York Entrepreneurs: The Pitch » Day 2 of ‘The Pitch 2009’
Day 2 of ‘The Pitch 2009’. All business plans have now been submitted and judging is now in process. Three teams are set to be eliminated, losing out on their chance for that £600, as the competition heats up.
The events of the day went as follows:
11am – 12pm: Workshop by Jon Greenwood – Director of Commercial Services at The University of York, ‘The challenges faced by on campus businesses and advice on how to overcome these.’
David Coppard from Team Ebor said: “it was an inspiring experience which successfully helped towards our final business plan”
12.45pm – 1.15pm: Workshop from David Leung – Lecturer of accounting and finance at The York Management School, ‘How to construct a profit/loss and cash flow and the reasons for their importance for financial planning and budgeting.’
Scott Murphy, Secretary, stated: “David’s presentation was invaluable to the teams and thoroughly demystified financial planning methods. Afterwards, the teams appeared more confident in dealing with areas relating to finance and profit/loss accounts.”
1.30pm – 2.30pm: Workshop by Andy Jackson –Head of Business Development, University of York, ‘Key components of a Business Strategy and how to construct a business plan.’
Oliver Morbey, Events Director, told us what he thought of the day so far: “I think we were successful in providing a series of workshops that cater to the needs of everyone rather than just finance, management or economics students.”
After this, the teams set off to use knowledge gained from workshops to refine their current business strategies.
With all teams done for the day, the judges will now be the ones to decide which of them make the cut.
Results will be announced shortly!
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