Developing your Business Idea

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 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 second course in the Starting out in Business series 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.

The contents of this course include:

  • Knowing your Business Model
  • Defining your USP
  • Assessing your Competitive Viability
  • Assessing your Financial Viability
  • Selecting a Business Structure
  • Knowing your Exit Strategy
  • Identifying your Resource Needs
  • Develping an Implementation Plan

Suitable For: All Learners
Course Duration: 8 Hours
Course Access Duration: You will have access to your course for 180 days from date of purchase
Assessment: Online Quizzes
Certification: Completion Certificate
Delivery: Online
Resources:  Learners' Manual, Articles and workbooks
ILM Equivalence: E.301 - Assessing the Viability of a Business Idea