Unit 29: Managing and Running a Small Business Assignment Sample-BTEC-HND-Level 5

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business This unit will teach students about the important aspects of running a small business or social enterprise in order to help them dev

Unit 29-LO4 Discuss the implications of regulation and legislation on a small business or social enterprise

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business Regulation and legislation are important aspects of any small business. Ultimately, companies always have to abide by the law, which f

Unit 29-LO3 Develop and analyze a cash flow forecast, budget, and break-even analysis and interpret key financial statements

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business Cash Flow Forecast A cash flow forecast is a prediction of an enterprise's expected cash requirement over a set time horizon. A f

Unit 29-LO2 Explain and evaluate the customer relationship management process for a small business or social enterprise, including understanding the benefits and challenges of transnational operation

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business Customer Relationship Management is a process for understanding, measuring, and satisfying customer needs in an environment of continu

Unit 29-LO1 Discuss how a small business or social enterprise plans and allocates resources to achieve objectives

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business Planning and allocation of resources are two different terms. Planning refers to the general process involved in making decisions abou

Unit 28: Launching a New Venture Assignment Sample- BTEC HND Level 5

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business This unit provides students with a practical understanding of what is required to successfully launch a new venture. It gives students

Unit 28-LO4 Suggest an appropriate legal form and compile a budget for launch

Legal form: Limited Liability Company (LLC) The budget breakdown for startup costs and assets at the time of launch: Funding = $5,000. Website domain registration and hosting fees = $240.

Unit 28-LO3 Explain and justify appropriate promotional activities to support the launch.

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business It is important to identify and analyze the promotional activities that are appropriate for your product or service. Promotional mater

Unit 28-LO2 Assess the skills and capabilities required and how these might be acquired or developed

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business There are many skills and capabilities required for new ventures and it's hard to be good in everything. What is more important is to

Unit 28-LO1 Investigate the range of resources required to launch a new venture.

Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business The resources required to launch a new venture are vast. From the physical and financial materials needed, to the people skills and ex
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