Build a Biz

Online Challenge

Developing a business idea

An overview of your business idea

The business plan is a document, which presents your vision & mission of your new business. Within it you can realise your goals in terms of:

Sales
Marketing strategies
Finance

It's a great tool for for analysing the reality of your idea.

To keep on track

Many young people want to start a business. It seems really attractive to work for yourself!

Being your own boss
Being creative
Work you care about
Making money

But there are drawbacks and risks, especially at the start when all the related costs and other aspects become clear. Writing a plan will require you to face these head on and detail realistically for all eventualities.

Securing trust

A rounded business plan will secure you trust from potential investors and potential clients that you know what you're doing and can fulfill the plans you've indicated within to be successful.

It will help you check accountability:

Business objectives
Customer profile
What makes you different/better
Investment required
Earnings
Resources

Learn more @ youth empowered.ie

Check out our #BuildaBiz Challenge!
Our #BuildaBiz challenge is a programme to help you come up with a successful business idea. Watch the below videos to get more of an idea about the basics of starting a business.

Our last challenge kicked off in Summer 2020 with our video launch. Workers at Youth Action Northern Ireland created tasks for the young people to take part in which included:

Writing a business plan

Developing a product

Pitching and launching a business

#BuildaBiz challenge 2020 Launch videos

01

02

03

04

#BuildaBiz challenge 2020 Business plans

The first challenge for the 2020 participants was to create a business plan - Find out a bit more about their businesses below:

Slide title

KeKe's Kracking Eggs

See full picture
Slide title

Wreaths by Rhi - Business plan

Button
Slide title

Kodiy business plan

Button
Slide title

Ocean Dynasty Business plan - #BuildaBiz 2020 winners!

Button

#BuildaBiz challenge 2020 Product development

The 2nd challenge for our participants was to develop their products. Check out the below pictures to find out more about the logos and and prototypes!