C.2, P.6: Feedback

Pass standard – assessment criteria - Pearson (2023, p.169- 175)

Learning aim, C: Carry out a pitch for funding for the chosen micro-business 

C.2:  Review the viability and risks of the start-up using audience feedback. P.6

• Utilise a survey to investigate - potential investors opinions - on a pitched micro-business idea and outlined business plan. Example of potential questions:

1. How do you rate the potential ideas for a micro-business start-up? 

2. Were the factors considered for the start up a micro-business content robust enough?

3. Was the market analysis and planning sufficient for the pitch?

4. Were the legal aspects of pitch appropriately covered?

5. Was the financial aspects of the pitch adequately accommodated?

6. How well was the Marketing Mix presented?

7. How likely is it that you would recommend the business idea to a colleague?

** Learners should provide traceable answers (Harvard referencing) ** OU (2023)

Task C.2: P.6:  Online resources.

• Hyperlinked example of audience survey Hilton (2023, AS)

• Witness statement template. Hilton (2023, WS)

• Unit 19: Pitching for a New Business - weblog. Hilton (2023)

• Harvard referencing - is a form of evidence, which - provides traceability to aspect of your scripts and can help validate your submission. O.U (2023).

Bibliography 

• Hilton, D (2023, C): Learning aim {C}: Carry out a pitch for funding for the chosen micro-business. Available at: https://cwc070323.blogspot.com/2023/06/learning-aim-c.html (Accessed: June 2023) 

• Hilton, D (2023, AS): Audience Survey - Example. Available at: https://www.surveymonkey.co.uk/r/QLYD3BM (Accessed: June 2023) 

• Hilton, D (2023): Unit 19: Pitching for a New Business - weblog. Available at: https://unit19cwc23.blogspot.com/ (Accessed: June 2023) 

• Pearson (2022, p.169-175): Unit 19: Pitching for a New Business. BTEC Level 3 National Extended Diploma in Business – Specification – Issue 14 – July 2022 © Pearson Education Limited 2022 

• OU (2023): Quick guide to Harvard referencing. Available at: https://www.open.ac.uk/library/referencing-and-plagiarism/quick-guide-to-harvard-referencing-cite-them-right. (Accessed: June 2023).