Learn how to identify and evaluate potential business opportunities. This unit covers market research techniques, feasibility analysis and the assessment of business viability to ensure your venture can succeed in the competitive market.

You'll also learn about trend analysis, competitive analysis and SWOT analysis to make informed decisions.

Learn how to research and create detailed business plans.

This unit focuses on setting business objectives, developing strategic plans and preparing comprehensive financial projections to guide your business growth. You will also explore market segmentation, target market identification and strategies for competitive advantage.

Gain expertise in creating and presenting compelling business proposals. You will learn how to structure proposals, include key financial data and present your ideas effectively to potential investors or stakeholders.

This unit also covers persuasive communication techniques and the use of visual aids to enhance your presentation.

Develop skills to effectively plan and manage the financial aspects of your business. This includes budgeting, cash flow management, financial forecasting, and securing funding to ensure financial stability and growth.

You will also learn about different financing options, including loans, grants and venture capital.

Learn to identify and establish legal and risk management requirements for running a compliant and secure small business.

This unit covers legal structures, regulatory requirements, risk assessment and mitigation strategies. You will also understand the importance of intellectual property, contracts and employment law.

Enhance your critical thinking abilities to solve problems and improve work practices. This unit teaches analytical thinking, decision-making processes and innovative problem-solving techniques to enhance business operations.

You will also explore methods for fostering a culture of critical thinking within your team.

Understand how to create and implement effective marketing strategies to promote and grow your business. You will learn about market analysis, marketing planning, digital marketing and customer engagement techniques.

This unit also covers branding, social media marketing and the use of analytics to measure marketing effectiveness.

Enhance communication skills to ensure effective interaction within the workplace.

This unit covers communication strategies, active listening, conflict resolution and interpersonal skills essential for a collaborative work environment. You will also learn about cultural competency and effective communication in diverse teams.

Learn how to build and sustain strong business relationships to support your business goals. This includes networking strategies, relationship management, customer relationship management (CRM) systems and negotiation techniques.

You will also explore methods for maintaining long-term customer loyalty and partnership development.

Understand how to effectively recruit and onboard new team members. This unit focuses on recruitment processes, interview techniques, employee induction programs and strategies for integrating new hires into your business smoothly.

You will also learn about workforce planning, talent management and performance appraisal systems.