This module will introduce the learner to the concept of self-employment and examine the establishment of a new business, from initial idea through feasibility and market analysis to the legal obligations of the new business owner.
Entrepreneurship and Self Employment
Qualities of an entrepreneur/self-employed person;The small business environment in Ireland
Law and the small business
The legal framework for self-employment and small business in Ireland; the requirements to register with Revenue, Companies Registration Office, etc.; record-keeping obligations
Business idea generation and evaluation
Examining a range of business ideas; choosing an idea to develop; evaluating the market potential; examining the resources required to establish the business - capital, labour, premises, machinery, materials, etc.
Researching and preparing a business plan
Forecasting capital demands, cashflow planning, accessing various sources of capital, maintaining financial records
|Module Content & Assessment