Business Planning
Stonebridge College.
Summary
Overview
This course is designed for people starting-up in a wide variety of business sectors and sizes, together with voluntary sector organisations. People not currently in work but seeking to start a business will find the programme of particular value. The course is most suitable for people wishing to enhance their business skills and develop a business start up plan, prior to implementation.
At the end of the course you will be able to:
- Describe and evaluate your business idea
- Carry out market research for your idea
- Market your product or service
- Compile the financial information required to run a business
- Produce a business plan
- Identify sources of funding
- Instigate relevant business controls
Description
Syllabus
Module A: Planning to succeed
- Personal profiling & self-assessment
- Evaluating your business idea
- Writing a business plan
- Business structures
- Basic accounting requirements
Module B: Market Research
- Types of Research
- Survey methods
- Questionnaires
- Secondary research
- Market research analysis
Module C: Effective Marketing
- The marketing cycle
- Marketing plans
- The cost per sale formula
- Target customers
- Business generation
- The Marketing mix
- Product life cycles
Module D: Finance
- Financial planning & control
- A personal survival budget
- Start up budget
- The meaning of profit
- Direct an fixed costs
- Break even analysis
- Costing & pricing
- Sales forecasting and adjustments
- Cash flow forecasting
- Profit & loss forecasting
- Capital requirements
On completion of your course, you will receive the dual award:
Award 1 is issued by Stonebridge Associated Colleges: Business Planning Certificate
Award 2 is issued by our Awarding Body: Level 2 Business Planning Award
At the end of this course successful learners will also receive a Level 2 NCFE Award Certificate of Achievement. Our course has been accredited under our NCFE IIQ Licence and the course measurable learning outcomes have been benchmarked at Level 2 (using Ofqual's Qualification and Credit Framework (QCF) level descriptors) to allow you to consider the depth of study, difficulty, and level of achievement involved.
Requirements
There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
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