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. |
| Week 2 – 3 |
Creating the Board of Directors | Decide on the structure of the student company and allocate job roles. |
| Week 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. |
| Week 4 – 6 |
Business Planning | Make final decisions on which idea to move forward with and start to develop a business plan. |
| Week 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. |