Foundations in Business Development

$69

Designed for new business owners, this course 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.

Description

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.

COURSE DETAILS
  • 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
COURSE CONTENTS

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