Power Hour: How much cash will I need to start my business?

Learn how to budget for your new business, understand start-up costs and plan your finances at this free Sheffield workshop.
About this Event

Wondering how much money you need to start a business?

This free, in-person workshop will help you understand the typical costs of starting a business and show you how to plan your finances before you launch.

Whether you're starting a small business, freelancing, opening a shop or turning a business idea into reality, understanding your start-up costs is one of the most important steps you can take.

Led by experienced Business Sheffield advisors, this practical session will help you identify the costs involved in starting a business and give you the confidence to build a realistic budget.

What you'll learn

During the workshop you'll learn how to:

• Estimate the costs of starting your business
• Plan a realistic start-up budget
• Identify one-off and ongoing business expenses
• Understand costs such as stock, equipment, marketing, websites, software, insurance, rent and wages
• Avoid common budgeting mistakes made by new businesses
• Plan your business finances with greater confidence

What you'll leave with

By the end of the session you'll have:

• A clearer understanding of how much it could cost to start your business
• A practical framework for creating your own start-up budget
• Greater confidence in planning your business finances
• The knowledge to make informed financial decisions before launching your business

Who should attend?

This workshop is ideal for:

• Aspiring entrepreneurs
• People thinking about starting a business
• Freelancers and sole traders
• Start-ups and new businesses
• Anyone who wants to understand business start-up costs before launching

No previous business experience is required.

Date: Tuesday 25 August

Time: 10:00 am - 11:00 am

Location: Electirc Works 3 Concourse Way S1 2BJ

*** Spaces are limited if you can’t make an event, it’s no problem as long as you let us know before the workshop. If you sign-up and don’t attend an event, we will contact you afterwards to check in and if this happens more than once, it may jeopardise your ability to sign up to future events. If sales have end before you get the chance to book, Call 0114 224 5000 and we'll work it out.