VUSSC/Content/Entrepreneurship/Planning for the Business/Learning Objectives
From WikiEducator
< VUSSC | Content | Entrepreneurship | Planning for the Business
2. Learning Objectives
At the end of this unit you should be able to:
- discuss the rules and regulations to be followed in setting up a business,
- understand the required procedures for naming a business
- understand issues regarding trade marks service marks
- assess the opportunities for starting up your business
- identify competitors in your field of business
- analyse the business environment using the SWOT analysis
- determine the supply and demand of your product
- establish your target market
- determine the financial needs of your enterprise
- determine the initial capital requirement of your enterprise
- determine the short and the long term capital needs of your enterprise
- justify the need for a business plan
- Outline the steps involved in preparation of a business plan
- Discuss the elements of a business plan