Course Resources Archive
BM6106: New Business Enterprise
Module Title | New Business Enterprise |
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Module Code | BM6106 |
Module Tutor | Clive Kerridge |
School | Business and Management |
CAT Points | 15 |
Level of Study | 6 |
Pre-requisites | None |
Co-requisites | None |
Restrictions | Cannot be counted with modules BM5201, BUE201 or EVM304 or BMN313 |
Brief Description | This is an integrative module, enabling students to draw upon and apply learning from a range of previous studies. It is also an opportunity to develop the practical skills necessary for the creation of a sustainable new venture. With tutorial guidance, small groups of students working in teams will select an entrepreneurial idea and develop it into a written business plan, for eventual presentation and discussion with an expert panel. The module will be appropriate for business students and those from other disciplines, including the creative industries, with an interest in self-employment and entrepreneurship. Throughout the module, there will be a series of supporting seminars on relevant topics, plus regular business planning tutorials in which students will share and discuss problems encountered at various stages of the development of their business plans. |
Indicative Syllabus | The module covers the full range of issues in establishing a new business (in private or third sectors), with a focus on SMEs and small family or freelance enterprises. This includes business plans and planning; business ideas and opportunities; enterprise start-up; market analysis; sales forecasting; promotion and PR; legal forms of business; profit and loss, cash flow and balance sheet forecasting; breakeven analysis; sensitivity analysis; sources of funds; funding strategies; bank lending; venture capital; accounting for sales tax or VAT and PAYE; enterprise growth and growth strategies; operations planning; sustainability; business incubation; exit strategies; risk analysis; contingency planning. |
Learning Outcomes | By the end of the module, students should be able to:
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Learning and Teaching Activities | Scheduled Contact Hours: 30 Independent Learning Hours: 120 |
Assessment (For further details see the Module Guide) | 001: 75% Coursework: Group work, other: 3000 words or equivalent 002: 25% Coursework: Individual, standard written: 1000 words or equivalent |
Special Assessment Requirements | |
Indicative Resources | The Library Catalogue contains full details of the current reading list for this module. Further details may also be found in the Module Guide. |