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ENTREPRENEURSHIP AND SMALL BUS...

MICRO-CREDENTIAL IN ENTREPRENEURSHIP AND SMALL BUSINESS: INTRODUCTION TO BUSINESS PLANNING

About this Module

students enrolled
Approx. 20 hours to complete

What you will learn

This micro-credential introduces the fundamentals of entrepreneurship and small business management, with a strong focus on business plan development. Learners explore key concepts of entrepreneurship and social entrepreneurship, industries that attract small businesses, and the attributes, advantages, and challenges of small-business ownership. By completing this micro-credential, learners will be able to translate entrepreneurial ideas into a structured business plan suitable for small business start-ups.

What skills you will gain

Understanding of entrepreneurship and social entrepreneurship concepts, Ability to identify and evaluate business opportunities, Knowledge of small business industries and their advantages and challenges, Ability to recognise key attributes of successful entrepreneurs, Basic business planning skills, Ability to outline business plan components

Total contents and assessments

4 Topics, 6 Short Learning Videos, 4 Interactive Learning Materials, 2 Online Assessments (MCQ and Short Answer), 2 Self-check Activities, 1 Guided Business Plan Exercise, Total Learning Time: 18 Hours

Module Details

CLUSTER : Business & Management ( SP )
MODE/DURATION : Flexible
LENGTH : 42 days
EFFORT : 3
LEVEL : Beginner
LANGUAGE : English
CERTIFICATE : Yes
CPD POINT : 0
PRICE : Free

Associated Course (s) :
No Course

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Syllabus

This topic introduces Entrepreneurship and Social Entrepreneurship, exploring how entrepreneurs create businesses to generate innovation, profit, and economic growth, while social entrepreneurs apply business approaches to address social challenges such as poverty and healthcare. Real-world examples are used to demonstrate how both forms of entrepreneurship create value and impact society.

By the end of this topic, learners will be able to define entrepreneurship, the entrepreneurship movement, and social entrepreneurship.

This topic explores the key traits and characteristics of successful entrepreneurs, including qualities such as persistence, resourcefulness, and risk-taking. Learners will discover how these attributes help entrepreneurs identify opportunities, overcome challenges, manage uncertainty, and achieve long-term business success.

By the end of this topic, learners will be able to understand the importance of entrepreneurial traits and identify and describe the eight key attributes of successful entrepreneurs.

This topic explores the role and landscape of small businesses, focusing on the key industries that attract entrepreneurs and the realities of business ownership. Learners will examine the advantages and disadvantages of owning a small business, as well as common challenges that may contribute to small business failure.

By the end of this topic, learners will be able to identify industries that attract small businesses, explain the advantages of small business ownership, and describe its disadvantages and common causes of failure.

This topic introduces the business plan as an essential tool for entrepreneurial success. Learners will explore how a business plan helps entrepreneurs evaluate opportunities, develop strategies, guide decision-making, attract investors, and secure financing. The topic also covers the eight key components of a comprehensive business plan.

By the end of this topic, learners will be able to explain the purpose and importance of a business plan and identify and describe its eight key components.