Unit 37 - Starting a Small Business

 

In this unit you will research and plan your own small business

 

Assignment 1 P1

Business idea

In this assignment you will

  • Think of your business idea and present aspects of it in a PowerPoint presentation

 

Assignment 2

P2 M1

Market research

In this assignment you will

  • Identify your target market by carrying out market research. 

  • For a merit you will explain and justify the methods you have used to find your target market.

 

Assignment 3

P4 M3

Legal and financial aspects

In this assignment you will

  • Describe the legal and financial aspects that will affect your business start-up. 

  • For a merit you will explain the implications of these aspects on your business start-up.

 

Assignment 4

P5 D1

Business plan

In this assignment you will

  • Produce an outline proposal for your business. 

  • For a distinction your plan must be very detailed and cover all aspects of the start-up.

 

Assignment 5

P3 M2

Skills and development

In this assignment you will

  • Describe the skills you will need to run the business successfully and identify what areas need to be developed. 

  • For a merit you will analyse the development needed to run the business successfully

 

 

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