Skills to Compete Start Your Own Business (evening)
The aim of this programme is to equip the learner with the knowledge, skill and competence to compile a business plan to enable the learner to start their own business
Start Date: 12-02-2024 Hours/week: 08 Hrs 00 Mins Duration: 10 weeks
Applicants should have achieved a minimum of a QQI Level 4 Major Award or its equivalent.
Age Requirements
Applicants must have reached the current statutory school leaving age
Learning Aptitude
Good numerical and communication skills are essential, including verbal and written command of the English language.
Previous Experience
n/a
| Module | Award | Body |
|---|---|---|
| Induction (Evenings) | – | – |
| Start Your Own Business | Start Your Own Business (5N1418) | QQI |
1- Explore the legal requirements and regulations pertaining to starting a variety of business structures
2- Analyse the personal, functional and business factors that contribute to business success
3- Research the relevant sources of business start-up information and support available to entrepreneurs
4- Examine the market for new product or service niches
5- Assess the potential strengths, weaknesses, opportunities and threats to the business
6-Explain the role and function of a realistic and coherent business plan
7-Examine the importance of complete and correct business documentation to include budgets, cashflow and financial statements
8-Apply for the legal, financial and government agency and other support required by the business
9-Conduct opportunity, feasibility and market research studies
10-Design a product or service to be provided by the business
11-Analyse revenue, costs, quality and customer service elements of the new business
12-Analyse the internal and external business environment pertaining to a new business start up
13-Create appropriate funding, marketing, finance, technology and staffing strategies for the business
14-Construct a business plan
15-Organise independent or third party review of the business plan
16-Analyse the business and business plan post the external review, recognising strengths and making improvements