1. Demonstrate an understanding of the theories surrounding SME development/growth/survival and how they relate to the wider environment of business support and economic development.
2. Develop and evaluate business plans taking into account issues such as time management, business/market research, team management (including co-ordination and delegation), and presentation skills.
3. Demonstrate critical self-reflection and self-evaluation of their personal development and through team experiences and activities.
Outlining your personal reflection and evaluation of the whole experience through business plan development:
• What is the hardest challenge that you’ve faced when developing a business plan? Why?
• How do you overcome this challenge?
• What is the most important lesson that you’ve learnt after developed a business plan as an entrepreneur?
Refer to : Enterprise and small business: principles, practice and policy – Carter, Sara, Jones-Evans, Dylan 2012 for references : Entrepreneurship and small business: start-up, growth and maturity – Burns, Paul 2011
Book Essential reading
Journal of business venturing
Entrepreneurship theory and practice
Demonstrate an understanding of the theories surrounding SME development/growth/survival and how they relate to the wider environment of business support and economic development.
2. Assess the relevance and impact of Government initiatives in relation to the needs of SMEs, especially during start up phases.
3. Develop and evaluate business plans taking into account issues such as time management, business/market research, team management (including co-ordination and delegation), and presentation skills