Will Your Business Idea Work?
4.0 (22 ratings)
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Will Your Business Idea Work?

Learn how to test your business idea using these three fundamental tests
4.0 (22 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
3,513 students enrolled
Last updated 9/2015
English
Price: Free
Includes:
  • 1 hour on-demand video
  • 1 Article
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Learn the three fundamental areas to assess before starting a business
  • List 5 things to find out about customers
  • List 5 things to find out about competitors
  • Explain the difference between Primary and Secondary Research
  • Identify 5 Sources of Funding
  • Explain the pros and cons of different types of funding
  • Explain the difference between a Cash Flow Forecast and Profit and Loss Account
  • List 5 skills a business owner should have
  • List 5 principles of setting good goals
View Curriculum
Requirements
  • Students must have a business idea (although this may develop through the course)
Description

If you're thinking about starting a business, but are worried it won't work, then this FREE course will introduce you to the three fundamental activities that you will need to undertake to test whether your idea will be viable, BEFORE you start spending any money on the business.

By the end of this course, you will know exactly what you need to do to start testing whether your business idea will work.

I have started two businesses and so can personally guarantee that assessing the feasibility of your business is essential. I have also coaching and trained over 300 people who have worked to start a business and those who have been most successful are those who have thoroughly assessed their business idea using the concepts introduced in this course.

It is really important to understand what you need to know before you start the business so that you can ensure that when you do start, that it will be a success.

It can be really exciting dreaming about starting your own business, but a lot of people never take that step because they are too scared that it won't work. So they stay in their comfortable, but often dissatisfying jobs and can often feel that they just aren't able to fulfil their potential, or spend enough time working on the things they are passionate about.

However, with the right support, you can explore your business idea to test whether it will work without taking any risks.

And that is where this course will really help. Through this course, you will be taught what you need to know before you start the business so that you can then test it thoroughly before you make any big leaps.

You will learn about the three fundamental areas which you will need to test before you take any steps to start the business and research shows that business owners who investigate these areas thoroughly before they start their business are much more likely to succeed.

This course is totally FREE so if your dream is to run your own business and live a life the life you deserve, then let's start investigating whether this could be a reality for you.

Who is the target audience?
  • This course is for someone who would like to know the basics of how to assess their business idea to test whether it will be successful
  • This course is not for someone looking to generate a business idea
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Curriculum For This Course
8 Lectures
01:01:38
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Introduction
2 Lectures 03:05

You will be introduced to the content of the course and will understand how to take the course.

Don't forget to download the checklist which is found in the resources section!

Introduction
02:58

Additional Support
00:07
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Fundamental Feasibility Tests
3 Lectures 27:12

By the end of this section, you will understand why market research is so crucial before you launch your business, how to conduct it and the different types of market research.

Market Research
09:36

You will learn about the different sources of finance available and be able to explain the pros and cons for each area. You will be able to explain what a Cash Flow Forecast and Profit and Loss Account is.

Finance
06:40

You will be able to list 5 essential skills for business owners to develop and understand how to put together some really good goals.

Business Owner Skills
10:56
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Bonus Material
3 Lectures 31:20

So now you know the three fundamental tests for your business idea, you'll need to decide what to do next!

Please contact me directly for further information on the next course.

Bonus Lecture
03:56

Get a sneak preview of part of the webinar 'How to Start a Business - What and How'. The full version is found in the full course.

Sneak Preview - Webinar: How to Start a Business - What and How
08:27

In this lecture I go through the full course in much more detail so that you can decide if the course is for you, including the content, all the bonuses and who the course is designed for.

How to Start a Business Course - Is it for me?
18:57
About the Instructor
Kristiina Woollard
4.1 Average rating
32 Reviews
5,656 Students
3 Courses
Enterprise Advisor

Kristiina has helped hundreds of people interested in starting a business over the past five years. She has delivered hundreds of workshops and one to one business coaching sessions. Her clients have ranged from tradespeople and shop owners, therapists and hairdressers, cafe owners and healthcare professionals to online and offline trainers and coaches. If you want to start a business, Kristiina has probably already helped someone starting a similar business.

Kristiina came from a background of Management but moved into Enterprise after she discovered how passionate and motivated these individuals were. Kristiina has started and grown one business and is in the process of starting her second business, so can appreciate first hand, the struggles and challenges which a business owner faces. Kristiina combines her training and coaching experience to help you overcome obstacles and learn the skills you need to start a successful business.