Start-Up booklet
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1 Start-Up booklet Ung Företagsamhet Skåne Welcome to The Company Program (UF- företagande), 2015/2016 With your own business idea, real money and business contacts you will run a company together with your peers during this school year. In the Company Program you will learn how to take a business idea concept to reality. You will form your own real enterprise and discover first-hand how a company functions. Running a UF-company involves starting, running and liquidating a company of your choice during a school year. For many students, running a UF-company is the most meaningful and fun thing they do during their time in high school. It takes quite a lot of work to be successful during your year with the Company Program; everybody in the company must take responsibilities, co-operate and together solve any problems that you may encounter. The more time, energy and commitment you put in your company the greater your experiences will be. To be able to start working with your company you must be registered at Ung Företagsamhets website, www. ungforetagsamhet.se. The registration opens on 1 September and we recommend that you register and pay the registration fee of 300 SEK per company (not per person) as early as possible. Payment should be made to Bankgiro Don t forget to state your company name so we know who the money comes. When your company and all the members in the company are registered and the registration fee is paid you are ready to start working with your business. In this booklet you will find some brief information about the Company Program that will be good for you to read as an introduction. For more detailed information about the different parts you will encounter during the year and what you need to think about you should read our educational material, Entreprenörskap på riktigt, and browse our website, Updates and current information will be posted on the website continuously so make sure to keep yourself up-to-date on the information there. Please don t hesitate to contact us if you have any questions, you find our contact information at the end of this booklet and on the website. Ung Företagsamhet Skåne wishes you the best of luck and hope you will have a fun and rewarding year! Karolina, Marie, Rose-Marie & Fredrik
2 What is Ung Företagsamhet? Ung Företagsamhet is a non-governmental organization, financed by local businesses, entrepreneurs and communities. Our organization is politically independent and our aim is to help create more creative, energetic and enterprising adolescents. The organization can be found in over one hundred countries; in Sweden we started in 1980, in Skåne In Sweden, Ung Företagsamhet is divided into 24 separate regions North to South, with some 100 employees. During the previous school year, 2014/2015, there were students attending the Company Program in Sweden, in Skåne we had 2388 students divided between 716 companies. In Skåne the Company Program is currently represented on about half of the high schools in the region. Ung Företagsamhet also has education material directed towards the younger school years; Vårt Samhälle and Se Möjligheterna. And concepts that can be used as an introduction or a complement to the Company Year; Min Framtid och Ekonomi and Enterprise without Borders (EwB). These all help to create a common thread throughout the Primary and Secondary School system in Sweden. When you are in contact with media you should always leave the above information about the organization Ung Företagsamhet. In Swedish: Ung Företagsamhet är en ideell organisation som främst finansieras av det lokala näringslivet och kommunerna. Vår organisation är partipolitiskt- och arbetsmarknadspolitiskt obunden. Vårt syfte är att skapa fler kreativa och företagsamma ungdomar och då främst genom att låta gymnasieungdomar mellan år få chans att driva ett UF-företag under ett läsår oavsett program eller skola. Ung Företagsamhet består av 24 fristående regionkontor med ca 100 medarbetare runt om i Sverige. I dag finns vi i över hundra länder och organisationen startade i Sverige Skåne har haft verksamhet sedan Under läsåret 2014/2015 drev elever, UF-företag i landet. I Skåne bedrivs verksamhet på 64 av drygt 130 gymnasieskolor, under läsåret 2014/2015 fanns 716 UF-företag och 2388 elever. Ung Företagsamhet arbetar även med utbildningskoncept för grundskolan; Vårt Samhälle och Se Möjligheterna. Samt två koncept som kan fungera som introduktion eller komplement under UF-året; Min Framtid och Ekonomi samt Enterprise without Borders (EwB). Tillsammans bidrar koncpeten till att skapa den röda tråden av kreativitet och entreprenörskap i skolan som Ung Företagsamhet erbjuder barn och ungdomar i Sverige.
