Start Your Own Business
QQI Level 5 (5N1418)
This programme is designed to provide the skills required to start a business and the knowledge to understand the issues involved in doing so. It will provide participants with real life experience of investigating and evaluating a business idea
Who should complete this programme?
Anyone who is interested in learning how to start a business in Ireland and who may wish to become self-employed.
Learners who attend this programme will be able to:
Develop appropriate knowledge and skills for starting a business
Understand the processes involved in starting, operating and evaluating a business
Appreciate how a range of internal and external factors can influence the development of a business
Appreciate the importance of good planning, organisation, implementation and evaluation skills
To be confirmed
Currently offered free to learners on the Webnet+ programme
This programme will currently run for one morning a week for 12 weeks either online using the Zoom platform or face to face. Learners will be required to complete work in their own time.
To access this programme leading to a Level 5 Award the learner should have reached a Level 4 or equivalent. This may have been through a formal qualification or through relevant life and work experience.
Recognition of Prior Learning (RPL):
Participants may wish to apply for exemption from parts of this programme based on prior learning experience, valid and reliable evidence will need to be provided.
On successful completion of this component award enables the learner to transfer to programmes leading to other certificates where this component is a mandatory or an elective requirement.
This minor award leads to a Level 5 award on the National Framework of Qualifications (NFQ) and can be used to meet the requirements of the following Major Awards: ebusiness, Floristry, Photography, Security Systems Technology, Horticulture, Animal Care, Horsemanship. Fashion Design and Agriculture.
A range of accommodations and supports are available according to specific needs of the learner. Please ensure you provide us with as much information as soon as possible.
Required in generic skills such as English/literacy/numeracy/interpersonal skills.
IT Equipment Required
You will need the use of a laptop or PC (with internet connection if delivered online) in order to complete this programme . You will require a working knowledge of Zoom and MS Word / MS Excel or equivalent.
Learners who wish to achieve this QQI Component Certificate must complete a Project - Business Plan (80%) Presentation (20%)
Pass 50% - 64%, Merit 65% - 79%, Distinction 80% - 100%
Week 1 Introduction to Starting Your Own Business in Ireland
Overview of module objective
Nuts and bolts of setting up a business/ being self-employed
Legal forms of business
Week 2-4 Market Research / Market Analysis
A comprehensive analysis of the specific market, identifying relevant competition, market entry requirements, new product development, financial requirements
Primary and secondary research
A clear assessment of the business environment in which the business intends to compete, using SWOT/PESTLE, Customer and Competitor analysis
Week 5-6 Marketing and Sales Strategy
Marketing strategy for the company – how the company will be promoted, how the product will be launched
Marketing and communications strategy
Social media marketing
Week 7 Tax and Your Business
How to stay compliant with the requirements of the Irish Tax system
What qualifies as a business expense?
How are taxable profits calculated
Week 8 Financial Understanding for the Business Plan
Understanding the Cashflow, Breakeven analysis, Profit and Loss (how to prepare a cashflow spreadsheet)
Exploring financial and mentoring assistance available locally
Week 9 Networking
Its importance in developing and growing your business
How to network effectively
Week 10 Q & A
Business plan queries
Final Review of Programme
For more information please contact:
Noreen Keegan Kavanagh
Ph: 01 4145700
or email firstname.lastname@example.org