Business Planning

Business planning course: This home learning course will help any student looking to set up their own business. It is vital that students are well prepared if considering entering the field of self employment.

You will learn to:

Describe and evaluate your business idea
Carry out market research
Market your product or service
Compile financial information
Produce a business plan
Identify sources of funding

Course fees: £279.00 if paid in full.

Pay monthly option: £79 Deposit followed by 5 monthly payments of £50.00. (Total fees of £329.00) Call in for guaranteed payment plan.

Entry requirements:

There are no previous skills or qualifications required to register for this study programme.

Support:

All students will be assigned a personal tutor with whom they may correspond with via mail or email. Details will be in your course study pack.

Duration:

All students have one year to complete this course from date of registration. Average study of 60 hours.

Provided materials:

Your study pack is dispatched in full at the time of enrolment and provides all you need to complete your studies

• Studyguide
• Comprehensive study notes for each element of the course
• Self-assessment activities
• Assignments
• Tutor support
• Assignment marking & feedback
• Certification

Course syllabus

Module 1: planning to succed

Personal profiling and self assessment
Evaluating your business idea
Writing a business plan
Business structures
Basic accounting requirements

Module 2: Market research

Types of research
Survey methods
Questionnaires
secondary research

Module 3: Effective marketing

the marketing cycle
Marketing plans
The cost per sale formula
Target customers
Business generation
The marketing mix
Produc life cycles

Module 4: Finance

Financial planning and control
A personal survival budget
Start up budget
The meaning of profit
Direct and fixed costs
Break even analysis
Costing and pricing
Sales forecasting and adjustments
Cash flow forecasting
Profit and loss forecasting
capital requirements

Examination:

No examination is necessary

Assessment method:

This course is completed using continual assessment, allowing your tutor to closely monitor your progress every step of the way. Therefore no examination is required.

Qualification:

OCN Level 2 in Business Planning

This course is validated by OCNNWR and provides 6 credits. These can be accumulated with other course or unit credits over a period of time which can lead to an accredited qualification. The course is provided by Study House which is a recognised centre for courses validated by OCNNWR. OCNNWR provides validated courses through its provider organisations which must meet robust quality assurance standards. It is a licenced member of NOCN which is an approved awarding body licenced by QCA to offer accredited qualifications