3 To choose a business idea It is finally time to get started! The first step for your company is to come up with a business idea that you are really passionate about and feel strongly for. A business idea does not have to be a revolutionary idea, it can also be a new version or a modification of an already existing product or service. It is important that you scan the market ; is there a need and an interest in our product or service? Naturally your business idea must follow Swedish law and the policies of Ung Företagsamhet, see the student handbook page 111 for details. Tip! Don t let the process of coming up with an idea for your company take too long. The sooner you can make a decision and get started the better. Do you have problems coming up with an idea? Consider what you enjoy doing? (hobby, leisure activities) what you are good at? (computers, welding, dancing, cooking, carpentry) if there is anything that irritates you? (disgusting dish cloths, a messy closet)... if there are any products or services that you think are missing on the market, or that you would like to improve Tip! Choose a target group (for example families with children, seniors, disabled persons, teenagers) and go out and ask them about their everyday problems and see if you can get any ideas them. Try to see the possibilities in each idea or suggestion that you or your colleagues come up with and don t be too quick to say No.
4 From idea to company in one year! The Company Program is divided into 5 mandatory elements and another 3 elements that you, together with your teacher, are free to choose depending on your company and the preferences within your group. When you have completed these tasks and you get a minimum grade of Pass on the course in which you are pursuing the Company Program, you will receive a UF- certificate at the end of the year. The certificate is an asset for you when you want to apply for a job. We also offer the UF-students to participate in a few events throughout the year, such as a kick-off in September and the regional fair in March. Mandatory elements Registration. Opens 1 September. You should be registered by 31 October 2015 Business Plan. Deadline 30 November 2015 Have a minimum of 2 sales opportunities Have at least 1 meeting with your /s Annual report. Deadline 17 May 2016 Examples of additional elements Create a logotype Create articles of incorporation Make an environmental plan for your company Find more sales opportunities Make a marketing campaign Teambuilding for the company members Create a film for advertising purposes Make an extended annual report Write a press release Counting with VAT Expected wages 5 completed mandatory elements + a minimum of 3 additional elements + at least the grade Pass on the main course = certificate Ung Företagsamhet
5 Registration There are two separate parts to complete your registration. First you need to register on our website, You register your company, all company members, one or more s and your teacher. Second you must pay the registration fee of 300 SEK per company. This is done to Bankgiro Don t forget to state your company name when you pay! The registration fee covers a basic insurance with Nordic Försäkring during your year with the Company Program. For details of what is covered please visit our website. When your registration has been approved you can print your company s registration certificate (proof of registration that you will need to open a bank account). Before the completion of your registration you may only sell venture capital for 300 SEK. Trade Fair Marketing Sales Production Liquidation Registration Purchase Annual Report Term Ends Term Begins Business Idea Business Plan Annual General Meeting
6 Schedule August-September Come up with a business idea Find a suitable for your company. Feel free to have more than one! Plan your first board meeting (notice to the board, protocol) Decide upon your organization and management Conduct a market survey to find out if there is a need and interest in your product or service Make a budget and cash flow budget Decide on your company name and logotype Register on Pay the registration fee Print company registration certificate Open a bank account Sell venture capital Kick-On at Helsingborg Arena in Helsingborg on 8 October October-December NOTE! Students in Skåne should be registered no later than 31 October Business Plan, deadline 30 November. Hand it in to your teacher to have it approved. Board meetings, administration Contacts with your. Note that you need a minimum of one meeting with your to be able to receive a UF-certificate at the end of the year. Start your marketing activities Start producing your product/ Order your products Get started with selling your product or service. You need to have had at least two sales opportuni ties by the end of the year to receive your certificate. January-March Board meetings and meeting with s Half-year report, give your teacher a brief description on how you are proceeding with your company Sign up and pay for the Regional Fair Preparations for the Regional Fair Participate in the Regional Fair and its competitions (voluntary). The date of the regional fair is not yet confirmed but will be displayed on the website as soon as possible. April-May Board meetings and meeting with your s National Championship in UF-företagande, Stockholm Prepare for liquidation of the company Annual financial statements Close bankgiro/postgiro Annual report. Each company must upload their annual report on the website no later than 17 May Distribution of any profits and repayment of venture capital Annual General meeting (invite your s) Evaluation You will find tips and examples of business plans and annual reports on under the tab Dokumentarkiv.
