- Unit 1: Initial steps for a business start-up
In this introductory unit, you’ll learn the initial steps for setting up a business start-up. You’ll explore the different types of business ownership, develop ideas for your business start-up and work out what resources are required to get up and running.
- Unit 2: Marketing for a business start-up
Learn how to take your business idea to market. In this unit, you’ll discover how to use market research, branding and promotional strategies to position your business in the market. You’ll also explore different pricing strategies and create a medium-term pricing plan for your business.
- Unit 3: Legal and financial considerations for a business start-up
In this unit, you’ll gain an understanding of the legal and financial factors that will affect your business start-up idea, including tax requirements, employment legislation, data protection regulations, and copyright legislation. You’ll also learn the difference between cash, turnover and profit and how to effectively deal with customers and suppliers.
- Unit 4: Developing a business plan
Take the knowledge you learn and apply it creating your own business plan. This unit is designed to provide you with an understanding of business planning and will guide you through creating a final business plan for your business start-up.