Unit Code: WPGUK06
Qualification Overview
Price: £595.00
Guided learning hours: 12 classroom learning over two days and six weeks self-study
Assignments: You will have six weeks to submit your portfolio to the WPGUK
| Qualification Title | Certificate in Business |
| Who this qualification is aimed to | Those who wish to gain the necessary skills and knowledge to start a business |
| Structure | 2 mandatory units |
| Assessment Method | Assessment should be through the production of a portfolio of evidence presented for assessment to the WPGUK which is then forwarded to the IOEE to be verified by a qualified Assessor. |
| Entry Requirements | There are no formal entry requirements for this qualification. |
| Progression Routes | Those who complete this qualification may wish to undertake other WPGUK qualifications – further details of which can be found on our website. |
Unit Overview
The table below lists the units that are available within this qualification.
In order to achieve this qualification the learner must complete 14 mandatory units listed below
Unit Overview and Main Outcomes
WPGUK05 contains 2 learning outcomes which will support the learner to be able to:
| · Understand the customer and business |
| · Develop and understand a business plan |
Assessment and Grading
This unit is graded on a pass or fail. You must demonstrate evidence against all the listed learning outcomes to achieve this unit.
The following assessment methods will be used to generate evidence for this unit:
- Professional discussions (classroom)
- Observation (classroom)
- Learner statement/case study (classroom)
- 2-minute micro-presentation (classroom)
- Peer and tutor evaluation (classroom)
- Product evidence – portfolio – business plan, multiple choice and open questions (self-study)
You will have six weeks to submit their portfolio to the WPGUK
Unit Content
| CHAPTER ONE
The Customer · Attracting new customers · Take the role of the customer · Nonverbal communication · Negotiate with the customer · Aftersales |
| CHAPTER TWO
Entrepreneurship · Pitfalls · Setting goals · Contact with suppliers · Asking for discount · Strategic negotiation |
| CHAPTER THREE
Communication · Assertiveness · Standards and values · Presentation |
| CHAPTER FOUR
Business Plan · Business Plan · SWOT · PEST |
| CHAPTER FIVE
Business set up · Legal forms · Laws and regulations · Insurance · Business administration and record keeping |
| CHAPTER SIX
Marketing · Strategic provisions · Internal analysis · External analysis · Market research · Industry · Competitors · SWOT · The four P’s in marketing |
| CHAPTER SEVEN
Brand Awareness · Market research recommendations · House style |
| CHAPTER EIGHT
Financial planning · Personal budget · Sales forecast · Cash Flow · Profit and loss forecast · Balance and forecast sheet |
| ANNEX
· PESTEC |
