SimVenture is a software package that allows you to create and run a realistic virtual business, taking hundreds of decisions, supported by tutorials and advice.
For the first-time entrepreneur, it's a great way to learn about the many facets of starting a business and the competing and complex demands the business-owner faces.
These include:
Marketing strategy; Market research; Sales; Cash- flow forecasting; Risk management; Skills and training; Premises; Legal status; Time management; Product/service design; PR; Unexpected events.
Every decision you make has implications, many of which you may never have thought of. Practice makes perfect, and very few people create a profitable business first time.
SimVenture is already installed in various locations around campus for teaching and individual use, including in our incubator spaces.
EI now holds a site licence for campus. If you are an academic or system administrator, please contact us about installing SimVenture in your local space and about resources to support teaching and learning.
Find out more at www.simventure.co.uk.