Dates: Tuesday 7th May, Wednesday 8th May, Thursday 9th May and Friday 10th May 2024
Time: 9.30am to 12.30pm
Venue: Online
Click below to find out what’s involved…
Day One – Introduction to Self-Employment and Business Planning Issues Introductions
- What is self-employment and what does it mean?
- Why do it? Pros, cons and characteristics
- Different business structures – which is best for you?
- Can you afford it? – Your survival budget
- Creating a business plan? Who / what is it for? E.g. raising finance, guide for the owner
- Financial projections - What are they and how to calculate the numbers?
Day Two - Marketing, Social Media, Promoting your business Where to start?
- Help! Where do I start? Theoretical models
- What am I selling?
- Defining customers and competitors (who/ where/ when)
- Recognising and developing your USP Creating a Brand
- How to build your brand – consistency is key!
- Marketing v Selling - Advertising v PR Websites and social media
- Creating an e-marketing strategy social media and websites
- Data protection issues and GDPR The ‘how’ of marketing
- The human side of marketing - networking, presentation and events
Day Three – Taxation, Bookkeeping, and MTD
- The self-assessment process
- Taxation rates, registration, deadlines and payment dates
- Taxation of the limited company.
- What is bookkeeping? - Why do it and what are the basics
- The impact of Making Tax Digital on businesses
- Options for bookkeeping including – manual, computerised, desktop and the cloud
- The difference between revenue and capital expenditure including allowable expenses and capital allowances
- Dealing with personal costs e.g. Cars, home, joint costs
- Introduction to VAT and PAYE
Day four - Sustainability, Banking, and Credit Control Sustainability
- What is sustainability? How does it affect me?
- Regulatory frameworks, voluntary and mandatory disclosures
- Where to start – creating ESG targets
- Bank accounts & how to open them (High street banking and alternative options)
- Lending Credit Control • Cash is King
- Dealing with bad payers
To book your place email info@cumbriagrowthhub.co.uk
Need more help? Get in touch …
To find out more contact Lesley Robinson at: Email: LesleyR@cumbriachamber.co.uk Tel: 0844 257 8450
