THE WORK FOUNDATION PARTNERSHIP LTD
AIMS
1. To provide individuals with the knowledge required to start up their own business, assisted by an experienced business advisor/partner, for at least the first three years.
2. To provide a backup facility of expertise from a database of early retired professionals and other suitable advisors.
3. To provide a clearing house to introduce those persons with experience and finance wishing to participate in small business.
HOW DO WE DO THIS?
Business Start-Ups:
a) To provide an initial free of charge assessment of the proposed business or business plan.
b) To provide guidelines for the prospective business as to how best to approach the set-up procedure and how the finances should be organised in the proposed business.
c) To give guidance as required free of charge during the setting-up procedure.
d) To provide a co-ordinator to act as a counsellor / business friend during the first three years of business to be able to provide a "talking board" whenever needed and also access to business information and/or help.
e) To provide a back-up facility of experts from within our professional database.
f) To provide a clearing house to introduce those persons with experience and finance wishing to participate in business.
Buisiness Expansions:
To examine propositions from expanding companies as to how best to achieve their goals.
As every business is different, and the personnel individual to that business, it is impossible to generalise, but always will be applied the following:
a) The personnel must come first;
b) The aspirations of the individuals do not have any adverse 'knock on' effect;
c) The goals are realistic and achievable; and
d) The finance required is what is actually needed immediately, as well as for the future.
Business Assessments:
Whenever making any assessment, the folowing are the parameters followed:
a) The motives of the individuals involved in the proposed business are examined;
b) The credentials of the individuals within their business world are examined;
c) The suitability for the individuals of the proposed business;
d) The construction and content of the business plan;
e) The sales and marketing plan of the proposed business;
f) The potential for viability of the proposed business;
g) The business plan 'financial cash flow'; and
h) Last but not least, will the proposed business 'work' for those individuals?
© Copyright, The Work Foundation, 1997.
