Learning Outcomes

Following this PBL cycle you should be able to:

A. Discuss the requirement for capital and explain the terms, fixed assets, stock and working capital giving illustrative examples.

B. Explain why different types of business (eg service v manufacturing) have different requirements for capital.

C. List possible sources of finance.

D. Analyse the way that these differing finance methods work and draw conclusions about their advantages and disadvantages for your business idea.

E. Explain the concept of gearing and draw some conclusions about what sort of gearing is likely to be required for your business.

F. Discuss the concept of matching in the context of raising money for business purposes.

G. List the grants that are potentially available for the type of business operation you are proposing along with relevant conditions.

H. Discuss any tax incentives that may be available for your proposed new business.

Note (Use harvard style refrencing)

Resources

Library Catalogue

Small Business Guides

How to start ad run your own Business etc

Internet

www.startinbusiness.co.uk

www.bbc.co.uk/learning/subjects/business_studies.shtml

http://news.bbc.co.uk/1/hi/business/

www.businesslink.gov.uk/bdotg/action/home?&domain=www.businesslink.gov.uk

www.smallbusiness.co.uk

www.startups.co.uk