Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods".
In this online course you will learn to initiate, innovate, manage and succeed with business initiatives, discover how to be more creative in business and learn how to find opportunities and develop them!
Entrepreneurs from all around the world are continually starting up new businesses. Some succeed, others fail.
- Learn to initiate, manage and succeed with business initiatives
- Discover how to be more innovative in business.
- Learn how to find opportunities and develop them!
How do they decide what business to operate? How can you learn about the business opportunities available to you? What kind of goals should be set for a new business?
- Discuss the concept of entrepreneurship and identify the effect entrepreneurs can have on the economy.
- Identify requirements to become a successful entrepreneur.
- Clarify personal expectations, values, skills and experience.
- Identify methods of investigating business opportunities that are in line with personal and business interests and values.
- Discuss the importance of market research in order to understand potential customer requirements and market needs for a product and/or service.
- Explain the legal and ethical aspects of ownership of ideas, designs, etc.
- Explain and have the knowledge of relevant legislation and regulations affecting entrepreneurs.
- Identify and explain all factors and costs that need to be considered in starting up and managing a venture.
- Explain the essential elements of a business plan and the importance of financial planning.
- Explain the key concepts of marketing to enable the student to develop and plan marketing strategies relevant to his or her entrepreneurial venture.
- Describe various means available that can be used to launch and publicise a new venture.
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Detailed Course Outline
This course is made up of a number of lessons or units. Each of these has self assessment questions, a set task (practical homework) and an assignment which you can upload online. Click below to read about each of the lessons and what you will learn.
Detailed Course Outline..
There are 9 lessons in this course:
- Scope and Nature of Entrepreneurship
- What is a Entrepreneur
- Types of Entrepreneurs
- Factors Affecting Entrepreneurial Success
- Sources for Business Ideas
- Entrepreneurial Process
- Is Entrepreneurship Right for You
- Reasons for Becoming an Entrepreneur
- Skills Needed by Entrepreneurs
- Determining How Suited You are to Being an Entrepreneur
- Assessing opportunities
- Questions To Consider
- Assessing Opportunities
- Entrepreneurial Lifecycles (Opportunity Recognition, Opportunity Focussing, Resource Commitment, Market Entry, Full Launch and Growth, Maturity and Expansion, Liquidity Event)
- The Role of Market Research
- Obtain, Analyse, and Interpret the information necessary
- Who Will Buy Your Products and/or Services
- What Do They Want
- Market Research Steps
- Types of Market Research (Market Research, Product Research, Promotions Research, Sales Research, Company Research)
- Gathering Data (Primary Data, Secondary Data)
- What Needs Research (Physical Attributes, Behavioural Characteristics of Customers, Identifying Best Prospects)
- The Research Process
- Researching Competitors
- Tracking Trends
- Staying Ahead of Trends
- Intellectual Property
- Contract Law
- Public Domain
- Right to Privacy
- Law & the Internet
- Electronic Publishing
- Legal and Ethical Concerns
- Types of Business (Sole Trader, Partnership, Private Limited Companies, Public Limited Companies)
- Legal Obligations
- Operating a Business
- Goals and Objectives
- Resources -Premises, Equipment, etc
- Stock & Suppliers
- Identifying Business Functions
- Thinking About Expenses & Costs
- Dealing with Fluctuations in Demand
- The Business and Financial Plan
- What is a Business Plan
- Venture Capital
- Setting Goals
- Developing Procedures
- What to include in a Business Plan
- Gathering Information
- Identifying Key Issues
- Developing Strategies and Actions
- Market Opportunity Analysis
- Determine a Target Market
- Engineer a Target Market
- Market Objectives
- Launching a Venture
- Start Up Assistance
- Being Prepared for Change
- Prepare Contingency Plans in Advance
- Using Assets Well
- Think Laterally
- Core Business Focus
- Taking Calculated Risks
When you have completed your lessons you have the option of taking the optional exam. It's ok if you don't want the exam, we still issue your Careerline Certificate.
Thea Roberts B.Comm., M.A. (Leisure Management), Grad. Dip. Ed. Fitness Leaders Cert., I.T.C.
With over a decade of hospitality experience at all levels from recreation to resort General Manager, combined with both a love of education and business, Thea is a very welcome addition to Careerline Courses. Thea is actively involved in continuing professional development in both hospitality and business.
Frequently Asked Questions
Can I pay in installments?
Yes! We offer great payment plans, however full payment up front is the cheapest. You can choose the best payment plan for you from the course page, or call us on 07 55368782 to talk to one of our course consultants for a custom plan.
Can I study from anywhere in the world?
We have many international students. Careerline's range of courses are suitable for any one, anywhere in the world.
Do I get a discount if I enroll in a second course?
Yes. You may claim a 5% fee discount when you enroll in a second course, and a further 10% off a three-course package.
Do I have to sit an Exam?
No. If you are enrolled in a Certificate course (100hrs), the exam is optional. You will be issued with a certificate which proves that you are competent in all units, if you choose not to sit the exam.
Do you have set start dates?
There are no set start dates, you may start at any time. Our courses are all self-paced. As our home page says, ‘Courses for Anyone, Anywhere, Anytime’. ‘Anytime’ includes the start time of your choice. However, we do encourage our students to submit assignments on a regular basis. Wherever possible, we suggest developing a study routine.