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A guide to third sector trading - WCVA

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It’s an idea, but is it business? A <strong>guide</strong> <strong>to</strong> <strong>third</strong> sec<strong>to</strong>r <strong>trading</strong><br />

1: Getting<br />

started<br />

2: First steps 3: Business<br />

planning<br />

4: Legal and<br />

governance<br />

5: Funding<br />

and<br />

resourcing<br />

6: Financial<br />

controls<br />

7: Managing<br />

growth<br />

8: Management<br />

and<br />

governance<br />

9: Social<br />

enterprise<br />

10: Sources<br />

of support<br />

Wales Co-operative Centre: is a co-operative development<br />

agency working across Wales providing guidance and support <strong>to</strong><br />

promote social, financial and digital inclusion:<br />

• guidance for new and prospective workers’ co-operatives and<br />

social enterprises, including men<strong>to</strong>ring, help with structures and<br />

signposting <strong>to</strong> other agencies<br />

• supporting employee buyouts through a business succession<br />

service<br />

• supporting establishment of community co-operatives, credit<br />

unions and secondary (including farming) co-operatives<br />

• establishing consortia and clustering models of small businesses<br />

<strong>to</strong> improve growth through economies of scale and enhanced<br />

competitive procurement practices<br />

• providing advice on company structures suitable for all forms<br />

of social enterprise such as Community Interest Company and<br />

Industrial and Provident Society;<br />

Tel: 029 2055 4955, email: info@walescooperative.org<br />

www.walescoop.com<br />

Welsh Social Enterprise Coalition: Born from Wales’ 2009 Social<br />

Enterprise Action Plan, the Welsh Social Enterprise Coalition forms<br />

the representative voice for Welsh social enterprise. The Welsh<br />

Social Enterprise Coalition aims <strong>to</strong>:<br />

• improve access <strong>to</strong> finance<br />

• help social enterprises <strong>to</strong> gain new contracts<br />

• forge links with local authorities<br />

• improve business support.<br />

Tel: Cardiff office 029 2048 6379,<br />

North Wales Office 01492 580503<br />

www.welshsec.org<br />

• advising businesses on adopting Fair Trade policies and<br />

promoting Fair Trade;<br />

• working directly with community groups <strong>to</strong> encourage the<br />

use of ICT<br />

243

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