Business Planning (Level 2)
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Summary
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.
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.