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The Enterprise Advice service is aimed at people who have a viable business idea or wish to become self- employed and need assistance in the mechanics of planning and setting up the business.

The service also caters for individuals and groups who feel they have a business idea, but are not confident of their ability to assess its viability. In this case the service assists and encourages the individual and groups to expand their idea by working it through a systematic business planning process. 

With the guidance of the business advisor the individual or group will be empowered to establish whether their idea can be suitably translated into a commercial proposition.

Geographically the service currently operates across the Merseyside region.

Developing Business Plans

• Guidance in writing business proposals including financial forecasting.
• Clerical support in preparing and presenting plans.
• Tutoring clients to develop and understand the financial section of a business plan.
• Tutoring clients to develop an understanding of budgets and cash-flow forecasts as management tools.

Funding
• Identify suitable sources of funding grants, loans, etc. and provide advice and "hands on" assistance with meeting the criteria required accessing them.
• Advice on opening a bank account, which may include accompanying the client to the bank.

Administration & finance systems
• Dealing with debts.
• Setting up suitable invoicing systems.
• Setting up book keeping and record systems.
• General advice on taxation and VAT.

Marketing
• Developing a marketing plan with an emphasis on establishing target markets and positioning accordingly.
• Help in developing pricing policies.
• Promotion, i.e. help with writing and designing advertising copy, choosing suitable media, etc.
• Networking: introductions to appropriate networking opportunities - i.e. membership of Business Associations, Business Clubs, The Chamber of Commerce, etc.

Management
• Advice on recruitment to ensure that it is fair, effective and efficient.
• Signpost to Job Link for assistance.
• Sign post to TEC/ELS for employment funding initiatives.
• Work programmes and time management.
• Ability to identify elements of a SWOT analysis (undertaken at planning stage) and to review the external environmental analysis 

Training and Development
• Assistance provided for the client to identify their own training needs and those of their staff in order to effectively run their business. Providing a sign posting service to suitable training providers. 

For More details email Bill Davis 
or Tel: (0151) 298 2478


We now have an on-line guide to developing a Business plan. download it
MS Word format

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We now have an on-line guide to developing a Business plan available to download as  Word Document

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