Start Your Own Business - QQI Level 5

If you are looking to start a new business there are a number of issues you need to consider. One of those is to have a business plan in place, especially if you are looking to get funding from your local enterprise office or even the department of social protection.

Course Details

The start your own business course will provide you with one of the vital parts of starting your own business, a business plan. 

The start your own business QQI/FETAC Level 5 course is designed to enable you to grow their business and commercial knowledge along with the necessary skills to set up their own business. 

Throughout the start your own business course you will understand the key business terms and methods of analysing a business and to understand what is involved in setting up a business and the different types of business structures.

You will become aware of the pressures and challenges businesses face when running a business and will understand why some businesses fail or grow.

You will find some important information on the following websites - citizens information or Enterprise Ireland

Start Your Own Business QQI/FETAC Level 5

Watch this short video on the key parts for a business plan

I recommend "Business plan template and example: how to write a business plan" by Alex Genadinik

This book is now used by the University of Kentucky entrepreneurship program. 
 
Are you trying to start a business, and not sure how to write a business plan?  Then this is the right course for you. This book is structured as a business plan template that you can use to write your own business plan. The book also explains to you what you should write in each section of your business plan, and how to ultimately have a great business plan. 
 
I would also recommend you read, "Start Your Own Business", Sixth Edition: The Only Startup Book You'll Ever Need19 Jan 2015 by Inc The Staff of Entrepreneur Media
 
For more than 30 years, Entrepreneur Media has been setting the course for small business success. From startup to retirement, millions of entrepreneurs and small business owners trust the Entrepreneur Media family--Entrepreneur magazine, Entrepreneur.com, Entrepreneur Press, EntrepreneurEnEspanol.com, and our industry partners--to point them in the right direction. The Entrepreneur Media family is regarded as a beacon within the small to a mid-sized business community, providing outstanding content, fresh opportunities, and innovative ways to push publishing, small business, and entrepreneurship forward.
 
Tapping into more than 33 years of small business expertise, the staff at Entrepreneur Media takes today’s entrepreneurs beyond opening their doors and through the first three years of ownership. This revised edition features amended chapters on choosing a business, adding partners, getting funded, and managing the business structure and employees, and also includes help understanding the latest tax and healthcare reform information and legalities. 

Learning Objectives

At the end of this course learners will be able to;

– Explore the legal requirements and regulations pertaining to starting a variety of business structures

–Analyse the personal, functional and business factors that contribute to business success

–Research the relevant sources of business start-up information and support available to entrepreneurs

–Examine the market for new product or service niches –Assess the potential strengths, weaknesses, opportunities and threats to the business

–Explain the role and function of a realistic and coherent business plan

–Examine the importance of complete and correct business documentation to include budgets, cashflow and financial statements

COURSE OUTLINE