Level 3
February 24, 2023 2023-08-29 12:05Level 3
Level 3 Certificate in
Business Start-up
Awarded by
ABE UK
Duration
3 Months
Enrolled
76 Students
Code
603/0048/6
Course 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:
-
Analyse entrepreneurial
and market potential - Build the business idea
- Plan the operations
-
Developing the marketing
approach - Plan the budget
- Create the business plan and pitch
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 – check our website for more details. All ABE qualifications are part of the UK Regulated Qualifications Framework (RQF).
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Course Learning Outcomes
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
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
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 recognitio
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
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
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
| Module Code & Title | You will learn to: |
|---|---|
| 4UDBE Dynamic Business Environments | Explain the role of business economics in understanding markets and the potential impact of current economic issues. Discuss how analysing internal, external and competitive environments enables the development of successful business strategies |
| 4UEO Enterprising Organisations | Explain the various legal formations and status of private, public, and not-for-profit organisations.Identify traditional and contemporary organisational structures. The course explains methods by which organisations are managed strategically and operationally |
| 4UESD Employability and Self-development | Explain the concept of employability, and assess your own skill set in terms of employability and use it to write a unique curriculum vitae (CV) and complete relevant job applications, maximizing your potential value to an employer. It also suggests how to outline your skillset which can demonstrate your employability during the recruitment and selection process promoting it, selling it, servicing it and building brand recognition. |
| 4UFM Finance for Managers | Explain the purpose of financial and management accounting, interpret financial statements to review the performance of business organisations and report to stakeholders. Prepare cash flow forecasts and financial budgets to aid management decision making. This course demonstrates the use of costing and pricing methods to contribute to business decision making |
| 4UIE Introduction to Entrepreneurship | Basic concepts and practices of entrepreneurship. The course covers various topics, including the nature of entrepreneurship, characteristics of successful entrepreneurs, business planning, marketing, financing, and risk management. . The course also emphasizes the importance of innovation, creativity, and problem-solving skills in the entrepreneurial process. |
| 4UIQM Introduction to Quantitative Methods | Apply numeracy and quantitative techniques for use in day-to-day business activities. Also algebraic methods to formulate and solve business problems. |
| 4UPM Project Management | Discuss the concept of the project life cycle in a variety of business organisations and contexts |
| 4UDCT Dynamic and Collaborative Teams | Describe the nature of teams within modern organisations and describe the principles and benefits of effective team working and how |
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 on
• 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
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How do you study and how long does it take?
There are six elements in total and each one should take 60 guided learning hours which is the total time you are likely to spend studying including all your time spent on listening to the lectures, reading the online information, reading the required texts, undertaking the exercises, discussions with other students and completing the assessment. The qualification is taught online, so you can start at any time as you are not restricted by term times. You will receive your log in and password for the Teaching Zone as soon as we have received payment. All you need is Internet access!
The time it takes in practice is up to you, and will vary depending on your commitment and how easy you find it to study. 360 hours is roughly:
Over twelve months – 1 hour per day or 7 hours per week or 30 hours per month
Over six months – 2 hours per day or 14 hours per week or 60 hours per month
FAQs
There are no entry requirements, although you should have a reasonable level of English and Mathematics.
The qualification is intended for anyone who wants to set up their own business.
- Analyse entrepreneurial and market potential
- Build the business idea
- Developing the marketing approach
- Plan the operations
- Plan the budget
- Create the business plan and pitch
- The six elements are designed to build into a business plan that will give a good start to any new business venture.
- The plan is then submitted for external moderation by ABE.
There are six elements in total and each one should take 60 guided learning hours which is the total time you are likely to spend studying including all your time spent on listening to the lectures, reading the online information, reading the required texts, undertaking the exercises, discussions with other students and completing the assessment. The qualification is taught online, so you can start at any time as you are not restricted by term times. You will receive your log in and password for the Teaching Zone as soon as we have received payment. All you need is Internet access!
The time it takes in practice is up to you, and will vary depending on your commitment and how easy you find it to study. 360 hours is roughly:
Over twelve months – 1 hour per day or 7 hours per week or 30 hours per month
Over six months – 2 hours per day or 14 hours per week or 60 hours per month
No worries! Our main priority is to ensure that you feel completely assured about registering for the course and commencing your studies. Therefore, please feel free to contact our team of educational experts at +44 (0)20 3743 1808, and they will make every effort to assist you.
