The aim of this unit is to focus on how business objectives are to be achieved once they have been decided. This unit focuses on the methods that businesses can use in order to meet their objectives. It breaks these methods down into functional areas: marketing, finance, human resources and operations management (including purchasing and stock control). For more materials relating to this resource, please visit the NGfL site, linked below.

A comprehensive set of resources for Supporting Number in Key Skills. Includes ‘How To’ worksheets for the following occupations: Care, Hospitality and Catering, Wood Occupations, Motor Vehicle, Travel These resources can support the learner in developing and applying Number skills and knowledge within a workplace context. They include ‘How To’ guides for the main components of the Key Skills in Number. These will help apprentices to acquire and practise their skills as a natural part of their day-to-day work.

In this unit you will find out about the stages involved in business start up, including the different types of ownership, legal implications, business objectives and stakeholders. You will develop basic knowledge of marketing, human resources; physical resources and costing a business start up. You will also learn about the importance of monitoring the quality of goods and services. You will also gain skills on financial planning, including start up costs, running costs, cash flow forecasting, break-even, profit and loss, balance sheets, budgeting and variance analysis.

A comprehensive resource that complements ED EXCEL unit 3. The resource covers the following topics: Financial documents; Payments; Costs: Cashflow; Budgets: Break even; Profit and loss; Balance Sheet; Stakeholders; Sources of finance' Financial planning. For more materials relating to this resource, please visit the NGfL site, linked below.

In this unit you will find out about the stages involved in business start up, including the different types of ownership, legal implications, business objectives and stakeholders. You will develop basic knowledge of marketing, human resources; physical resources and costing a business start up. For more materials relating to this resource, please visit the NGfL site, linked below.