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BTEC Business Unit 36, Starting a Small Business P4 (Describe the legal and financial aspects that will affect the start-up of the business)$3.89
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BTEC Business Unit 36, Starting a Small Business P4
BTEC Business Extended Diploma
Unit 36, Starting a Small Business P4
This is the complete version of the coursework assignment, which has already been marked and approved by a teacher.
P1 P2 P3 P4 P5 P6 M1 M2 M3 D1 D2
(Describe the legal and f...
Unit – 36 (Starting a Small
Business)
BTEC National Diploma In Business Level 3
The Date
Author: Your Name
Your Teacher
1
,Unit 36: Starting a Small Business P4
Unit 36 – Starting a Small Business
On completion of this unit I should:
1) Be able to present the initial business idea using relevant criteria.
2) Understand the skills and personal development needed to run the business successfully
3) Know the legal and financial aspects that will affect the start-up of the business
4) Be able to produce an outline business start-up proposal
Task 2:
a) Find the cost of all the items you need to buy (capital items)
b) Estimate the costs of expenses (day to day running items including stock if relevant)
c) Estimate your sales over the next year and describe your pricing policy
d) Complete your cash flow forecast, profit and loss account and balance sheet
e) Calculate the break-even point of your business
f) Draw up your personal survival budget
g) Explain the sources of finance you will use
2
,Unit 36: Starting a Small Business P4
Cost of the items (capital Items)
Capital items – are any tangible assets that an organization uses to produce goods or services such
as, equipment and machinery.
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