The Proposing a new business idea credential covers the skills and knowledge that assist you in developing and presenting your business idea. This credential guides you in defining your objectives and assessing your business idea.

The Proposing a new business idea comprises of 1 micro-credential stacked courses of learning, followed by a completion of assessment tasks at the end of each skill level, to test the learner’s knowledge and understanding.

Course Series: 1 of 1

Course Award: Micro-Credential 

Course Duration: 4 Hours Course 

Complexity: Intermediate 

It comprises 6 lessons of learning, followed by a completion quiz to test your knowledge and understanding.  By the end of this course, you will demonstrate understanding in:

  • How to develop a SWOT analysis and expand your business ideas 
  • Analysing the ideas associated to your business and measuring the financial viability 
  • Implementing risk management principles and systems
  • Development and implementation of business proposals and key requirements of these
  • Establishing budgets, defining your business ideas, and presenting your proposal
  • Effective ways to present your proposal and communicating your ideas effectively 
  • Implementing practices to gain constructive feedback in the positive development of your business ideas.




Course curriculum

  • 1

    Introduction

    • Proposing a new business idea

  • 2

    Lesson 1

    • SWOT analysis and generating ideas

  • 3

    Lesson 2

    • Analyse ideas for business and financial viability

  • 4

    Lesson 3

    • Risk management principles and systems

  • 5

    Lesson 4

    • Business proposals and key requirements

  • 6

    Lesson 5

    • Establish budget, define ideas and present proposal

  • 7

    Lesson 6

    • Present proposal, communicate ideas and seek feedback

  • 8

    References

    • References

  • 9

    Test your knowledge

    • Instructions before taking the test

    • Next steps

  • 10

    The boring stuff

    • Learning Vault Copyright Notice