This course will provide participants with practical advice on starting a successful business.
The tutors are expert consultants from Oxentia, which is Oxford’s Global Innovation Management Consultancy, the renowned Technology Transfer Office of the University of Oxford. Oxentia has a wealth of experience in setting up and supporting small and medium-sized enterprises around the world.
Your two tutors from Oxentia have involvement in both running enterprises of diverse types for themselves and, indeed, in establishing and managing enterprises for clients and facilitating agencies. The pace of the programme is necessarily quick as there is much to consider when creating a business entity. Coverage of the following key issues will be included:
- What are you selling
- Who is the customer (and what is your market)?
- What is your business structure?
- How will you protect and exploit your ideas?
- When might it be wise to use professional advisors?
- Where will your business exist?
- What equipment might you need?
- How can you manage risk?
- What do you need to know about basic accounting?
- How do you set and control your business budget?
- How do you assemble your business plan?
- What are your financing options?
- What do you need to consider when appointing employees?
- How to you launch your business with maximum impact?
It is sometimes necessary and useful to have a narrower geographic perspective on practical implementation steps. Where a narrower perspective is required in this one-day course, we use the UK as the example.