Beruflich Dokumente
Kultur Dokumente
1
Health Audit
● Is your health good?
2
Time Audit
Do you have any commitments which are
time consuming such as:
● Aged parents
● Children
● Disabled relatives
● Other employment
3
Personal Finance Audit 1
Examine the following in detail:
● Your current assets
● Your current debts
● Current debts of dependents
● Your regular annual income (if any)
4
Personal Finance Audit 2
Examine the following in detail:
● Cash in bank
● Your regular financial obligations
● Other financial commitments which are
irregular
5
Personal Finance Audit 3
6
Things to note
7
Things to note
8
Things to note
9
Factors to beware of related to premises (a)
• Long leases. Your circumstances could change over
time. You could find yourself liable for the total sum of
the lease for the agreed period, if you wanted to vacate
your premises
• Frequent rent review clauses. If these are too frequent,
the landlord/landlady will have many opportunities to
increase your rent and you will have to comply
• Break clauses. Be sure you understand the conditions
under which you can vacate or be vacated from your
premises
10
Factors to beware of related to
premises (b)
12
1. Title Page
13
2. Table of Contents
14
3. Introduction
15
4. Name of Proposed Business
• What are you going to call your business?
• Be sure not to use a name that is already
being used in your intended trading area
• Check the names of the local design
companies in the yellow pages
• When registering your company in real life, a
patent attorney or a solicitor would have a
search made to ensure that the name you
intended using was not already in use
16
5. Kind of Design Service You Intend
Offering
• A brief description of the kind of design service you
intend to make available in the marketplace
• Make sure there is sufficient demand for this
service/product
• You should have a clear idea of the potential
market for your service/product in your intended
trading area
• Also, you must have a good knowledge of your
direct and indirect competitors
17
Part 2
18
6. Direct and Indirect Competition
Direct competitors are those who specialise in
providing a service or product in your intended
market, which is equivalent or similar to what you
intend offering
Indirect competitors are those who offer such
services or products as side lines in your intended
market
19
7. Premises
• Type of premises you intend using for your proposed
business
• Size, location and proximity to your intended market
• Rent or leasing costs, rates and any other
associated costs such as electricity, cleaning, etc
20
8. Furniture and Basic Equipment
• Basic equipment you will need
• Don’t go for the cheapest, buy the best you
can afford
• Go for quality that will last, provide comfort
and create the right impression with clients
21
9. Computer Equipment
22
10. Internet Charges
23
11. Transport
24
12. Insurance Costs (a)
25
13. Insurance Costs (b)
● Stock, fixtures and fittings
● Plant and machinery insurance if the business will
have plant and machinery
● Employment protection insurance (disputes with
employees)
● Consequential loss insurance (losses in revenue due
to fires, accidents, etc.)
● Personal health and life insurance
26
14. Hourly Cost Rate
27
15. Summary of Costs
28
16. Startup Capital
29
17. Breakeven Point (a)
30
18. Breakeven Point (b)
31