Learning aim {A}:

Explore potential ideas for a micro-business start-up

Task A.1: P.1:

The potential business opportunities for a micro-business start-up.

Task A.2: P.2:

The factors that need to be considered to start up a micro-business.

Task A.3: M.1:

An analyse of the internal and external factors associated with a selected micro-business start-up.

Task A.4: D.1:

An evaluate the internal and external factors associated with a selected micro-business start-up.

 

Adapted from: Hilton (2023, A)

Learning aim {B}:

Develop a business plan for a viable micro-business start-up

Task B.1: P.3:

Explain your marketing plan for a selected micro-business.

Task B.2: P.4:

Explain how legal and financial aspects will affect the start-up of the business.

Task B.3: M.2:

Analyse the financial and marketing plans for your micro-business.

Task B.4: D.2:

Evaluate your plan for a micro-business and justify your conclusions.

 

Adapted from: Hilton (2023, B)


Learning aim {C}:

Carry out a pitch for funding for the chosen micro-business

Task C.1: P.5:

Pitch for funding to start up a micro-business.

Task C.2: P.6:

Review the viability and risks of the start-up using audience feedback..

Task C.3: M.3:

Effectively present an individual pitch to negotiate funding for a micro-business start-up, analysing audience feedback and viability issues.

Task C.4: D.3:

Demonstrate individual responsibility and effective self-management in the preparation, delivery and review of the presentation of a high-quality pitch.

 

Adapted from: Hilton (2023, C)