Small Business EntrepreneurshipWith the rise of internet and mobile usage, there is a rising trend of entrepreneurs building their business purely online. Designed for entrepreneurs-to-be, this course provides learners with first-hand experience to identify a small business opportunity to plan, identify customer needs, promote and operate as an online start-up enterprise. With the knowledge, they will set up a social media page to promote their business. Related ITE Course: Nitec in Business Services, Higher Nitec in Business & Services courses
At the end of the module, students will be able to:Identify A significant business opportunity for a small business operation.Design and conduct customer survey to identify customer groups.Develop a basic promotion package.Apply basic costing concept for a small business operation.Setting up a social media page & logo creation.
S/N Module Outline 1Identify a significant business opportunity for a small business operation.Identify the core functions of a business operation.Explain the elements of a marketing mixExplain the relationship amongst the elements of the marketing mix.Explain the elements of a proposal for a small business operation.Plan a small business operation 2Design and conduct customer survey to identify customer groups.Identify the likes and dislikes of customersIdentify and state the factors affecting a small business: Prepare a market survey feedback form. 3Develop a basic promotion package.Explain the importance of promotion.Demonstrate use of promotion and design of print materials 4Apply basic costing concept for a small business operation.Identify and explain sources of funding.Prepare a basic Budgeting Plan.Prepare a basic Profit & Loss StatementDemonstrate basic Costing & Pricing techniques for a small business. 5Setting up a social media page & logo creation