OCNLR
    Level 3
    QN: 600/5633/2
    Curriculum Active

    OCNLR Level 3 Award in Creating a Business: Concept and Planning

    Official qualification regulated by Ofqual, awarded by OCNLR. Classified as a Other Vocational Qualification. Total guided learning hours: 54 hours.

    Qualification Level
    Level 3
    Awarding Body
    OCNLR
    Syllabus Units
    3 Units
    Guided Hours
    54 hrs
    Instant access to interactive lessons, quizzes, and spaced revision.

    Course Syllabus & Study Modules

    Complete breakdown of verified curriculum topics and learning objectives.

    1

    Deciding on a Business Model for a Product or Service

    Verified
    Key Learning Objectives:
    • Understand the implications of permits and licences needed to operate a business in a specific industry.
    • Understand the registration processes for a new business.
    • Be able to evaluate the potential of a business model for own product or service.
    2

    Finances for a New Business

    Verified
    Key Learning Objectives:
    • Be able to estimate the finances needed to fund a new business.
    • Be able to estimate income and expenditure for a new business.
    • Be able to set a realistic financial target for a new business.
    • Know how to monitor the finances of a business.
    • Understand the likely tax implications for own business.
    3

    Preparing a Business Plan

    Verified
    Key Learning Objectives:
    • Be able to produce a business plan.
    • Know how to implement a business plan.

    Regulatory & Verification Details

    Qualification Number (QN)
    600/5633/2
    Regulated Status
    Available to learners
    Awarding Body
    OCNLR
    Qualification Type
    Other Vocational Qualification
    Operational Start
    Jun 2012