Level 3 Certificate in Business Start-up

Awarded by

ABE UK

Duration

3 Months

Enrolled

76 students

Code

603/0048/6

Price

TBC

Qualification Overview

The Level 3 Business Start-up course is designed to equip individuals with the knowledge and skills necessary to start and run their own successful business. This course is ideal for individuals who have a business idea and want to turn it into a reality, or for those who are already running a small business and want to improve their knowledge and skills.

By completing this course, you will gain a nationally recognized qualification that demonstrates your understanding of key business concepts and principles, as well as your ability to apply them in a real-world context.

Qualification objectives

The objectives of the ABE Level 3 Certificate in Business Start-up are as follows:

Recognition

ABE is fully regulated by Ofqual, the qualifications regulator for England. In addition to Ofqual, ABE have agreements or recognition by regulatory authorities in many other countries where we operate. All ABE qualifications are part of the UK Regulated Qualifications Framework (RQF).

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Course Learning Outcomes

Element 1 - Analyse entrepreneurial and market potential

Ability to assess the marketing environment and how it impacts and
influences your business idea.

Ability to assess your own capability against the needs of the proposed
business venture.

Element 2 - Build the business

Ability to scope and refine a business idea – what it might look like, feel like, act like and be like and the ability to research the market to make sure the business idea is of interest to your customers.

Element 3 - Developing the marketing approach

Ability to build the unique selling proposition, to know who the customer and market is and how to approach them.

Ability to create the scope of the product and/or service and the ability to price it, promote it, sell it and service it whilst building brand recognition.

Element 4 - Plan the operations

Ability to identify the need for the right legal set-up for the new business venture, while identifying the right people, operational processes and resources for the new business start-up.

Element 5 - Plan the budget

Ability to develop a funding and operational budget for the new business start-up, including a daily cash flow along with setting key business performance indicators to monitor performance.

Element 6 - Create the business plan and pitch

Ability to develop a business plan that incorporates all of the above

Ability to pitch and present effectively for business funding from a range of sources.

Apply to your Business

It is very important when studying Level a 3 Business Start-up qualification, you must consider local business environment and try to apply what you are learning to relevant scenarios in your local business context. Doing this will help you to put your learning into practice and use it in your professional day-to-day activities. The nature and form of organisations varies widely. Internal factors such as ownership, business strategy, and size each play a part in defining the shape and focus of an organisation. In turn, this impacts upon the expectations and responsibilities placed on individual managers. Whilst trends in the external environment impact on organisations differently, increased globalisation and digitalisation have led to increasing competition resulting in a growing need for managers to be aware of external practices and approaches and to adopt a best fit approach.

You should take into account the following when preparing for your business start-up proposal:

• The structure, culture, size, vision, and mission of the organisation you are working for or basing your assessment
• The local culture and how it impacts on employee and stakeholder expectations of a manager
• Availability of resources
• Feasibility and suitability of practices within your specific setting