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PROFESSIONAL BUSINESS TRAINING
“Business Management ”
Course Name : –

E Business Studies(Start Your Own Business)

Level :

Level 5 B20153

Purpose :

This module is designed to provide the skills required to start a business and the knowledge to understand the issues involved. Provides the learner with a real life experience of investigating and evaluating a business idea.

Entry Requirements :

Level 4 Certificate, Leaving Certificate or equivalent qualifications or relevant life/work experiences.

Learning Outcomes

The course is split into 5 learning outcomes and grouped into 5 units: The Business Environment, Planning and Decision Making, The Business Plan, Implementation, Evaluation and Review. Some of the key areas are broken down below:

  • Distinguish between different types of business structures, to include sole trader, partnership, private/public limited company and cooperative
  • Identify the characteristics of small and medium sized enterprises (SMEs)
  • Define the following terms: Opportunities audit, feasibilities study, business plan and market research.
  • Identify the legal requirements for setting up a business and registering a company
  • Health, Safety and environmental regulations that apply to the workplace.
  • Recognise the importance of Ethics
  • The importance of leadership, creativity, problem solving, risk management, ability to identify opportunities.
  • Effective planning, organisation and management when running a business
  • Locating appropriate agencies to assist
  • Identify appropriate strategies for market research, marketing, finance and personnel.
  • Effective planning, organisation and management when running a business
  • Locating appropriate agencies to assist
  • Identify appropriate strategies for market research, marketing, finance and personnel.
  • Legal and Statutory requirements to include payroll, VAT, health and safety.
  • Analyse strengths, weaknesses, opportunities and threats (SWOT analysis)
  • Short, Medium and Long Term Planning. Identify decision making tools and making decisions on available data.
  • To carry out an audit of enterprise opportunities in the locality.
  • Determine sources of finance. Consult relevant experts. Compile a business plan.
  • Design and construct a prototype
  • Develop an appropriate accounting and recording procedure. Monitor quality, costs and customer relations.
  • Compare targets with actual results. Identify areas of improvements.
  • Future plans and resources
  • Identify areas of success and areas that require improvements.
  • Compare targets with actual results. Identify areas of improvements.
  • Future plans and resources
  • Identify areas of success and areas that require improvements.