How To Start Your Own Business (Short Course)
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How To Start Your Own Business (Short Course)
Discounted Fee Package
$391
Package Includes
- University 1st Year (Level 4) Full Course Materials and Exams
- University 2nd Year (Level 5) Full Course Materials and Exams
Also Includes
- Premium subscription of e-COTHM portal worth $250
- Premium subscription of Typsy - Australia worth $US 96
- Recognised Ofqual Qualification
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About the course
About the Course
Many people have a wish to become a business owner by starting their own business but they are not aware of the related complexities. Businesses often fail in their first operational year therefore; it is important to have related knowledge to operate a business better. This is an introductory course which is suitable for those who have recently started a small business or pursuing to start one or considering choice of self-employment in the near future. This course will provide a path to study related issues and elements in order to develop critical approach in learners. Learners will understand ways to mitigate business risks and ways to lead a business towards success. Learners will learn about business marketing strategies, pricing, competition and branding strategies in this course. Human resource management and administration related matters will also be covered. At the end of the course, learners will be asked to develop their own business plan and pitch it to an academic expert. Therefore, learners will have an excellent opportunity to implement the knowledge they have gained and get feedback from an expert on it.
Course overview
Course duration
Students can enrol onto this course at anytime. There is approximately 100 hours worth of learning material included. Students will have access to the study material for five years.
Assessment
This course is assessed by a series of self assessment exercises.
Course Details
What is Included
- All course material, including online modules and written assignments
- Personal tutor support with 1-2-1 Skype sessions
- Dedicated student support
- Access to an online social learning forum
- Assignment marking and feedback
- Free CV writing help on completion of the course.
Criteria
Am I eligible for this progamme?
This course is most suited to individuals who are at least 16 years old, have a high school education and wish to progress onto a degree at university, or the Undergraduate Level 4/5 Extended Diploma in Management with COTHM Online.
English Proficiency
Candidates who do not have English as a first language will have to demonstrate competence in reading, writing and listening skills in English.
Education Path
Career Path
Study Modules
Unit summary
This course is made up of 5 units, which cover a range of subject areas, please see below for more information:
Unit 1 Thinking of starting a business
- The problems and potential of small-business start-up
- Sources of information
- Why start a business
- Personal skills
- The realities of starting a business
- Success v failure
- Your business idea
- Am I suited to running a business
- People and roles
- Business start-up expenses
- Sources of money
- Finding premises
- Financial issues
- Legal issues
- Practical issues
Unit 2 Finance for business start up
- Looking after your money
- Budgeting for personal survival
- Financial responsibilities
- Common causes of financial failure
- Financial control
- Expenses
- Employing staff
- Pricing
- Cash flow
- Profit and loss account
- Balance sheet
- Performance ratios
- Credit terms
Unit 3 Marketing for business start up
- What marketing is
- Definitions of marketing
- Marketing in practice
- Understanding customer needs and wants
- Using marketing strategy
- The 7Ps of marketing
- Turning prospects into customers
- Types of marketing message
- Writing marketing material
- Websites
- Newsletter marketing
- The marketing plan
- Classic marketing mistakes
Unit 4 Business planning for business start up
- Purpose of a business plan
- Demands and limitations of business planning
- Basic aspects of business planning
- Business plan format
- The executive summary
- The business
- SWOT analysis
- Products and services
- Marketing
- Financials
- Business planning top tips
Unit 5 Communicating for success in business.
- Networking
- Defining communication
- The communication cycle
- Noise
- Barriers to communication
- Spoken word – general considerations
- Written word – general considerations
- First impressions
- Non-verbal behaviour
- Active listening
- Written communication
- Email etiquette
- Writing marketing copy for your business
Assessment
Awarding Body
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My favourite thing about studying with COTHM Online Business School was the ability to study at my own convenience and pace.
Catherine Tuhirirwe
Level 5 Undergraduate Extended Diploma in Management
