Business Level 4 – Entrepreneurship and Small Business Management

Pearson/Edexcel BTEC Level 4 – Entrepreneurship and Small Business Management

Tecol Unit Code: L4B-B09
BTEC Code: T/508/0495
Format: On-line
Award: Level 4 Unit
Accreditation: Pearson
Study + Assessment Time: 60 + 90 Hours

This unit can be studied  as part of a BTEC HNC or HND in Business

Introduction

This unit provides students with an understanding of the definition and scope of entrepreneurship and an understanding of the enablers and barriers to business start-up.

Students will learn about the influence of national culture and economy on entrepreneurship and will explore the personal characteristics of entrepreneurs and the impact of personal situational factors, including education and background.

Students will also learn about the role and importance of small firms to the economy, and about social enterprise and the social economy. Students will also be expected to understand the balance of risk and reward in starting a new venture and they will investigate and reflect on their own entrepreneurial and enterprising characteristics. Examples of entrepreneurs and start-up organisations will be discussed and students will be expected to draw on local, personal and general knowledge together with their learning to be able to identify the characteristics of entrepreneurial ventures.

 

Learning Outcomes

By the end of this unit a student will be able to:

  • Explore and illustrate the range of venture types that might be considered entrepreneurial
  • Assess the impact of small businesses on the economy
  • Determine and assess the key aspects of an entrepreneurial mindset
  • Examine the different environments that foster or hinder entrepreneurship