Business Formation

Overview of the NPA in Enterprise
and Business
Ruth Roy
Rationale
 Strong strategic case:
– Small businesses are crucial to the economic
development and growth of Scotland
– Unfulfilled entrepreneurial potential among
younger people
– Lower business start-up rate for younger
people than any other age group
– Drive to build an Enterprise culture in
Scotland
Rationale (cont)
 Demand for a qualification in Enterprise and
Business at SCQF level 6
 Primarily suit candidates aged 18-24 in school or
FE but also those who are:
– Interested in business
– Adult returners to work
– Re-training for employment
– Considering a change of career and may be
considering self-employment
Aims
 Enhance and develop enterprising skills and
attitudes
 Develop knowledge to support business start-up
activity
 Develop knowledge and skills in promoting a
business
 Enhance and develop knowledge of customer
management techniques
 Provide practical, experiential learning about starting
a business and transferable skills for employment
 Enable progression within the SCQF
 Provide the opportunity to develop
Core Skills.
NPA Content and Structure
Unit Title
SCQF
credit
Points
SCQF
Level
NQ
Credit
Value
Business Formation: An Introduction
6
6
1
Business Skills and Behaviours
6
6
1
Business Formation: Commercial
Aspects of Law
6
6
1
Finance and E-Business
6
6
1
Business Formation: Developing a
Business Idea
6
6
1
 All Units are mandatory
 5 NQ credits required to achieve NPA
Business Formation: An introduction
Content
 Introduce a broad range of topics key to business
formation
 Carry out basic research on sources of help
 Investigate the viability of a business idea
 Produce an action plan
Assessment
 Portfolio to gather evidence of work
 Practical assignments
– Present idea to a panel, action plan,
risk assessment
Business Skills and Behaviours
Content
 Identify the skills and behaviours necessary for
success in business
 Provide a framework for personal development
Assessment
 Portfolio to gather evidence of work
 Self assessment checklist
 Personal development pan
Business Formation:
Commercial Aspects and Law
Content
 Legal characteristics of different business models
 Contracts
 Sources of legal assistance
Assessment
 Portfolio to gather evidence of work
 Investigative task
– Research project
Finance and E-Business
Content
 Sources of funding
 Financial management
 Use of Internet for business transactions
Assessment
 Written/oral evidence
 Portfolio to gather evidence of work
 Practical tasks and investigations
– Cash forecast
– Product Listing
Business Formation:
Developing a Business Idea
Content





Research a business idea
Planning for a new business
The importance of effective marketing strategies
Business identity
Customer Care
Assessment
 Portfolio to gather evidence of work
 Practical investigation/research
Support Materials
 Assessment Support Packs
 Continuing Education Gateway
– Skills Express: www.skillsexpress.net
 Social Enterprise Academy:
– www.theacademy-ssea.org
 Learning and Teaching Scotland
– Enterprise in Education video bank:
www.lts.org.uk
– Glow