Set Up / Start Up
Early-stage planning and processes for pre-setup and initial business development. Comprehensive business setup checklists, sanity checks, and expert guidance, and networking, all aimed at getting your business up and running swiftly and efficiently.
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Setup / Startup
Introduction & Overview
Start thinking at this stage about how the business will be managed. Be aware of the 10 key things that will determine its success.
The setup / startup phase is the foundation of the entire business development process and is crucial for future success.
Getting this phase right from the beginning involves more than just launching a product or service; it requires establishing a solid business foundation through thorough market research, a clear business plan, sound financial planning, and a strong legal and regulatory framework.
This phase sets the tone for the company’s operational efficiency, market positioning, and long-term viability. Properly navigating the startup phase ensures that the business is well-prepared to meet challenges, seize opportunities, and scale effectively, ultimately maximising its potential for sustained growth and success.
Who is ths for? :
Entrepreneurs, investors, business owners, corporate executives, and business professionals looking at specific tasks within the Business Development Process
"An overview of the steps involved in setting up a business"
What we offer? :
Coaching : One 2 One
Consulting: Project led
Training: Online or Onsite
Engagement? :
Letter of engagement, TOR, Deliverable Milestones, Non Disclosure
How much does it cost? :
Dependent on services required.
Costed hourly + expenses.
Registration, Classification & Regulation of Businesses.
1. Forms of Business.
Overview, introduction and support to the forms of legal entities in the UK, Europe and the USA.
2. Registration Processes & Initial Filings.
3. Business Classifications. The use of National and International Classification systems during business setup, planning and operations.
4. Regulated Businesses. The set up of busiensses that require Local, National or International permits and licenses to operate. Advice on planning and applications.
5. Support for identifying and briefing professional service partners.
Overview of Accounting, Legal & Tax Systems
Our Setup / Start up Briefings are designed to provide background information on the processes involved and the options availabe on Accounting and Tax systems and the Software available to support your business needs in the UK and elsewhere. A network of experienced financial advisors exist to ensure that the business complies with all current legislation and can provide services as required
1. Accounting Systems
Introduction and overview of Accounting Methods, Bookkeeping systems registration for Tax (Corporation, VAT / TVA / Sales ) in various regions in the UK and around the world. The legal requirements for record keeping, implementing internal controls, preparing financial statements, how to stay updated with current regulations, digital record keeping and electronic filings.
2. Digital Systems
The need for digital systems in modern business from accounting to online filing systems e.g. Making Tax Digital (MTD)
3. Use of Professional Advisors
Technology infrastructure is a key consideration in setting up a business.
Are you beginning to see why Business Coaches and Consultants are becoming widely integrated into startups?
Use of Financial Data for Planning & Research
1. The use and value of accurate Financial Data for successful business development and management. Set your system up at the begining to report the information that you need to manage your business.
2. Introduction to "Data Essentials" Market Demand Forecasting, Capital Requirements and Key Marketing Data. Where to find accurate data for free.
3. Basic introduction to using Large Language Models and AI prompts to gather and analyse data.
4. Laying early foundations for growth and business development.
Initial Funding & Finance
The example questionnaire above will give an indication of the information required to build an initial investment proposal.
The more detailed the information the easier the funding will be.
Assessment of Funding Requirements and Goals.
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Financial Questionnaire
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Basic Business Audit
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Basic Personal Audit
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Simple Risk Profiling
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Existing Funding Availability.
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Internal Sources of Funding
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Retained Earnings
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Personal Debt Funding
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Personal Equity Funding
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Personal Collateral
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Loan Notes & Convertible Notes
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External Sources of Funding
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Bank Credit Facilities
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Sources of Long Term Debt Funding
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Sources of Equity Funding
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Business Angels
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Early Stage Venture Funds
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Non Repayable Funding
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Grants (Local / National / Industry specific)
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Crowdfunding
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R & D Tax Credits
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How good are you and your team? Use a simple psychometry test to find out.
Your Initial Management Team
Who is currently involved and how good are they?
- Leadership
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Vision & Strategy
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Inspiration & Motivation
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Communication
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Decision-Making
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Empowerment
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Ethics and Responsibility
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Management.
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Ability to Execute
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Ability to Plan
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Analytical and Reporting Skills
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Leadership theory & style
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Trait, Behavioural, Contingency
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Situational, Transformational, Transactional
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Servant & Path Goal, Leader Management (LMX)
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Introduction to Psychology & Psychometry
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Types of Pshchometry
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Mitigating Risks
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Building Teams
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Managing Expectations
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Metrics for measuring Management Experience
No business is going anywhere without accurate Marketing Analysis and Planning.
Data is aggregated from several sources to provide analytics and confidence in the planning processs.
The Initial Market
Assessment of the Market
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Customer Profiles
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Demographics
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Geographics
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Psychographics
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Market Size & Growth.
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Current Market Size
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Growth Rate Dynamics
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Key Events / Developments / Triggers
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Market Potential
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Market Segmentation
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Segment Variables
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Segment Profiles
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Target Market and Reasoning
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Competition
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Direct Competition
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Indirect Competition
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Competitive Analysis
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Market Needs & Trends
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Customer Focused
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Technology Focused
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Market Focused
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Distribution Channels
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Channel Types
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Channel Strategies
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Market Entry & Positioning
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Strategy
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Positioning
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Essentials of Market and Brand Plans
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Pricing dynamics and elasticity
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Branding Strategies
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Unique Value Proposition development.
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The Role of Professional Advisors.
Accountants:
Startup and Planning: Provide advice on setting up accounting systems, tax planning, and compliance with financial regulations. They also assist in developing financial projections and budgeting.
Strategy and Growth: Ensure accurate financial reporting, assist with audits, and offer insights into cost control and financial efficiency.
Diversification, Corporatisation, and Divestment: Support financial due diligence, assist in the valuation process, and prepare financial statements required for IPOs or mergers and acquisitions.
Coaches / Non Exec Directors
Startup / setup / planning: Help founders and senior management develop leadership skills, improve decision-making capabilities, and foster a growth mindset. They also assist in setting realistic goals and aligning personal and business objectives
Strategy and Growth: Focus on enhancing team performance, refining leadership styles, and supporting executives in handling growth-related challenges.
Diversification, Corporatisation, and Divestment: Provide guidance on change management, leadership transitions, and maintaining morale during significant organizational shifts.
Consultants:
Startup and Planning:
Assist with market research, business model development, and feasibility studies. They help define value propositions and competitive strategies.
Strategy and Growth: Provide expertise in specific areas such as marketing, operations, or technology. They support scaling efforts by identifying opportunities for optimisation and expansion.
Diversification, Corporatisation, and Divestment: Offer advice on diversification strategies, corporate restructuring, and preparing the company for IPO or sale. They may also perform due diligence and valuation services.
Lawyers:
Startup and Planning:
Provide legal guidance on business formation, intellectual property protection, contracts, and compliance with local and national laws.
Strategy and Growth: Advise on employment law, regulatory compliance, and contract negotiations. Lawyers also play a crucial role in risk management and dispute resolution.
Diversification, Corporatisation, and Divestment: Assist with mergers and acquisitions, corporate restructuring, regulatory filings, and preparing documentation for IPOs or other forms of divestment.