Starting Your Own Business Course
This Starting a Business course explains how to successfully start your own business, whether you aim to be a sole trader, partnership, or limited company. It teaches you how to write a professional business plan and familiarises you with the legalities and regulations associated with starting a business.
The course gives guidance on numerous aspects that you must consider before beginning your startup, including your business idea, finances, and market research. Once you complete the training, you’ll be prepared to come up with a viable business idea and set up your business in accordance with the law. You’ll be able to create a solid business plan that helps you gain the confidence of investors and guides you during the first few years of business and beyond.
- Designed by business experts
- Accredited by CPD
- Fully online course and assessment with no time limits
- Full audio voiceover
- Approximate Duration: 4 hours
- On completion, certificate is posted the next working day
This Starting a Business course is suitable for anyone considering starting their own business or who is currently in the early stages of doing so. It is also suitable for people who want to learn about the process of writing a business plan. No previous knowledge is required; the first module covers the basics before the course takes a comprehensive look at preparing an effective business plan.
||Introduction to Starting a Business
||The challenges of starting a business, the positives of starting a business, what does it take to build a startup?, landing on an idea, case study: innocent, consider the logistics, and doing your research.
||Types of business structures, sole trader, partnerships, limited company, opening a business bank account, choosing a name and logo, and other legal requirements.
||Writing a Business Plan
||Why is a business plan important?, how to create a business plan, executive summary, appendices, and business description.
||Why marketing is important, market research, customer demographic, primary and secondary, competitor analysis, product and service features, after-sale services, pricing, methods of advertising, and website and social media.
||Operations, production, inventory and suppliers, distribution, location, credit policies, legal aspects, and personnel.
||Creating the financial plan, sales forecast, profit and loss projections, cash flow forecast, balance sheet, and break-even analysis.
||Support and Resources
||Accessing support, finding financiers and investors, and further resources.
The online assessment is taken on completion of the training material. You will
be asked 15 multiple choice questions with a pass mark of 80%. The
answers are marked automatically so you will instantly know whether you have passed.
If you don't pass don't worry! You can take the test as many times as you need with
no extra charge.