7 Advisors One of the compulsory elements is for your company to find one or more s to your company that you will have personal contact with during the Company Program. Before choosing your you should consider what kind of help you think you might need for you company throughout the year. Perhaps you will need help with finance, manufacturing, marketing or something entirely different. Your should not be a parent or sibling to anyone in the company. Why an? Above all, you can use the s as a sounding board. At times you might, for example, need help finding new approaches to be able to solve a problem or to see other possibilities for your company. The s can also contribute with a wider network in the business world as your own might not be that extensive yet. Do not hesitate to ask for help. You should take help your s as often as you need to but remember that your s have jobs to do themselves. Perhaps he or she cannot help you in the exact moment as you would wish therefore, make sure you plan ahead and respect their time. Patience and planning is the key. Find and get in contact with your as early as possible. He or she can help you with everything business idea to the different reports. There are several different ways you can work with your s. You have to choose yourselves what suits your company the best. Don t forget to invite your s to the Regional Fair! Sales & Marketing As in any real enterprise it is important to promote your company and your products and services. As a UFcompany you often have the advantage that many people think it is fun and interesting to meet young creative people. What marketing and sales methods are right for your company is for you to decide. It will differ greatly one company to another. Here are some examples of places where you might want to be present with your company and ways of marketing your company: Open-house events at school Morning or lunch meetings for local businesses In the local shops Mouth-to-mouth (family gatherings, friends, internet etc.) Flyers Websites Christmas fairs Facebook Have offers and promotions Attend the regional fair Storefronts Door-to-door selling Write a press release Try to make bloggers write about you
8 Insurance Once you are registered as a member in a UF-company and the company s registration fee of 300 SEK has been paid you and your UF-company are insured by the insurance company Nordic Försäkring och Riskhantering AB. Your business insurance includes damage to company property and to damage that the company s products or services may cause others. The insurance also includes operations- and product liability and a personal accident insurance for each company member. In some cases the insurance might have to be supplemented, for examples if your company deals with mopeds, cars, machines or other expensive equipment and if you rent or borrow property in connection with trade fairs or similar. If an accident occurs it is important that you quickly get in touch with the insurance company and follow their instructions. If you have any questions about insurance or think your company might need additional insurance, you can find more information at or you may contact Nordic Försäkring och Riskhantering AB [email protected] Phone: UF-Company and taxes The following applies to tax and VAT rules for UF companies in Sweden: 1. Please note that there is no longer a limit to a UF-company s allowed turnover in one fiscal year (January to December). Hence the earlier limit of SEK is no longer applicable to UF-companies. The following is taken Ingen moms. Tidigare har UF-företag med en omsättning av viss storlek även behövt momsregistrera sig. Från och med juli 2013 anses UF-företagare inte längre bedriva sådan ekonomisk verksamhet som föranleder skyldighet att momsregistrera sig, detta gäller oavsett storleken på UF-företagets omsättning. 2. All company members should declare personal income if earning more than the allowed non-taxable amount, which for the year 2015 is SEK. For more information about taxes please visit
