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
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
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
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
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
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.
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
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
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
Course: Pearson BTEC Levels 4 and 5 Higher Nationals in Business
The unit provides students with an understanding of the steps involved in creating a business, why businesses are often founded by e
