How to Start Your Own Business
How to Start Your Own Business
How to Start Your Own Business – People often dream about starting their own business but don’t fully realise the implications of what this involves. Given the back-drop that nearly a half of all businesses fail in their first year, it is critical that you have all the knowledge at your disposal to make an informed decision about whether running a business is right for you.
This is an introductory course for anyone who has recently set up a small or micro-business, or for anyone who is considering setting up a small or micro-business, or is considering self-employment as a career option. As such, this course considers the key elements and issues that you need to think about and explore.
This How to Start Your Own Business course will allow you to:
Learn key steps to increase your chances of success and minimise risk.
Understand how to market your business, identifying competition, pricing and branding strategies
How to handle and recruit staff and administrative issues.
In addition, at the end of your course you will be invited to create a business plan and pitch it to one of our expert academics. This will be an excellent opportunity to put the knowledge you’ll have gained into practice, whilst also allowing you to take advantage of the feedback and guidance provided by our experienced tutors.
<p>Students can make payment using one of the following methods:</p><br>
<ul>
<li>Credit or debit card</li>
<li>Bank transfer</li>
<li>Interest free monthly instalments</li>
<li>Paypal</li>
<li>Western Union</li></ul>
<p>Students can enrol onto this course at anytime. There is approximately 100 hours worth of learning material included. Students will have access to the study material for five years.</p><br>
<p>Assessment</p>
<p>This course is assessed by a series of self assessment exercises.</p>
<p>Unit 1 Thinking of starting a business</p>
<ul><li>The problems and potential of small-business start-up</li>
<li>Sources of information</li>
<li>Why start a business</li>
<li>Personal skills</li>
<li>The realities of starting a business</li>
<li>Success v failure</li>
<li>Your business idea</li>
<li>Am I suited to running a business</li>
<li>People and roles</li>
<li>Business start-up expenses</li>
<li>Sources of money</li>
<li>Finding premises</li>
<li>Financial issues</li>
<li>Legal issues</li>
<li>Practical issues</li></ul><br>
<p>Unit 2 Finance for business start up</p>
<ul><li>Looking after your money</li>
<li>Budgeting for personal survival</li>
<li>Financial responsibilities</li>
<li>Common causes of financial failure</li>
<li>Financial control</li>
<li>Expenses</li>
<li>Employing staff</li>
<li>Pricing</li>
<li>Cash flow</li>
<li>Profit and loss account</li>
<li>Balance sheet</li>
<li>Performance ratios</li>
<li>Credit terms</li></ul><br>
<p>Unit 3 Marketing for business start up</p>
<ul><li>What marketing is</li>
<li>Definitions of marketing</li>
<li>Marketing in practice</li>
<li>Understanding customer needs and wants</li>
<li>Using marketing strategy</li>
<li>The 7Ps of marketing</li>
<li>Turning prospects into customers</li>
<li>Types of marketing message</li>
<li>Writing marketing material</li>
<li>Websites</li>
<li>Newsletter marketing</li>
<li>The marketing plan</li>
<li>Classic marketing mistakes</li></ul><br>
<p>Unit 4 Business planning for business start up</p>
<ul><li>Purpose of a business plan</li>
<li>Demands and limitations of business planning</li>
<li>Basic aspects of business planning</li>
<li>Business plan format</li>
<li>The executive summary</li>
<li>The business</li>
<li>SWOT analysis</li>
<li>Products and services</li>
<li>Marketing</li>
<li>Financials</li>
<li>Business planning top tips</li></ul><br>
<p>Unit 5 Communicating for success in business.</p>
<ul><li>Networking</li>
<li>Defining communication</li>
<li>The communication cycle</li>
<li>Noise</li>
<li>Barriers to communication</li>
<li>Spoken word – general considerations</li>
<li>Written word – general considerations</li>
<li>First impressions</li>
<li>Non-verbal behaviour</li>
<li>Active listening</li>
<li>Written communication</li>
<li>Email etiquette</li>
<li>Writing marketing copy for your business</li></ul>
<li>Dedicated student support</li>
<li>Access to an online social learning forum</li></ul>
<p>We provide a One-Stop-Shop solution servicing all your needs from</p>
<ul><li>Admission application</li>
<li>Tuition fee payment, </li>
<li>Visa application (for your next On-campus course),and</li>
<li>Other destination services - insurance, forex, accommodation arrangement etc.</li></ul><br>
<p>through our parent company EdVantage International Consulting Limited. </p><br>
<p>Enjoy FREE or Discounted services when you book through EdVantage E-Cert!</p>
<p>Book your Foundation or Pathway course today on Edvantage E-cert.</p>
London Academy of Business and Management is ambitious, innovative and modern, offering flexible and accessible high-quality learning to a national and global audience. Affordable study programmes with exclusive online modules fast tracking learners to a University qualification.
Whether you are looking to enhance your skills, improve your team or pursue a professional education, the London Academy of Business and Management learning pathways can provide you with all you need.
London Academy of Business and Management delivers online university pathway programmes with full Undergraduate and Postgraduate Diploma Awards to learners from all corners of the world. Learners can fast track their way through to a UK University Qualification on campus or by distance learning.
Our web-based modules allow students to learn what they want, when they want and how they want and have been designed to facilitate a much faster, more affordable and engaging way to learn. With a 24/7 student networking platform, personal dashboards, 1-2-1 online tutorials, group webinars and bank of pre-recorded group webcasts, London Academy of Business and Management provides students with all the support that they need to succeed in developing their professional skill base and achieve a university qualification.
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