North West Business Development Centre Inc.

The workshop covers issues such as:

• determining the feasibility of your idea
• costing your product or service
• identifying the skills needed to run your business
• business structures, and
• looking at capital requirements and sourcing finance

Download PDF Brochure here

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Planning for Your New Business

This workshop is designed for people who have already attended the Starting Your Own Business Workshop and want to take
their business idea to the next stage.

The 3 hour workshop gives participants the opportunity to map out their business proposal and develop a business plan.

Writing a business plan forces you to think logically and methodically about your potential business idea, assess its chances of success and work out if you can achieve the goals you set for the business. It also helps clarify for other potential business partners, where the business is headed and make it easier to get constructive feedback from others, such as Business
Advisers. It will also assist you in presenting your ideas when approaching a bank for finance. It’s much better to do this before you begin the business than to find out afterwards your business idea was unrealistic!

The workshop covers topics such as:

• Strategic planning and SWOT Analysis (Strengths, Weaknesses, Opportunities and Threats)
• Cash flow planning and seasonality
• Finance requirements of debt capital and leasing
• Market strategy based on market research
• Planning / reporting using a Profit & Loss Statement and Balance Sheet

Download PDF Brochure here

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The Art of Essential Business

In response to demand from our creative clients, the NWBDC conducts an early business start up and growth program exclusively for artists.

The 2009 program successfully completed on the 14th of October 2009 with a Cool Jazz & Art networking evening as part of Small Business Month and the Port Festival. This program was proudly supported by the City of Port Adelaide Enfield and The Department of Trade & Economic Development (DTED).

Artists were supported to plan for their business development and growth as well as being assisted to achieve targeted strategies for marketing their art and forming collaborative business relationships. The article on the right is an example of how the program has helped a local business

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