The Central, South Oxfordshire

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• Welcome
• The Central, South Oxfordshire Vale
• Advisor Link Teacher
• Briefing Session
• Supported by

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INTRODUCTIONS HEALTH SAFETY

• Jeff Lloyd Development Manager
• Lynn Shepherd Area Board Chair Central
• Dennis Robbins Area Board Chair S V

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Young Enterprise Company Programme

• Short video clip

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Agenda for the session

• Introductions
• Video - Company programme
• What is new for Company Programme
• Roles and Responsibilities (Groups)
• The new Company website Sign up process
• The New Oxfordshire website
• Guidance and Support
• Questions ??

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About Company Programme
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About Company Programme

• For students aged between 15 to 19 years old
• Students
• set up and run their own real company over one
  year
• raise capital by selling shares
• plan, design and develop a product or service
• sell their product or service to the public
• liquidate their company at the end of the year.

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About Company Programme

• Students
• normally volunteer to participate unless run as
  part of the curriculum
• take responsibility for running the company the
  company belongs to them
• have a support team
• Business Advisers
• Link Teachers
• YE Staff and Board Members
• have access to the Company Programme website and
  programme materials.

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Company Programme New Programme Materials
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Whats Changed?

• Start-up Pack
• Link Teacher File
• Business Adviser File
• Admin Box
• Director File
• CD

New Start-up Pack
New BA/LT Guide
New Admin Box
New Director Diary
New Website
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New Start-Up Pack

• Registration Document
• to help with online registration
• (more about this later)
• Welcome Brochure
• Promotional information what you get
• Outline of first three meetings (basic guide)
• Create an innovative YE company
• Function Director Roles
• Choosing a Product or Service

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New Business Adviser/Link Teacher Guide

• Getting ready to run CP
• Roles of LT and BA
• Company Cycle
• Achievement and Accreditation
• Preparing for Next Year
• Includes model outline of the year

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New Admin Box

• Share Books
• Certificate of Incorporation
• Insurance Certificate
• Invoice
• Letters to MD, LT, BA
• Letter to bank and bank forms
• Product stickers
• Card to print business cards on
• Brief admin guide to qualification
• Competition criteria

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Admin Documents Available Online

• Mem. and Articles-not in new admin box)
• Business Card file for printing
• Certificate of Incorporation
• Insurance Certificate
• Invoice
• Automatically generated for each company
• Available online through Company Resources
• Can be downloaded and printed

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New Director Diaries

• Regional Sheet (if required)
• Information Pages
• Website Outline
• Outline of Roles Themes
• Legal and Insurance summary
• Diary
• Contacts
• Notes

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Roles and ResponsibilitiesExercise discuss
chart 10mins MaxFeedbackLS
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Roles and Responsibilities
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Roles and Responsibilities

• Link Teachers
• Promote YE in the school and recruit students
• Supervise company registration online
• Co-ordinate logistics and administration
• Support and communicate with advisers
• Support students

• Business Advisers
• Lead the first couple of company meetings
• Motivate and inspire students
• Act as a consultant and mentor
• Ensure that companies stick to the Legal Rules
  and guidelines

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More about Business Advisers

• Business Advisers
• bring valuable knowledge and experience from
  outside school
• become role models and mentors for students
• provide a link between the school and local
  business
• are identified by their VR number
• have agreed to abide by the Volunteer Code of
  Conduct
• have undertaken a Criminal Records Bureau (CRB)
  check.

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The New Company Programme WebsiteJL
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New Company Programme Website

• www.young-enterprise.org.uk/company

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Registration www.young-enterprise.org.uk/company
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Important Changes to Registration

• Registration will be online only
• It is essential that the correct Link Teacher
  email address is entered at registration
• LT will be emailed the website passwords to hand
  out to their students
• BA will also be emailed their password if this is
  entered at registration

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New Company Programme Website
Company Tools
Guidance
My Messages
General Guidance
Company Calendar
Function Guidance
Company Tasks
Company Resources
Ask the Experts FAQs
Company Accounts
Read FAQs
Company Profile
Submit a Question
Company Member Profiles
YE Network
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Company Calendar
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Company Tasks
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Company Resources
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New Online Accounts System

• Finance Director is given permission by the MD to
  edit the Company Accounts
• Finance Director can
• Enter payments/receipts
• Enter creditors/debtors
• Create reports (monthly, interim and final)
• All students can view accounts and latest reports

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Online Guidance
General Guidance
Function Guidance
For each function...
Introduction
Guidance
Running Your Company (The Company Cycle)
Video
Resources
Videos
Progress Check
Themes
Rules Guidelines
Search Bar
Glossary
YE Tube
Forms and Downloads
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Ask the Experts FAQs

• FAQs grouped by function roles and topic
• If a student cant find the answer to their
  question... Submit a new question
• Young Enterprise Alumni and other experts will
  answer students questions

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Permissions

• The Managing Director can edit permissions
  settings to restrict access each student has to
  the website
• This will enable the MD to manage most problems
  with the website themselves
• Link Teachers and Business Advisers have full
  permissions in every section of the website

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What can I do with my website account?

