Title:

Principles of Business Start-up (RQF)

Award:

Level 1 Award

Summary:

The Level 1 Award in Principles of Business Start-up (RQF) is designed for those of you who are considering starting your own business and need the basic knowledge, skills and understanding to progress your business start-up idea from paper into reality.

This qualification will help you understand the vital rules for ensuring your business start-up is successful and covers a range of relevant topics such as:

  • business planning
  • legislation
  • tax considerations
  • marketing a product
  • understanding the sales cycle

It will also provide you with an action plan to carry out the steps needed to start up your business successfully. You will also be signposted where to seek advice and guidance on business development and financial support.

Awarding body:

Skills First

Guided learning hours:

55

Programme length:

2 weeks
2 days per week in classroom
plus home study

RQF unit no

Skillsfirst unit no

Unit title

M/507/3027

T/507/3028

K/507/3026

BSU1

BSU2

BSU3

Principles of planning for a new business
Principles of managing
Principles of promoting sales in a new business