Start-Up booklet 2017/2018 Ung Företagsamhet Skåne Welcome to The Company Program (UF- företagande), 2017/2018 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 from 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 swish: 123 389 31 46 Bankgiro 176-7458. Don t forget to state your company name so we know who the money comes from. 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, www.ungforetagsamhet.se 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! Susan, Katarina, Karolina, Philip & Johan
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 1986. In Sweden, Ung Företagsamhet is divided into 24 separate regions from North to South, with some 100 employees. During the previous school year, 2016/2017, there were 27 769 students attending the Company Program in Sweden, in Skåne we had 2 970 students divided between 903 companies. In Skåne the Company Program is currently represented on 77 of the totaly 127 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 16-20 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 1980. Skåne har haft verksamhet sedan 1986. Under läsåret 2016/2017 drev 27 769 elever, UF-företag i landet. I Skåne bedrivs verksamhet på 77 av 127 gymnasieskolor, under läsåret 2016/2017 fanns 903 UFföretag och 2 970 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.
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 and webpage 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 from 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.
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 the fall and the regional fair usually in March. Mandatory elements Registration. Opens 1 September and ends in 1 December. Business Plan. Deadline 30 November 2017 Have a minimum of 2 sales opportunities Have at least 1 meeting with your advisor/advisors Annual report. Deadline 14 May 2018 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 = certificate from Ung Företagsamhet
Registration There are two separate parts to complete your registration. First you need to register on our website, www.ungforetagsamhet.se. You register your company, all company members, one or more advisors and your teacher. Second you must pay the registration fee of 300 SEK per company. This is done to swish: 123 389 31 46 Bankgiro 176-7458. 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. DEL 1 Inför ditt UF-år Kom på en affärsidé Skapa ett bra team Hitta och kontakta rådgivare* Registrera ert företag på ungforetagsamhet.se* Ta in riskkapital till företaget DEL 2 Starta Gör en affärsplan* och en marknadsundersökning Öppna ett bankkonto Kontakta rådgivare Välj tilläggsmoment i samråd med din lärare** Inköp, produktion DEL 3 Driva Marknadsföring Kontakta rådgivare Försäljning,* bokföring Regional mässa DEL 4 Avveckla Gör en årsredovisning* Kontakta rådgivare och bjud in till bolagsstämma Bolagsstämma, avveckling av UF-företag Avsluta bankkonto Ladda ner ditt intyg Registrera dig i alumninätverket *Obligatoriskt moment för alla UF-företagare. ** Tilläggsmomenten väljer ni ut för att passa just ert UF-företag. Godkända obligatoriska och tilläggsmoment ger ett intyg från Ung Företagsamhet efter UF-årets slut.
Schedule August-September Come up with a business idea Find a suitable advisor 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 www.ungforetagsamhet.se Pay the registration fee Print company registration certificate Open a bank account Sell venture capital Kick-Off at Helsingborg Arena in Helsingborg on 21 September October-December Business Plan, deadline 30 November. Hand it in to your teacher to have it approved and then upload it on UF:s website. Board meetings, administration Contacts with your advisor. Note that you need a minimum of one meeting with your advisor 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 advisors 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 advisors 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 14 May 2018. Distribution of any profits and repayment of venture capital Annual General meeting (invite your advisors) Evaluation You will find tips and examples of business plans and annual reports on www.ungforetagsamhet.se under the tab Dokumentarkiv.
Advisors One of the compulsory elements is for your company to find one or more advisors to your company that you will have personal contact with during the Company Program. Before choosing your advisor 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 advisor should not be a parent or sibling to anyone in the company. Why an advisor? Above all, you can use the advisors 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 advisors 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 from your advisors as often as you need to but remember that your advisors 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 advisor as early as possible. He or she can help you with everything from business idea to the different reports. There are several different ways you can work with your advisors. You have to choose yourselves what suits your company the best. Don t forget to invite your advisors 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 from 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 Social media Have offers and promotions Attend the regional fair Storefronts Door-to-door selling Write a press release Try to make bloggers write about you
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. 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 www.ungforetagsamhet.se or you may contact Nordic Försäkring (Protector försäkring) Email: UF@nordic.se Phone: 0470-751200 UF-Company and taxes The following applies to tax and VAT rules for UF companies in Sweden: 1. There is no longer a limit to a UF-company s allowed turnover in one fiscal year. Earlier there was a limit of 30 000 SEK (sept-dec, jan-june) The following is taken from www.skatteverket.se 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 2017 is 18.949 SEK. For more information about taxes please visit www.skatteverket.se search for Ung Företagsamhet
Other information 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! Tip! Choose a memeber in the company who has responsibility to check on updates on the website. 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 2017. It brings together UF -companies from 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 advisors 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 Persson, Regionchef 0709/38 37 17, susan.wahlgren@ungforetagsamhet.se Karolina Engström, Project Manager 0707/90 28 68, karolina.engstrom@ungforetagsamhet.se Katarina Olsson, Project manager Primary School 0703/28 88 72, katarina.olsson@ungforetagsamhet.se Philip Allgoth, Project manager, Secondary School 0709/96 94 16, philip.allgoth@ungforetagsamhet.se Johan Ahlgren, Project Manager 0730/80 01 91, johan.ahlgren@ungforetagsamhet.se Ung Företagsamhet Skåne Postal address: Box 473, 201 24 Malmö Visiting address: Jörgen Kocksgatan 1B Common e-mail: skane@ungforetagsamhet.se Webpage: http://ungforetagsamhet.se/skane Facebook: http://facebook.com/ungforetagsamhetskane Instagram: @ufskane Bankgiro: 176-7458