| Course Name |
Business - Start Your Own Business |
| Course Provider |
Galway Technical Institute |
| Alternative Provider(s) |
Galway & Roscommon ETB |
| Course Code |
5N1418 |
| Course Type |
Lifelong Learning |
| Qualifications |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
| Level 5 Component Award (Level 5 NFQ) |
Minor |
QQI |
Level 5 NFQ |
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| Apply To |
School |
| Attendance Options |
Part time, Evening |
| Location (Districts) |
Galway City |
| Enrolment and Start Dates Comment |
Part-time evening courses commences on Monday 2nd October 2017 for the Autumn term. Courses will run on Monday/Tuesday/Wednesday evenings. Learners will have opportunities to upskill by partaking in courses with QQI certification or take courses which have a social or personal interest. |
| Application Weblink |
Web Page - Click Here |
| Duration |
10 weeks. Wednesday 7.00 - 10.00pm. |
| Course Fee |
Course fee €210, Exam registration fee €20. Total €230. |
| Financial Support |
Expand+Fee Concession:
For a course to commence, it is necessary to enrol a minimum number of participants. The disabled, registered unemployed and OAPs, may be entitled to a 25% reduction in tuition fees in certain viable courses if evidence to support...
Hide-Fee Concession:
For a course to commence, it is necessary to enrol a minimum number of participants. The disabled, registered unemployed and OAPs, may be entitled to a 25% reduction in tuition fees in certain viable courses if evidence to support that claim is presented at time of enrolment. This documentation must show your current status, home address & PPS number. A social welfare card is not acceptable, as it does not indicate current status. Refunds will not be made on evidence produced post-enrolment. Please note that a maximum of four places will be offered at the reduced rate per viable course. Concessions are not available on all courses.
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| Comment |
Expand+Terms & Conditions
Viable Course: For a course to commence, it is necessary to enrol a minimum number of participants. If this number is not reached, the course will be cancelled. If you have paid for a course which is subsequently cancelled, you wi...
Hide-Terms & Conditions
Viable Course: For a course to commence, it is necessary to enrol a minimum number of participants. If this number is not reached, the course will be cancelled. If you have paid for a course which is subsequently cancelled, you will be notified and a full fee refund will be processed automatically. All other courses must remain viable and be self-financing: therefore NO REFUNDS, under any circumstances, are available once a course has commenced. A participant will not be permitted to commence a course/module unless the course/module has been paid for in full by the learner prior to commencement.
Course Deferral: Once a course commences, participants may not defer their place on that course to another term.
Transfers Policy: If a participant wishes to transfer to a different course within the same term, a request should be sent in writing to Director of Adult Education, GTI, Fr. Griffin Road, Galway.
Assignments/Projects: Dates for submission of coursework will be provided by the tutor at the beginning of the course. Coursework will not be returned to the participant once submitted for assessment. Therefore, it is advised that a hard copy of all coursework submitted should be retained by the student.
Self-directed learning: It is the responsibility of the participants to inform themselves as to course content, duration, etc.
Change of Address: The college needs to be informed of any changes of address so as to ensure the prompt delivery of all correspondence.
Smoking: Smoking is strictly prohibited in any part of the premises.
Student Property: Responsibility cannot be accepted for loss or damage to the property of participants.
Disclaimer: The contents of this site are for information purposes only. No guarantee is given that the programmes, syllabi or fees may not be altered, cancelled or otherwise amended at any time.
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| Course Content |
Course Overview:
The purpose of this award is to equip the learner with the knowledge, skill and competence to compile a business plan to enable the learner to start their own business. |
| Subjects Taught |
Expand+Specific Learning Outcomes
Unit 1
The Business Environment
Learners should be able to:
10.1.1 distinguish between different business structures, to include sole trader, partnership, private limited company, public limited company, cooperati...
Hide-Specific Learning Outcomes
Unit 1
The Business Environment
Learners should be able to:
10.1.1 distinguish between different business structures, to include sole trader, partnership, private limited company, public limited company, cooperative
10.1.2 describe the political, economic, social and technical factors that effect entrepreneurial activity
10.1.3 identify the main characteristics of Small and Medium-sized Enterprises (SMEs)
10.1.4 describe the internal factors that contribute to the success and failure of Small and Medium-sized Enterprises (SMEs)
10.1.5 define the following terms: opportunities audit, feasibilities study, business plan, market research
10.1.6 identify the legal requirements for setting up a business and registering a company
10.1.7 identify the methods for disbanding a business
10.1.8 explain the safety, health and environmental regulations
that apply to the workplace
10.1.9 recognise the importance of ethics within business
10.1.10 identify a range of personal and practical skills required for developing a successful business
10.1.11 explain the importance of the following: leadership, creativity, problem solving, risk management, ability to identify opportunities
10.1.12 identify the significance of time management and training and development
10.1.13 identify the importance of effective planning, organisation and management when running a business.
Unit 2 Planning and Decision Making
Learners should be able to:
10.2.1 identify sources of information required to develop a business
10.2.2 locate appropriate agencies to assist the process
10.2.3 identify appropriate means of finance
10.2.4 identify a range of business opportunities in the local environment
10.2.5 identify appropriate strategies for market research, marketing, finance, personnel requirements
10.2.6 design a market questionnaire for a business idea
10.2.7 select appropriate technologies for use in a business
10.2.8 identify the personnel needs of the business
10.2.9 identify individual and group training needs
10.2.10 follow appropriate procedures for organising and holding business meetings
10.2.11 identify legal and statutory requirements to include payroll, VAT, health and safety
10.2.12 analyse the potential strengths, weaknesses, opportunities and threats (SWOT analysis) to the business
10.2.13 devise short, medium and long term plans for the business
10.2.14 identify a number of decision-making models
10.2.15 make decisions based on data available
10.2.16 set personal goals
10.2.17 work effectively with others
10.2.18 identify the benefits of team work.
Unit 3 The Business Plan
Learners should be able to:
10.3.1 outline the main elements of a business plan
10.3.2 carry out an audit of enterprise opportunities in the locality
10.3.3 identify a specific product or service for development
10.3.4 carry out a feasibility study as appropriate
10.3.5 cost the development of product or service, including all relevant capital and revenue costs/expenses
10.3.6 determine sources of finance
10.3.7 consult relevant experts or consultants
10.3.8 compile a business plan
10.3.9 set realistic targets
10.3.10 apply ‘what if’ scenario to data and valuations.
Unit 4 Implementation
Learners should be able to:
10.4.1 design and construct a prototype
10.4.2 devise a production or delivery schedule
10.4.3 apply an appropriate marketing strategy
10.4.4 identify gaps or areas for improvement in the business plan
10.4.5 devise an appropriate accounting and/or recording procedure
10.4.6 apply all statutory requirements and regulations
10.4.7 produce product or supply service
10.4.8 monitor quality, costs and customer relations.
Unit 5 Evaluation and Review
Learners should be able to:
10.5.1 recognise the importance of evaluating all stages of the process
10.5.2 compare targets with actual results
10.5.3 identify areas of success and areas that require improvement
10.5.4 outline future plans for product/service
10.5.5 outline future resources required
10.5.6 record experience gained and lessons learned
10.5.7 carry out a personal review to identify skills and qualities that have been developed.
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| FET Code |
5N1418 Start your Own Business |
| Further Enquiries |
Institiúid Teicniúil na Gaillimhe
Fr Griffin Road, Claddagh, Galway, Ireland
tel +353 (0)91 581342
fax +353 (0)91 589267
email info.gti@gretb.ie |
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