Investigate micro business opportunities

MiTraining

Short course

Online

£ 146.55 VAT inc.

*Indicative price

Original amount in USD:

$ 184

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Description

  • Type

    Short course

  • Level

    Intermediate

  • Methodology

    Online

  • Duration

    6 Months

  • Start date

    Different dates available

  • Online campus

    Yes

  • Delivery of study materials

    Yes

  • Support service

    Yes

  • Virtual classes

    Yes

This course covers the skills and knowledge required to consider the major elements of a business idea, undertake research to determine viability of the business opportunity and present the idea with reference to the legislative frameworks affecting the business.

It's designed for individuals who are establishing or operating a micro business for self-employment.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

Decribe business ideas

Gather information for business ideas from appropriate sources
List details of business ideas and opportunities
Research alternative business ideas in light of available resources
Specify and list products and services to match business ideas
Identify and research potential customer information for business ideas
Identify and take into account available financial, digital technology, business and technical skills when researching business opportunities
Identify market needs

Collect information regarding market size and potential from appropriate sources
Investigate market trends and developments to identify market needs relative to business ideas
Gather market information from primary and secondary sources to identify possible market needs in relation to business ideas
Identify ethical and cultural requirements of the market, and their relevance for business ideas
Identify new and emerging markets and document their features
Identify and organise information on expected market growth or decline and associated risk factors

This course is designed to help you explore new business ideas and research whether their is a demand the business services/products together with highlighting market opportunities.

There are no formal educational entry requirements for this course.

To support a successful learning experience student will require:

1. Minimum technology requirements including access to a device (desktop/mobile/tablet), reliable internet connection and use of a personal email account.

2. Access to a current or previous workplace to support the completion of work-based assessment and observation. Students who do not have access to a work environment will be supported with an alternative scenario.

This course includes the unit of competency:

BSBSMB301 Investigate micro business opportunities
Students who complete the course assessment may gain credit towards the nationally recognised Certificate III in Micro Business Operations offered by MiTraining.

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Subjects

  • Detailing
  • Alternative
  • Business
  • Available
  • Addressing
  • Investigating
  • Assessments
  • Questions
  • Written
  • Projects
  • Observation

Course programme

COURSE CONTENT

This course is structured into three modules:
  • Detailing and describing alternative business ideas, target customers, available resources
  • Identifying market opportunities, investigating trends and emerging markets and addressing risk factors
  • Understanding what market forces may impact viability of the business idea
COURSE ASSESSMENT

All accredited courses include assessment. To gain a Statement of Attainment you must attempt and be deemed “competent” in each assessment item.

Your trainer will work with you to ensure you understand what is required in each assessment item. The assessments may take the form of questions,
discussions, written projects, case studies, workplace scenarios or observation.

Each assessment method provides a different type of evidence. Taken together, the complete assessment provides a holistic view of your ability to perform competently and confidently in the workplace to the level set down in the Competency Standards.

See related categories

Investigate micro business opportunities

£ 146.55 VAT inc.

*Indicative price

Original amount in USD:

$ 184

The best Business Management courses

See all

See all