What does a typical timescale look like?
Here are some key dates that students should work towards when they take part in Company Programme
This is a ‘typical’ timetable and should not be considered mandatory. Some teams take longer getting started or are only up-and-running as an enterprise much later.
|Week 1||Starting Up||Meet your Business Adviser and gain an overview of the YE Company Programme and what’s involved with starting your own student business.|
2 – 3
|Creating the Board of Directors||Decide on the structure of the student company and allocate job roles.|
3 – 5
|Generating the Idea||Identify potential products and services that could fill a need or solve a problem and determine which ideas are worthy of further consideration.|
4 – 6
|Business Planning||Make final decisions on which idea to move forward with and start to develop a business plan.|
7 – 9
|Launching||Finalise the Business Plan/Canvas and plan the launch of the product/service.|
|Week 9 onwards||Running the Enterprise||Student companies hold weekly meetings, setting their own agenda, operating and growing their student company.|
|May – July||Winding Up||Close down the student company, selling off remaining stock and decide what to do with the profits.|
|May – July||Looking Back and Next Steps||Create/update CV, LinkedIn profile and a personal action plan using the knowledge skills and experience gained throughout the programme.|