The Start Up Ready programme provides free business support for entrepreneurs who wish to start their own business. A training initiative for local residents who wish to set up an enterprise or have an interest in becoming entrepreneurs. Delivered in partnership with London Small Business Centre, part of the Nwes Group, Tower Hamlets residents can develop the practical skills required to become an entrepreneur including:

  • creating a business plan
  • bookkeeping and accounting
  • choosing a business model
  • learning effective marketing techniques
  • understanding intellectual property
  • 1-to-1 business support is also available to start-ups who may require it

 

Individuals who complete the start-up programme will have an opportunity to receive advice on accessing business funding from a range of sources.

Content

Delivered over 4 days, this comprehensive course covers all you need to know to start your own business.

Day 1: Introduction to Enterprise

  • pros & cons of running your own business
  • introduction to business planning
  • market research
  • legal structures
  • business insurance

 

Day 2: Marketing

  • understanding your target market
  • unique selling proposition
  • pricing
  • promotion

 

Day 3: Business Finance

  • start up and running costs
  • cash flow forecasting
  • profit & loss
  • break even
  • profit margins
  • introduction to tax, NI and VAT
  • basic book-keeping

 

Day 4: Writing a Business Plan

covers the completion of all sections of a typical business plan using our business plan template

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“At the beginning it’s essential to be involved in as many facets of the business as possible to be able know how your company works inside out and discover what your strengths and weaknesses are. This then lets you know what you need to look for in the people that will be joining your team.” Heidi – Daughter of Jon

Eligibility criteria

You are eligible if you are a Tower Hamlets resident wishing to start your own business or have a small business that is not yet economically viable.

We review any application on its merits; however we do have a general eligibility criteria which must also be met.

How to apply

To find out more about the Start Up Ready programme, contact us today on 08456 099 991 or email via info@nwes.org.uk 

Register to join the programme by completing the application.  For further information you can call Tower Hamlets on 020 7364 2278 or email thenterprise@towerhamlets.gov.uk

Credits

This programme is funded by the London Borough of Tower Hamlets, and delivered by London Small Business Centre, part of the Nwes Group.

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General Enquiries: 08456 099 991

Property Enquiries: 08454 374 465

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