Enterpise & innovation - lecture six.

"Don't just get a job!"
- Johnny Cupcakes; started a business from nothing, didn't study the nessecary courses before hand. 
Tips
- Do what you love.
- Start a business whilst a student or in a job. 
- Don't do it alone. 
- Write a business plan. 
- Do you research. 
- Seek professional help. 
A business plan; 
- A statement of what you are you going to achieve. 
- It's not what you'll do, it's how you'll do it. 
Why do you need one? 
- To focus your efforts. 
- Set clear objectives. 
- To enable you to track growth. 
- To raise finance. 
- Attract collaborators. Freelanceuk.com. 
Where to find them? 
- A bank. 
- The arts countcil. 
How to write one - www.businessballs.com or www.businesslink.gov.uk
- To get organised you need to decide how you'd like to work. 
- If you want to work as a team then you need a balance of people, people with various different skills. 
- People can play more than one role in a team. 
- Role culture applies to Leeds college of art; each course is self contained and staff stick to their particular role. 
- Task/matrix culture; team effort for a temporary project eg. a festival or film. Creative businesses tend to work like this. 
- Person culture; needing the support of other professionals. 
What culture does your business need? 
- Need to think about what you want to do with the profit to determine your legal status. 
- Only apply for tax reclaiming if nescessary and sometimes this isn't very useful to creatives.