|
 Academic Year:
| 2013/4 |
| Owning Department/School:
| Department of Mechanical Engineering (administered by the Learning Partnerships Office) |
| Credits:
| 6 |
| Level:
| Intermediate (FHEQ level 5) |
| Period: |
Semester 2 at Wiltshire College |
| Assessment:
| OT 100% |
| Supplementary Assessment: |
Like-for-like reassessment (where allowed by programme regulations) |
| Requisites:
| |
| Description:
| Aims: The aim of this module is to introduce students to the individual requirements of starting a small motorsport specific business. Elements ranging from becoming a new manager, through to employing people for the first time, and setting up a legal structure will be covered in this comprehensive module. Learning Outcomes: By the end of a unit a student will be able to: * Understand and evaluate the theory behind the formation of a new business, and undertake start up activities such as market research, writing business proposals and setting up a legal structure for the new business. * Understand and evaluate the range of financial and legal considerations that need to be understood to successfully start / run a small business. * Understand and evaluate the range of resources needed, to include Human Resources requirements for a new business to function correctly. * Understand and analyse the day to day running of a business in its first year, to include management activities such as Marketing, logistics, and other day to day business activities. Skills: Intellectual, * Organisational management theory (T/A), management structures (T/A), market research (T/A), legal implications (T/A), financial implications (T/A), human resources management theory (T/F/A). Professional, * Writing business proposals (T/F/A), keeping accurate records for your organisation (F/A), marketing activities (T/F/A), communication skills (F/A). Practical, * Market Research (T/F/A), writing business proposals (T/F/A), day to day business activities (T/A), Key Skills, * Communications (F/A), information collection, analysis and presentation (F/A). Content: This unit concentrates on: Introduction: * Becoming a new manager * Managing in small businesses Starting a Business: * Considerations / Challenges * Market research * Financial backing / Writing business proposals * Choosing and setting up a legal structure Tax, payroll & company information: * Taxes and paperwork, VAT, Payroll Information Your workplace: * Choosing and setting up premises * Keeping the workplace safe and your employees healthy Employing people: * Human resources, * Recruitment / selection processes * Training and development * Employment law Managing your business: * Sales and marketing including customer service * Financial control * Contracts and suppliers / supply chains, logistics * Business writing / meetings / presentations, etc. |
| Programme availability: |
LP20589 is Compulsory on the following programmes:Programmes administered by the Learning Partnerships Office
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