• Activities map and sanity check

• Good to great model

• Passions and values

• Financial efficiency - income and time

• Roles and responsibilities - what you can be

the best at (Riskit model)

• What’s your next step?

Introduction

Activities map and sanity check

What do you get from them? What led you to do them?

Good to great model

maintain motivation sustain your business

• Map activities into the love it or don’t

bother model

Passions and values

• Value sort exercise

• Which items on your map affirm values?

• Which conflict with your values?

Passions and values

• How much income are you generating?

• How much time are you investing?

Financial efficiency

Income / time balance

• How much income is generated?

• How much time is invested?

• Does the income cover your costs,

i.e. is it profitable?

• How can you be more efficient with time?

• How can you increase your profit margin?

Financial efficiency

Costing your daily rate

Overheads

plus

Salary

Days per

year Weekends Holidays

Contin

-gency Admin

Total

days

available

Daily Hourly

Rate Rate

no admin

time £27,000 365 104 30 5 0 226 £119 £15

admin at

25% £27,000 365 104 30 5 56 170 £159 £20

admin at

40% £27,000 365 104 30 5 90 136 £199 £25

Costing your daily rate

Roles and responsibilities

Analyse roles, responsibilities and rewards

Who’s getting the work to the client/audience?

Who’s responsible for generating

the idea?

Who’s making

the work?

Idea + production questions

• How’s something being created?

• What may be achieved by employing a

particular means of production?

Production + delivery to market questions

• What’s the capacity to deliver on time to the right

quality?

• How’s the work assessed during production?

• What might change as the project matures?

Idea + delivery to market questions

• Income streams, price and value

• How can an audience/market opportunity be

recognised and provided for?

Relationships across all roles questions

• Who has the overview?

• Who has overall responsibility for making it

happen?

Analyse roles, responsibilities and rewards

• Where do you sit?

• Are you focusing in or widening out?

Your Riskit model

maintain motivation sustain your business

• What insights have the models produced?

• What will you do now?

What’s your next step?

What’s your next step?

• Set yourself 3 actions

Next steps

• A Guide to Starting a Business Plan

• Business Plan Contents Guide

• Costing & Pricing Work

• Budgets Guide

• Cash Flow Guide

• DIY Professional Development Planning Tool

Please note: Clients and other organisations have kindly given permission for Cultural Enterprise

Office to use some content only within the workshop. Therefore some of the slides shown in the

workshop are not reproduced in this document. Where possible we have attributed the source of the

content in the presentation for clients to research further.

Enquiry Line: 0333 999 7989

Weekday: Mon-Fri: 09:00-17:00

Evening: Wed: 17:00-20:00

info@culturalenterpriseoffice.co.uk

www.culturalenterpriseoffice.co.uk

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@ceoscotland

Supporting creative business throughout Scotland