| Delivery Type | Delivery length / details |
|---|---|
| Lecture | 20 Hours. |
| Seminars / Tutorials | In groups by arrangement |
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | Business Plan - 20 pages maximum | 20% |
| Semester Exam | 2 Hours | 80% |
| Supplementary Assessment | Previous assessment carried forward | 20% |
| Supplementary Exam | 2 Hours | 80% |
On successful completion of this module students should be able to:
* Assess the importance of small businesses in the wider enconomy, especially their role in creating employment and innovation,
* Discuss the main problems associated with running a small business in terms of employee relations, marketing and financial control,
* Identify the causes and extent of small business failure,
* Plan for a new business start-up and be aware of government and other incentives to assist such ventures,
* Develop personal skills including team building and presentation skills.
The aim of this module is to familiarise students with the problems of establishing and running a small business. It also attempts to indicate the importance of the small business sector in the economy and looks at government initiatives designed to support entrepreneurship. The module also looks at the skills necessary to run a small business including HR management and marketing, as well as the characteristics of the entrepreneur. Sources of finance including bank lending and venture captial are introduced.
This module is at CQFW Level 6