Unit 1: Enterprise and Entrepreneurs

Unit 1 Specification

A: Explore the Nature of Enterprise

BTEC Enterprise and Entrepreneurship: Unit 1: Enterprise and Entrepreneurs

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A1 Using Technology to Reduce Risk
A1 Identifying and Addressing Risk
A1 Enterprise and Entrepreneuship
A1 Types of Enterprise
A1 Legal Formats for Enterprise
A1 Sole Trader
A1 Partnership
A1 Private Limited Company
A1 Public Limited Company
A2 Mindset of the Entrepreneur

B: Investigate the Motivations for Entrepreneurship

BTEC Enterprise and Entrepreneurship: Unit 1: Enterprise and Entrepreneurs

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B1 The Role of Motivation When Starting a New Venture
B2 Barriers to Setting up a New Venture
B3 Importance of Entrepreneurs to the Economy

C: Examine the Opportunities and Constraints for Enterprises and Entrepreneurs

BTEC Enterprise and Entrepreneurship: Unit 1: Enterprise and Entrepreneurs

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C1 Sources of Finance
C2 Government Support and Non-Government Support
C3 Competition and Competitive Advantage

D: Examine the Entrepreneurial Skills Required to Launch an Enterprise

BTEC Enterprise and Entrepreneurship: Unit 1: Enterprise and Entrepreneurs

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D1 Entrepreneurial Skills
D2 Assess Potential Enterprise Opportunities
D3 Develop the Idea