- Capability and core competencies. | Time constraints. | Financial constraints.
- Potential stakeholder influences. |Access to physical resources. | Availability of IT.
- Environmental influences. | Internal risks. | External risks.
In this unit, you will investigate a potential micro-business idea and outline a business plan. You will present your business plan to potential investors with a view to securing appropriate funding. It is important that you are able to recognise what should be included in a pitch and how the process of idea formulation, selection, planning and presentation should be managed in order to secure funding.
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