances • Shares • 500 shares @ 1 pound per share • Each Director must own at least one share in the company • Maximum 25 shares per person • Banking • Registration Fee - £80 • YE VAT – 20% • YE Corporation Tax – 10% • Liquidation and money

45. Sales and Trade Fairs YE Trade Fairs: • Organised by local Boards or YE Managers • Local • National • European • Meet other YE companies • Exhibit & sell to the public • Check website for opportunities • Explore your own opportunities to trade with the public

46. Enterprise without Borders • Extra dimension – no cost • Form partners with JA companies in Europe • EwB website • Profile products abroad • Trade Internationally • Twinning teachers and schools • EwB Teacher and Students Awards • http://www.ewb.ja-ye.org/

47. Click here to watch highlights of the 2013 UK Final YE Company Competition 2014 • Annual Celebration of Achievements • Levels: • Local • Regional (June) • UK Company of the Year Competition (July) • JA-YE Europe Company of the Year Competition (July) • One winner progresses at each stage • Other awards supported by businesses • Standard judging criteria 2013 UK Winners

48. Other awards and competitions • National/European Opportunities: • JA/YE Social Enterprise Competition • EwB Teacher and Students Awards • Cisco Human Networking Award (ICT) • Telegraph New Media Award • Details sent to teams • Other opportunities posted throughout the year

49. Click here for OCR Qualifications Training Young Enterprise qualifications • Administered by OCR • The 2014 YE Exam will be the final opportunity for Centres to participate in the existing YE qualification • Developing a portfolio based qualification for pilot in 2015 • Usual fees apply • 4 Levels • Entry Level – 4 units – centre assessed • Levels 1 to 3 - single unit - timetabled exam (Spring) • Level 3 awarded UCAS points (20 to 40) • Brief Admin Guide • OCR liaises with Examination Officers www.ocr.org.uk

50. Top tips from experienced BAs • ‘Get the company registered straight away and open the bank account…’ • ‘Insist on excellent behaviours & attitudes in the board room’ • ‘Meeting discipline(using the Stone of Speech or similar) can help with disorganised groups.’ • ‘Encourage a ‘recruitment’ process for Senior roles • To match strengths with roles • With clear guidelines for removal of misfits… • Because competence for rolesis not considered enough early on…’ • ‘Good planning disciplines from Day 1 • Ensure students plan their time effectively • Make sure actions are clearly defined with owners and deadlines. • Review actions at the end of each meeting.’