MEETING THE THOMSON LOCAL HERO
If your school is one of the 50 selected schools to have received
the unique Thomson Local Bursary Pack you will have access WORKING WITH YOUR
to a Thomson Local Hero, a local business spokesperson
specially recruited to help you start up your business.
THOMSON LOCAL HERO:
Your teacher will have the details of
If your teacher has not applied for a Bursary Pack, there may still
who your Thomson Local Hero is.
be time, so why not ﬁnd out more at http://buildabusiness.
You will receive two visits from your
1. A workshop to provide you with
the opportunity to ask questions
GETTING THE MOST OUT OF WORKING about how to set up a business
or get more detailed information
WITH YOUR THOMSON LOCAL HERO about certain aspects of running
your own company.
To get the most out of working with your Thomson Local
Hero, here are some tips on how to prepare for the visits. 2. A visit to review your business
plan together and help you
Before the workshop: ﬁnalise it.
1. Before meeting with your Thomson Local Hero for
the ﬁrst time conduct research on his or her company
to familiarise yourself with his or her background.
In small groups, interview a manager or other representative BEFORE THE BUSINESS
from the company. This can be done over the phone, if
necessary. If an interview cannot be arranged, use the
company’s website to obtain the following details: Make sure your business plan is as
complete as it can be and decide
• What is the company name? on how you want to present it to
• Is it a private limited company or a PLC? your Thomson Local Hero. You
• What are its main objectives? could also send your business
plan to your Local Hero before the
• How is it organised (structured)?
meeting and highlight any areas
• What products — goods and/or services — does it provide? you want to discuss in more detail.
• Who are its main customers (e.g. the general public,
• How would the choice and registration of a business
name be different if this business had been set up as
(a) a sole trader
(b) a partnership, rather than as a limited company?
2. Then discuss with your team what you want to get out
of the workshop and let your Thomson Local Hero
know, especially if there is a particular topic you
want to discuss.
3. Prepare a list of questions you want to ask your
Thomson Local Hero. You could ask how they
identiﬁed what product to sell or service to offer. Or
you could ask what the biggest challenges were when
starting up a business or what pitfalls to look out for.
Thomson Local Build a Business Programme 2009