Wednesday, 18 April 2018

P1 Part 2 Outline how national factors in the business environment can impact on a start up business.


Dear Year 10


now that we have looked at the local factors we now need to add into our presentation a consideration of the national factors that will impact on our start up business.


National Factors to consider


National factors theory powerpoint
National factors structure guide



This resource might help in considering the NATIONAL FACTORS in greater detail here

Some more political factors to consider here


Don't stop here - aim for that B grade


For those looking to gain a MERIT on this Unit 1 here is your extension challenge for this piece of work:



M1 Explain how changes in the current business environment are likely to impact on a start up business




Top Tips from the Exam Board



"Learner needs to outline how the business environment can impact on a start-up business"


To do this properly you need to do some research and make sure that you include the references for it and you can use this document here and the structure guide here




Where to research and find information:
Sources of information, e.g. broadsheet and local newspapers, professional and trade
journals, websites, business networking organisations

Make sure that the sources you use are reliable and unbiased


This resource here is a summary of what changed in the last budget.  Have a read and identify anything that might impact negatively or be some support when you consider launching your business


IMPORTANT NOTE
Don't forget to include a discussion on the impact of these factors that you identify on your selected group of customers that you intend to target if they are relevant to your business proposition



The deadline for this P1 M1 is Wednesday 26th May 2018

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