Start Your Own Business - QQI Level 5
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.
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
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