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Start Your Own Business
QQI Level 5 (5N1418)

Programme Aim:

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

Programme Information:

Credit Value:

15

Dates:

To be confirmed

Cost:

Currently offered free to learners on the Webnet+ programme

Duration:

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. 

Access:

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.

Transfer:

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. 

Progression:

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.

Supports:

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 fluency:

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.

QQI Assessment

Learners who wish to achieve this QQI Component Certificate must complete a Project - Business Plan (80%) Presentation (20%)

Grading:

Pass 50% - 64%, Merit 65% - 79%, Distinction 80% - 100%

Programme Overview

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

  • Sales 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

  • Preliminary tax

  • Case studies

 

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

 

Week 11

  • Presentations

 

Week 12

  • Final Review of Programme

For more information please contact:

Programme Manager

Noreen Keegan Kavanagh

Ph: 01 4145700

or email certification@partas.ie