Getting your business idea of the ground is a real challenge in today’s tough economic climate. Tough times mean you need to be truly well prepared to answer the questions of potential investors, banks, and even your family if you are to invest in a new venture. This course in understanding business development will help you develop your business proposition, enabling you to evaluate its commercial viability, and identify and plan for the resources and actions you need to develop your business.
This course works through a series of practical analyses activities, and provides you with a range high value analytical tools you can use as you develop your business and operational plans.
- Suitable For: First-line and Middle Managers and Business Owners
- Course Duration: 20 Hours
- Access: 3 months
- Certification: Download your Certificate on completion
- Additional Resources: Download comprehensive Learners manual, additional articles and worksheets
This course comprises the following lessons:
Lessson 1 – Getting Started
Video – Are you Ready to Start a Business?
SECTION 1: UNDERSTANDING BUSINESS DEVELOPMENT
Lesson 2 – Is owning a Business for you?
Video – Top 5 Personality Traits for Success
Lesson 3 – Skills and Knowledge
Video – Schooling your need to start a business
Lesson 4 – Business Opportunities
Video – Balancing Family and Work
Lesson 5 – Buying a Franchise
Video – The Benefits of Franchising
Video – The Downsides of Franchising
Lesson 6 – Risks and Challenges
Understanding Business Development – Quiz 1
Lesson 7 – Evaluating your Business Idea
SECTION 2: DEVELOPING YOUR BUSINESS IDEA
Video – You have an idea – now what?
Lesson 8 – Assess Competitive Viability
Video – Validate your Business Model
Lesson 9 – Assess Economic Viability
Understanding Business Development – Quiz 2
Lesson 10 – Getting Feedback on your Idea
Video – Using Kickstarter
SECTION 3: FORMING AND GROWING YOUR BUSINESS
Lesson 11 – The Business Structure
Video – Choosing a Business Structure
Lesson 12 – Exit Strategy
Video – What is your Exit Strategy?
Lesson 13 – Planning the Development
Understanding Business Development – Quiz 3
Lesson 14 – Wrapping-up
Developing your Business – Course Evaluation
CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION