In Business Studies students will learn the skills they will need to start up, run and grow their very own business. Students will learn about how to develop initial business ideas to form their own small business. Students will study a broad range of essential aspects of business along the way including finance, product development, advertising, recruitment and customer service.

Students will complete L1/2 BTEC First Award in Business Studies which comprises of 4 units:

Unit 1 focuses on developing an initial business idea. Students will come up with their own business idea which they then develop by creating their own business plan. Within the plan students will consider the start up and running costs of the business and their expected incomes to work out a profit forecast. They will chose some premises for the business and consider recruiting staff and advertising their product/service.
Unit 2 focuses students on being able to understand business finance. Students will learn about different types of costs and business revenue to work out profit. Students will develop this knowledge further to study breakeven points, cash flow forecasts and balance sheets.
Unit 4 focuses on the principles of customer service. Students will learn about both good and bad customer service techniques and how customer service can have on the success of businesses. Students will practice customer service skills and will study which aspects of customer service are important to different businesses.
Unit 8 considers recruitment and selection. Students will learn how to place job adverts and how to respond to job adverts. They will learn how to write a job description and person specification if they were to recruit a member of staff to their business and students will consider the characteristics they would look for in a person before offering a candidate a position. This unit teaches valuable skills which will help with interviews and gaining employment in the future.

Unit 8 considers recruitment and selection. Students will learn how to place job adverts and how to respond to job adverts. They will learn how to write a job description and person specification if they were to recruit a member of staff to their business and students will consider the characteristics they would look for in a person before offering a candidate a position. This unit teaches valuable skills which will help with interviews and gaining employment in the future.