OCNLR
Level 2
QN: 600/5531/5
Curriculum Active
OCNLR Level 2 Certificate in First Steps to Enterprise
Official qualification regulated by Ofqual, awarded by OCNLR. Classified as a Other Vocational Qualification. Total guided learning hours: 136 hours.
Qualification Level
Level 2
Awarding Body
OCNLR
Syllabus Units
10 Units
Guided Hours
136 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
OCNLR Level 2 Certificate in First Steps to Enterprise
Street Market Trading as a Business Option
Verified
Key Learning Objectives:
- Understand local trading conditions for a street trading business., Know the legal implications of street market trading., Be able to establish whether street market trading is a viable proposition for his/her own business.
2
OCNLR Level 2 Certificate in First Steps to Enterprise
Financial Considerations for a New Business
Verified
Key Learning Objectives:
- Know how to estimate the income and expenditure of a business., Know how to estimate profit and loss for a business., Know the financial information that needs to be recorded for a business., Understand the basic principles of cash flow., Identify potential sources of finance for a business.
3
OCNLR Level 2 Certificate in First Steps to Enterprise
Considering the Potential to Run a Business from Home
Verified
Key Learning Objectives:
- Assess the benefits and challenges of running a business from home.
- Explain the legal and administrative implications of running a business from home.
- Evaluate the financial implications of running a business from home.
- Identify the key legal requirements for home-based businesses.
- Analyse the financial costs and benefits of operating from home.
4
OCNLR Level 2 Certificate in First Steps to Enterprise
Understanding the Impact of Welfare Benefits and Tax Credit Systems for a Business Start Up
Verified
Key Learning Objectives:
- Distinguish between welfare benefits and tax credits
- Explain the purpose of a 'better off' calculation
- Conduct a 'better off' calculation for a given scenario
- Identify sources of support for starting a business
- Describe the process of accessing business start-up support
5
OCNLR Level 2 Certificate in First Steps to Enterprise
Generating and Assessing a Business Idea
Verified
Key Learning Objectives:
- Be able to generate a viable business idea., Be able to assess the potential of a business idea., Know how to take a business idea forward.
6
OCNLR Level 2 Certificate in First Steps to Enterprise
Understanding Social Enterprise
Verified
Key Learning Objectives:
- Understand the purpose and function of a social enterprise., Be able to identify whether his/her business idea has the potential to be a social enterprise.
7
OCNLR Level 2 Certificate in First Steps to Enterprise
Assessing Your Capacity to Start and Run a Business
Verified
Key Learning Objectives:
- Understand the skills needed to run a business., Understand the time commitment involved in running a business., Be able to evaluate his/her ability to start a business.
8
OCNLR Level 2 Certificate in First Steps to Enterprise
Legal Aspects of Trading for a New Business
Verified
Key Learning Objectives:
- Explain the key differences between a sole trader and a private limited company.
- Compare the advantages and disadvantages of operating as a sole trader versus a private limited company.
- Identify the permits and licences required to operate a business in a given industry.
- Describe the process for obtaining a specific licence or permit for a new business.
- Evaluate the legal implications of choosing a particular business structure.
- Apply knowledge of licensing requirements to a real-world business scenario.
9
OCNLR Level 2 Certificate in First Steps to Enterprise
Understanding How to Sell a Product or Service
Verified
Key Learning Objectives:
- Assess the market for a product or service using appropriate research methods
- Identify the target market for a product or service
- Distinguish between features and benefits of a product or service
- Promote the features and benefits of a product or service to potential customers
- Develop a sales plan for a product or service
- Set sales targets and forecast future sales
10
OCNLR Level 2 Certificate in First Steps to Enterprise
Understanding the Uses of Social Media for Business
Verified
Key Learning Objectives:
- Understand what is involved in social media., Understand the importance of security and trust when using social media for business., Know the usefulness of social media as a business tool.
Regulatory & Verification Details
- Qualification Number (QN)
- 600/5531/5
- Regulated Status
- Available to learners
- Awarding Body
- OCNLR
- Qualification Type
- Other Vocational Qualification
- Operational Start
- Jun 2012