InPress Presentation Prep

Today we all sat down and started mapping out our presentation. We decided that Sadie and Niall are going to be the main speakers and we will all answer questions at the end. We made notes for each slide, outlining roughly what we are going to talk about. There are ten slides in total each for a different aspect of our research-

1. Logo and advertisement
2. Competition
3. SWOT analysis
4. PEST analysis
5. Funding
6. Studio space
7. Equipment
8. Finance
9. Marketing and promotion
10. Summary of previous nights event

Doing this also prompted us to finalise any research that was missing. Sadie and I researched more into funding and what loans and bursaries would be available to us. This is what we found.

There is a grant scheme by Leeds city council that helps out small businesses starting up. You have to be an established business for at least 6 months, so it would be good for upgrading our equipment once we have our studio up and running. As most of our equipment is going to be second hand or made by ourselves, this would be very useful.

Loans of up to £5,000 are also available for people to help finance the initial stage of their businesses.

befund.org is another website that offer different loans to new businesses. They have low rates and also offer mentorship included in the cost of loan.

They also provide a calculator to work out your credit, this could be very helpful to people handling their own finances for the first time.