Business Planning: Principles and Practice
What you will learn
The aim of the course is to provide a source of practical information for students, and potential entrepreneurs to encourage and promote good practice in business planning, and to develop the practical and strategic skills needed to survive and grow in business.
By the end of the course you will be able to
- Explain the importance of business planning
- Describe the process of planning and the differences between strategic and business planning
- Describe the different legal formats of business (Sole Trader, Partnerships, Limited Company, Co-operative)
- Understand what SWOT analysis means and how it relates to the market and competitors within the business plan
- Identify relevant legislation impacting on business
- Understand how to plan and manage the business finances.
Class format and activities
* Listening to tutor presentation, explanation and demonstration
* Guided analytical listening, group discussion and presentation.
* Taking your own notes
* Participating in discussion based on tutor and peer presentation and your own reading and listening homework
* Optional business pitching at the end of term
In order to ensure that you make the best possible progress on your course, you will have regular feedback from your tutor, in a constructive and supportive environment.
You need to be aged 19 or above.
To get the most out of your class you should have a good working knowledge of written and spoken English.
Willingness to read a little on the subject matter outside course hours, and open-mindedness about learning.
What you need to know before you enrol
There will be group activities and presentation in the class. You will be assessed through internal assignments set by the tutor.
What you will need for your class
Pen, pencil and notebook.