• Edit registration details
• Select which student is the MD
• Change the company name online
• Deactivate a students account if necessary
• Monitor what students are posting to their
  company profile and company member profiles
• Access further BA/LT guidance and forum online

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The Company CycleA Quick ReminderDR/LS
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Stage 1 Getting Started

• Initial briefing meeting (BALT)
• First Company Meeting (BA)
• Register the Programme Online (LT)
• Hand out usernames and passwords to students (LT)
• Start using the new Company Programme website
  (everyone)
• Company Programme kit arrives at lead school
• Second Company meeting (BA/MD)
• Update which student is MD online (BA or LT)
• Open Bank Account (Students/LT)

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Stage 2 Planning

• Third Company Meeting
• By this time the Managing Director is leading the
  company
• Business Adviser acts as a mentor and consultant
• Link Teacher does not need to be present at every
  meeting
• The next few Company Meetings
• Students are developing their Business Plan and
  Production Plan for their company
• When students are selecting their product or
  service the Business Adviser must make sure that
  they are following the Legal and Insurance rules
  and guidelines

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Stage 3 Up and Running

• Meetings
• Weekly
• Agenda issued in advance
• Establish a routine
• Involve production session
• Monthly Board meeting
• All students attend
• Review progress make decisions on future
• Production
• All students involved
• Christmas market / Trade Fair
• Adviser
• Support, motivate, guide
• Let the students run the company and make their
  own mistakes

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Stage 4 Sales and Trade Fairs

• Sales
• Students should be supported to explore all
  opportunities to trade with the public (within
  the legal and insurance guidelines)
• Trade Fairs
• Organised by local Boards or area staff
• Opportunity for companies to exhibit sell to
  the public
• Check website for local dates and venues

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Young Enterprise Qualifications in Enterprise

• Administered by OCR
• Levels
• Level 2
• Level 1
• Entry Level 3
• Information sent by OCR to Examination Officers
  in schools
• Link Teachers receive a copy of the Brief Admin
  Guide to the qualifications in the admin box
• Company Programme can also support a number of
  other qualifications including the new Diplomas

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Exam process 2008/09

• 23rd Jan Single copy case study sent
• 17th Feb Entry deadline for exam units
• 13th March Exam case studies and papers sent
• 24th Mar Examination date
• 16th June Exam results sent to centre

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Rules and GuidelinesImportant rules to remember
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Rules and Guidelines

• The Company Secretary must be familiar with the
  contents of the Legal Responsibilities and
  Insurance Cover section of the website guidance
• Trading is supported by a 10M product and public
  liability insurance policy however there are
  restrictions see Prohibited Products on the
  online guidance
• Companies are not allowed to use electronic
  banking or payment service providers or engage in
  credit card transactions
• There are rules about the Share Capital that must
  be followed
• If setting up an external website students must
  follow the guidance on the web site fact sheet

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Rules and Guidelines

• Charitable status
• Young Enterprise is a registered charity.
• As a consequence Young Enterprise companies
  cannot trade on the fact that they plan to donate
  money to another charity.
• At the AGM when the final accounts are presented
  to the shareholders a vote can be taken if the
  company wishes to donate some of the profits to a
  charity. Any giving should be after YE VAT and
  Corporation Tax have been taken into account.

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Rules and Guidelines

• Sponsorship
• Straightforward sponsorship to companies is not
  allowed except as a contribution to the
  registration fee or qualification fees

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Guidance and Support
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What Resources are There to Support You?

• Business Adviser/Link Teacher Guide
• Explains the two roles in detail
• Step-by-step guide to the year
• Full Outline of the year
• Curriculum links and qualification information
• Company Programme website
• Extensive student guidance about running a
  company
• Specific further guidance for Business Advisers
  and Link Teachers

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Other Resources to Support you

• Your fellow Link Teacher(s)
• Your fellow Business Adviser(s)
• Area Link Board Member
• YE Development Manager
• Trade fairs
• A Business Adviser/Link Teacher forum available
  through the Company Programme website

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Tips for Engaging with Students

• Let students feel that their opinions are valued
  and respected
• React positively to wrong answers
• The more enthusiastic you are, the more motivated
  your students will be
• Aims and objectives of the programme must be made
  clear at the beginning so students know what to
  expect
• Present information with a high degree of clarity
  and enthusiasm
• Focus on one point at a time

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Contact Details

• Area Board Members See website
• Area Board Chairs Lynn Dennis
• Development Manager Jeff Lloyd
• YE Oxon Website contains contact details.

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www.yeoxfordshire.org.uk
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Thank YouAny Questions?