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Business Planning (Level 2)


Learning at home

Summary

Price
£393.33 inc VAT
Study method
Online
Duration
60 hours · Self-paced
Qualification
No formal qualification

Overview

Business Planning (Level 2)

At the end of the course you will be able to:

  • Describe & evaluate your business idea
  • Carry out market research into 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

Key Topics

Module 1 - Planning to succeed

Module 2 - Market Research

Module 3 - Effective Marketing

Module 4 - Finance

Description

Module 1 - Planning to succeed

  • Personal profiling & self-assessment
  • Evaluating your business idea
  • Writing a business plan
  • Business structures
  • Basic accounting requirements

Module 2 - Market Research

  • Types of Research
  • Survey methods
  • Questionnaires
  • Secondary research
  • Market research analysis

Module 3 - Effective Marketing

  • The marketing cycle
  • Marketing plans
  • The cost per sale formula
  • Target customers
  • Business generation
  • The Marketing mix
  • Product life cycles

Module 4 - Finance

  • Financial planning & control
  • A personal survival budget
  • Start up budget
  • The meaning of profit
  • Direct and fixed costs
  • Break even analysis
  • Costing & pricing
  • Sales forecasting and adjustments
  • Cash flow forecasting
  • Profit & loss forecasting
  • Capital requirements

Requirements

Entry Requirements

Our Business Planning (Level 2) Course is openly available to anyone wishing to learn more about Business Planning and has a keen interest in the subject, plus an intention to progress a career.

  • Learners will need sufficient numeracy and literacy
  • Students should have access to a computer and the internet throughout your study period.
  • Learners should have basic PC skills in order to navigate our Support Portal
  • You should be fully committed to your studies.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.