Million Dollar Homepage
Have you ever thought to yourself, “How could I make a lot of money really quickly without investing much?”. Well, that’s exactly what Alex Tew did. Let’s have a look …
Course: Business Planning to Grow Successful Companies
Choosing the Right Business Leader
A small and growing business selling freshly baked desserts online is looking for someone to run the business and help it expand. The Business Challenge All of the products are …
Stages of a Business Plan
A business plan is a document that explains to the reader how a business idea will be put into practice. It helps to clarify the idea for the business and …
6 principles of successful businesses
Although there is a range of factors that can contribute to the success of the business, the content below will outline a summary of key factors that have consistently proven …
Private and Public Limited Companies
A business can either be set up with unlimited or limited liability. Here we will discuss business with limited liability. A business with limited liability does not require owners to …
Sole Traders and Partnerships
There are many ways in which businesses can be classified and categorised. From the perspective of their legal identity, we will divide businesses by considering those that have limited liability …
5 unusual british exports
Every country has its own exclusive products that it would like to share with the rest of the world. This may be in the form of commodities such as oil …
Week in Review
Congratulations for completing week 3 of course 1. During this week, you learned about the types of businesses and how to plan and analyse business finances. Next week, in the …
Peer Q&A
Purpose To allow learners to reflect on what they have learnt in the week and provide a forum for learners to ask and answer questions about the week’s topics. Task …
Profitability and Liquidity
When we analyse financial documents, it is easy to focus on the profit and value of assets as a guide to performance. However, accounts can yield more detailed information and …
The PESTEL Analysis
So far we have looked at the market conditions and factors that directly have an impact on the activities of the business. These micro factors can sometimes be identified through …
Telecommunications in Kenya Case Study
Read the following article that discusses the competitiveness of the telecommunications industry in Kenya: Specifically, the article applies Porter’s five forces to the industry. You are required to read pages …
Porter’s 5 Forces
In this article, you will learn more about Porter’s 5 forces. There are a number of factors that can influence the level of competitiveness within an industry. Businesses need to …
Bannatyne Case Study
This video tells the story of how successful entrepreneur Duncan Bannatyne funded the various businesses he started. Following the video there is a quiz which tests your knowledge of the …
Reggie the Handyman
You are about to watch a video that describes how a sole trader business and partnership operate. The video gives the example of a small DIY business and how it …
