Unit 36 Starting a Small Business

P4 describe the legal and financial aspects that will affect the start-up of the business P5 produce a proposal containing the essential information for the start up of a business.

M1 explain methods used to identify the target market for the proposed business

BTEC level 3 Business with Finance Extended Diploma Unit 36 - Starting a Small Business P4 Describe the legal and financial aspects that will affect the start-up of the business M3 Assess the implications of the legal and financial aspects that will affect the start up of the business. (also includes some parts of P5) Very detailed and excellent quality work! Please leave a review, thank you!

P2 explain how to identify the target market

P5- Produce a proposal containing the essential information for the start-up of a business D1- Present a comprehensive business proposal that addresses all relevant aspects of business start-up

Explain methods used to identify the target market for the proposed business

P3-Individually complete a skills audit based on the skills needed to run your business. M2- you will need to analyse the skills needed to run your business, identify your skills gap, and identify which skills you need to develop.

P3 describe the skills needed to run the business successfully and what areas require further personal development M2 analyse the personal development needed to run the business successfully

M3 assess the implications of the legal and financial aspects that will affect the start up of the business.