11 Jan 2023

Free masterclasses to empower start-up firms

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An online masterclass is available to Cannock business people who are ready to start trading.

The free online sessions cover important aspects of setting up and running a successful business in the first 12 months.

Covering everything from getting into the right mindset to important financial control techniques, these four sessions are led by an experienced Blue Orchid Business Advisor.

This event is designed to assist people who are about to start trading or require help to grow in their first 12 months of trading.

Participating businesses must be based in the GBSLEP area of Lichfield, Cannock, Tamworth, East Staffs, Solihull, Bromsgrove, Redditch or Wyre Forest local authority areas.

The free masterclass is delivered as part of the Enterprise for Success Programme and is part funded by the European Regional Development Fund, Greater Birmingham and Solihull LEP and Local Authority partners.

Call Blue Orchid on 0121 516 0330.

The sessions are as follows:

Session 1 - Exploring Enterprise

  • Reviewing the best legal structure for your business
  • What is self-employment and how do I register

Session 2 - Market Research

  • Information and tools to help you research your idea, identify your target market and your competition
  • Branding and promoting your business
  • The tools to implement a successful sales strategy
  • Understanding your business start-up costs and raising finance

Session 3 - Finance and Legal

  • Understanding your business start-up costs and raising finance
  • Developing financial forecasts to assess the viability of your business idea
  • Income Tax, VAT and Corporation Tax
  • Accountancy Records and Invoicing

Session 4 - Business Planning

  • What is a Business Plan?
  • Do I need a Business Plan?
  • Where do I start?
  • Using a Business Plan for gaining finance

Book your place on the 23 to 26 January sessions.

Book your place on the 13 to 16 February sessions.