BTEC NATIONAL IN BUSINESS (MANAGEMENT)

Unit 37 – Starting a Small Business

Assignment 1 – Present your business idea

This task assesses

P1 Present the initial business idea using relevant criteria

Signed (IV) _________________________________

Print Name__________________________________

This unit is all about starting your own small business. The assignments will take you through the planning process in order to complete your own small business plan. This may be a business you are thinking of starting in the future. To complete this assignment you should think of a business idea that you will be able to research and plan for. It should be realistic. You will present your idea to an assessor and some of your class mates.

|P1 |Task 1 |
| | |
| |You should consider whether your business will be new, a franchise or whether you are going to buy an existing |
| |business. Your bank manager has asked for your thoughts on this before he/she makes an appointment to discuss your |
| |plan. |
| | |
| |Write a letter to the bank manager outline your preference giving the advantages and drawbacks of each type. You should |
| |give examples where possible. Attach any reference material e.g. a print out of an existing business for sale to your |
| |letter.