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Start Your Own Business

Lifelong Learning
5N1418
Award Name Level 5 Component Award (Level 5 NFQ)
NFQ Classification Minor
Awarding Body QQI
NFQ Level Level 5 NFQ
Award Name NFQ Classification Awarding Body NFQ Level
Level 5 Component Award (Level 5 NFQ) Minor QQI Level 5 NFQ
Course Provider:
Alternate Provider:
Location:
Monaghan Town
Attendance Options:
Part time, Evening
Apply to:
Course provider

Duration

12 weeks (36 hours). Wednesday evenings: 6.00pm – 9.00pm (3 hours per evening).

Further information

To check out the next start date / enrolment date for evening courses please view the college website
https://monaghaninstitute.ie/courses/evening-courses/

or contact eveningcourses@cmetb.ie to register or call 087 4054311 or 049 4353904.

Monaghan Institute, Monaghan Education Campus, Armagh Road, Monaghan.

All Level 5 evening courses are free of charge under the Skills to Advance or Skills to Compete initiative.

This programme module aims to equip the learner with the knowledge, skill and competence to compile a business plan to enable the learner to start their own business.

Learners will be able to:
• Explore the legal requirements and regulations pertaining to starting a variety of business structures

• Analyse the personal, functional and business factors that contribute to business success

• Research the relevant sources of business start-up information and support available to entrepreneurs

• Examine the market for new product or service niches

• Assess the potential strengths, weaknesses, opportunities and threats to the business

• Explain the role and function of a realistic and coherent business plan

• Examine the importance of complete and correct business documentation to include budgets, cash flow and financial statements

• Apply for the legal, financial and government agency and other support required by the business

• Conduct opportunity, feasibility and market research studies

• Design a product or service to be provided by the business

• Analyse revenue, costs, quality and customer service elements of the new business

• Analyse the internal and external business environment pertaining to a new business start up

• Create appropriate funding, marketing, finance, technology and staffing strategies for the business

• Construct a business plan

• Organise independent or third party review of the business plan

• Analyse the business and business plan post the external review, recognising strengths and making improvements

5N1418 Start Your Own Business

Why study for an Evening Qualification?
- Gain a competitive advantage in the workplace by enhancing your knowledge and skills

- Enhance existing qualifications and CV

- Develop both academically and professionally (enhanced skills such as communication, leadership skills, listening skills)

- Personal development and self-actualisation felt when you obtain a recognised national qualification.

- Develop a personal interest

- Adapt to workplace changes

- Flexible learning – courses are delivered on a part time basis

Charlotte Dunne
Community Education Facilitator (Evening Provision)
Cavan Monaghan ETB
Email: eveningcourses@cmetb.ie
Tel: 049 4353904
Mob: 087 4054311

Course Provider:
Alternate Provider:
Location:
Monaghan Town
Attendance Options:
Part time, Evening
Apply to:
Course provider