You may have an enquiring mind and be interested in learning about the world around you, how businesses are set up, and what it is that makes someone a great entrepreneur. This course will help you to understand all this and more.
While studying the first two units of this course you are likely to learn a lot of new things. You will be introduced to the world of small businesses and will look at what makes someone a successful business person. You will find out how to develop an idea and spot an opportunity, and turn that into a successful business. You will understand how to make a business effective and manage money. You will also see how the world around us affects small businesses and all the people involved.
In the third and final unit your initial understanding will be developed to include more about how small businesses are developed and discover how businesses promote themselves and keep their customers happy. You will learn how businesses manage both their finances and the people who work for them.
This course aims to answer the burning questions in the business world today. All of its content will help you to either work within an organisation in the future or help you to one day reach that dream of running your own successful business.
Business and Enterprise – Why do people start businesses?
Types of business ownership – If I was starting a business how would I set it up?
Marketing – What product would I sell, at what price, where would I sell it and how would I promote my business?
Human Resources – What staff do I need? What contract would I employ them under? What laws do I hav to abide by?
Finance – How do I calculate my costs, revenue and profit? Am I breaking even or making a loss?
Economic Environment – What is happening outside of my business that could impact on me?
Unit 1 Multiple Choice Exam – 50%
Unit 3 Building a Business – 50%
This business course can help you prepare for further and higher education such as AS/A2 Levels and BTEC and NVQ courses.
You will become skilled in making decisions, being creative, solving problems, understanding finance, dealing with data, communicating and working as part of team. A GCSE Business course could lead to work in a business-related profession such as accountancy, law, marketing or the leisure and tourism industry.