Course description
Learn how to start your own business with this Level 3 Certificate. Explore the basic knowledge and practical skills required from market potential and analysis, finalising your idea and planning it out, all requirements for setting up the business, and much more!
RQF Number: 603/0048/6
Element 1: Analyse Entrepreneurial and Market Potential
- Producing a plan
- Supporting a successful business venture
- Information sources
- External market analysis
- External environment and its impact on success
Element 2: Build the Business Idea
- Customer perspective
- Competitor perspective
- Analysing the business idea
- Producing measurable objectives
Element 3: Developing the Marketing Approach
- Improving the business idea
- Marketing mix
- Defining and positing the unique selling proposition (USP)
- Influencing customer perceptions
- Developing sales pitches
- Driving sales
- Investment in a start-up
Element 4: Plan the Operations
- Local legal structures
- Regulations
- Requirements and resources
- Operating at launch
- Operating on an ongoing basis
Element 5: Plan the Budget
- Producing financial forecasts and budgets
- Sourcing finances
- Managing the day-to-day business using financial information
- Managing performance and spotting failures
Element 6: Create the Business Plan and Pitch
- Securing funding
- Assisting the entrepreneur in the ongoing management of the business
- Preparing a pitch
- Reflecting on the process of developing a business plan
- Evaluating the business objectively
- Producing a business plan that clearly communicates the vision for the new business, if it is to attract investment
Why choose Open Study College
Trusted by over 90,000 students
Study from home, at your own pace
Discounts on selected courses
Expenses
Pay Now: GBP 729.00
OR 6 Monthly Instalments of GBP 124.35 with a deposit of GBP
82.90 totalling 829
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About provider
Open Study College - the distance learning experts
At Open Study College we have helped more than 90,000 students over the last 13 years to enrol on courses that have helped them to achieve their goals. Offering over 650 courses ranging from childcare to beauty therapy, we have...