This module introduces students the skills and knowledge needed to launch a small business successfully. This module defines and helps students acquire the personal and professional skills needed in order to develop a professional career and/or to succeed as entrepreneurs in Small and Medium sized Enterprises (SMEs).
The aim of this Module is to provide the student with : The opportunity to: 1. To raise awareness of self-employment as a career option. 2. Understand and analyse the role of the entrepreneur in the process of business start-up and development. 3. Develop and practice the skills necessary to operate effectively as entrepreneurs in the small business sector.
By the end of this module the student should be able to:
1. Reflect on the skills and qualities they possess and analyse how these relate to the skills and qualities associated with successful entrepreneurs;
2. Understand the skills and approaches the entrepreneur brings to the process of value creation;
3. Design a simple business plan which demonstrates the commercial viability of a proposed small business start-up
1 What makes an entrepreneur?
An introduction to entrepreneurship and an analysis of the skills and qualities associated with successful entrepreneurs
2 Business Ideas
Strategies for generating successful business ideas
3 Environmental scanning
Identifying a good business idea and the future direction of our organisation
4 Business Plans
Developing a credible business plan that includes evaluating business ideas Assessing risk and uncertainty; identifying potential customers, markets and market segments; assessing operations, USP and competition; price vs quality & profits.
5 Getting finance
Presenting the business idea; different potential sources of finance
Teaching and Learning Work Loads
|Teaching and Learning Method||Hours|
SCQF Level - The Scottish Credit and Qualifications Framework provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.
Credit Value – The total value of SCQF credits for the module. 20 credits are the equivalent of 10 ECTS credits. A full-time student should normally register for 60 SCQF credits per semester.
We make every effort to ensure that the information on our website is accurate but it is possible that some changes may occur prior to the academic year of entry. The modules listed in this catalogue are offered subject to availability during academic year 2021/22 , and may be subject to change for future years.