Planning to start your own business
Obtain guidance on how to turn your business ideas into a simple plan. You'll learn the different objectives people have when starting a business, and how to manage costing, pricing and cashflow.
Planning to start your own business
£29.75
+VAT
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Government Funded training
PayPal Buyer protection
Highfield Awarding Body
Mobile device friendly content
Subtitles: English
Duration: 1 hr 30 mins
Retakes: Unlimited
Overview
This course is designed to help you understand the challenges of starting a new business and give you some guidance about how to turn your ideas into a simple plan. It is also about setting the aims of your business and realistic expectations for what is required to meet them.
Candidates will undertake an online multiple-choice assessment and will receive a certificate if successful (any certificates from an official awarding body are sent to you via email).
Course Syllabus
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Course Introduction
This short section sets the scene by describing the purpose and structure of the course.
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An Overview of Running a Business and Understanding your Aims
Having a good understanding about running a business and your aims will help you make a more informed decision about what type of business is right for you. In this section, we provide an overview of what it really means to start and run a business.
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Developing your Business Plan and Turning your Idea into a Product
Thinking about your new business and creating a plan in advance will be a key factor in the success of your new venture. By working on a plan, you can see problems before it is too late to effectively react to them. A plan also keeps you realistic about what to expect and, if things aren’t going well, can explain why things are turning out differently.
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Pricing and Managing Finances
It’s a very good idea to think about what you need to charge to make a profit, and meet your aims, before you start selling. Along with pricing we will also talk about how this will impact your finances.
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Sales and Marketing
So, you now have a plan, a product and you know how to price things. The next step is to get customers by marketing and selling your product. We discuss promotion of the business through things like advertising and then explore strategies for selling our product.
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Assistance in Running a Business
You can’t be expected to be an expert in all areas of running a business, and you not going to be the only person with a view on your product or the competition. Similarly, there is support to help ease the financial burden on newer businesses through loans, grants and free or subsidised products.
Obtaining your certificate
You will need to pass a multiple-choice exam at the end of the course in order to gain your accreditation. Once passed, we will send your official certificate by email.
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