SFEDI Awards
Level 2
QN: 601/4036/7
Curriculum Active
SFEDI Awards Level 2 Certificate In Preparing to Set Up In A New Business
Official qualification regulated by Ofqual, awarded by SFEDI Awards. Classified as a Vocationally-Related Qualification. Total guided learning hours: 138 hours.
Qualification Level
Level 2
Awarding Body
SFEDI Awards
Syllabus Units
8 Units
Guided Hours
138 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Personal Skills and Abilities to Start a Business
Verified
Key Learning Objectives:
- Be able to reflect on own interest in starting a business
- Be able to identify personal development needs in relation to running own business
- Be able to reflect on the rewards and commitments of running own business
2
Principles of Marketing and Selling in a New Business
Verified
Key Learning Objectives:
- Understand how to identify and meet customer needs in a new business
- Understand how to market products or services in a new business
- Understand how to plan for selling products or services
3
Understand How to Plan for a New Business
Verified
Key Learning Objectives:
- Understand the factors to be considered when planning to start a business
- Know the layout and purpose of a business plan
- Know how to get information, help and advice when planning a business
4
Understanding Business Relationships in a New Business
Verified
Key Learning Objectives:
- Understand the importance of business contacts
- Understand how to build positive business relationships
5
Understanding Finance in a Business Context
Verified
Key Learning Objectives:
- Understand ways of financing a new business
- Understand how finance is managed in a business context
- Know how cash flow is managed in a business<br>
6
Understanding Negotiation of Deals in a New Business
Verified
Key Learning Objectives:
- Understand the importance of negotiation in a new business
- Understand how to negotiate deals for a business
7
Understanding the Challenges and Risks of Starting a New Business
Verified
Key Learning Objectives:
- Know why vision and values are important to a new business
- Understand the potential opportunities and risks in a new business
8
Use of AI in Social Media
Verified
Key Learning Objectives:
- Understand the role of AI in social media.2.
- Recognise the benefits and risks of using AI in social media.3.
- Identify and utilise AI tools for social media management.4.
- Create and optimise social media content using AI.
Regulatory & Verification Details
- Qualification Number (QN)
- 601/4036/7
- Regulated Status
- Available to learners
- Awarding Body
- SFEDI Awards
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Aug 2014