9 Other information Activities Invitations to apply to our events will be posted continuously on our website. Make a habit of checking there regularly to be up to date and not to miss out on anything! Most competitions require participation at the annual regional fair. Some of the winning companies at the regional fair will have the chance to represent Skåne at the National Championship (SM) in the Company Program in Stockholm in May It brings together UF -companies across the country. NOTE! Competing can be a fun addition during the year but is neither a mandatory nor a crucial element of the Company Program. Liquidation and Certificate Late May or early June, depending on when your school year ends, you must liquidate your UF-company. Have you met the required criteria (the compulsory course registration, business plan, a minimum of two sales opportunities, meet s at least once, annual report and have completed at least three additional elements) you will receive a certificate. You can read more about this in the student handbook and on our website. We wish you the best of luck! Contact Us Staff Susan Wahlgren, Regional manager 0709/383717, [email protected] Karolina Engström, Project manager 0707/902868, [email protected] Marie Nilsson, School responsible, secondary school 0700/240325, [email protected] Rose-Marie Drehmer, School responsible, secondary school 0707/475101, [email protected] Fredrik Birgersson, School responsible, secondary school 0731/518789, [email protected] Ung Företagsamhet Skåne Postal address: Box 473, Malmö Visiting address: Jörgen kocksgatan 1B Common [email protected] Webpage: Facebook: Bank giro: Katarina Olsson, School responsible, primary school 0703/288872, [email protected]
10 Calender for UF Skåne, academic year You will find more information about all the events, additional offers and help material in our information letters and on our website, you will find tips, reminders, information about activities and events, competitions and much more. You can also follow us on Facebook, N.B.! Dates may be subject to change, make sure to always read our information letters. Start Run Liquidate Alumni 1 September 30 November 1 December 30 March 1 April 15 June The future Company Program - Teacher: 9 Sep Basic education in the Company Program (Step1) 22 Sep Basic education in the Company Program (Step1) 24 Sep Open house for teachers (UF-office) 22 Oct Open house for teachers (UF-office) 3 Nov Basic economics educaiton for Company Program teachers (Step2) 26 Nov Open house for teachers (UF-office) Company Program - Student: 1 Sep Registration opens 8 Sep UF-turné : Ängelholm 10 Sep UF-turné : Båstad, Klippan 11 Sep UF-turné : Malmö 15 Sep UF-turné : Hässleholm 16 Sep UF-turné : Lund 17 Sep UF-turné : Vellinge 18 Sep UF-turné : Ystad 23 Sep UF-turné : Svalöv, Eslöv 24 Sep UF-turné: Landskrona 25 Sep UF-turné: Kristianstad 1 Oct UF-turné : Osby 6 Oct UF-turné: Trelleborg 8 Oct Kick-ON, Helsingborg 12 Oct UF-turné : Bollerup, Simrishamn 15 Oct UF-turné : Helsingborg 16 Oct UF-turné : Höganäs 31 Oct Registration closes 17 Nov Skypemeeting med UF-staff 19 Nov Skypemeeting with UF-staff 30 Nov Deadline: Business Plan, mandatory element Company Program - Teacher: 3 Dec Teacher-Partner gathering togheter with Transfer 17 Dec Open house for teachers (UF-office) South regional teachers conference, Jan Malmö 18 Feb Open house for teachers (UF-office) 9-10 Mar Regional trade-fair, Emporia 31 Mar Case-education (Step3) 31 Mar Basic economics educaiton for Company Program teachers (Step2) 31 Mar Open house for teachers (UF-office) Company Program - Student: 17 Feb Skypemeeting with UF-staff 9-10 Mar Våga Vara Egen - fair, Emporia Term Begins Business Idea Registration Company Program - Teacher: 19 Apr Basic education in the Company Program (Step1) 28 Apr Open house for teachers (UF-office) National Championship (SM) May in the Company Program, (held in Stockholm) 26 May Open house for teachers (UF-office) 3 Jun Deadline: grade reporting Company Program - Student: 21 Apr Skypemeeting with the UF-staff May SM in the Company Program 17 May Deadline: Annual report, mandatory element Trade Fair Marketing Sales Production Business Plan Purchase Annual Report Annual General Meeting UF alumni is a network for former Company Program-students. The network stimulates to continued entrepreneurship and is open to all students who has taken part of the Company Program. Register on Thank you for this year! Well done :) With subject for changes Liquidation Term Ends
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