April's Training Event was 'Starting your new business and what to consider' with Sandeep Sesodia.

Sandeep is the Relationship Manager within the Corporate Banking Lending Business and Healthcare sectors at RBS and has an active role in the business community and the Hampshire Chamber of Commerce. He has over 30 years experience in banking and finance, business development within the sectors and in the wider business community.

He aims to work with customers to develop their business and to achieve strategic and long term goals, originate and structure new businesses to meet client needs and provide appropriate lending solutions and develop new customer relationships by collaborating with colleagues and with key business partners and professionals within the Business and Healthcare sectors.

When people say to think outside the box, he asks "why does it have to be a box?"

At the Training Event, Sandeep explored what is required in a business plan and answered questions about how this should be dealt with. He said the three questions which should be considered when starting a business are: Where are you now? Where do you want to go? and How do you get there?

A business plan should be about 10-12 pages long, with a page for each section, with the last section covering the 'what if' scenarios. This shows the bank manager that you have considered the possibilities of where your business could go and how you would deal with them.

The training was very informative and helpful and had a very successful turnout by current and future members of JCI Southampton. 

Don't forget to keep an eye on our Events page and Facebook page to hear about our future training events!