Short Title:Start Your Own Business
Full Title:Start Your Own Business
Module Code:HTSC H2029
 
ECTS credits: 5
NFQ Level:6
Module Delivered in 3 programme(s)
Module Contributor:Fiona Malone
Module Description:This module will introduce the learner to the concept of self-employment and examine the establishment of a new business, from initial idea through feasibility and market analysis to the legal obligations of the new business owner.
Learning Outcomes:
On successful completion of this module the learner will be able to
  1. Understand the process of business start-up and have attained the necessary practical skills to initiate a business start-up in the Horticulture industry or any other industry
  2. Appreciate the importance of business planning and produce a business plan
  3. Carry out market research and assess the viability of the business idea
  4. Identify sources of capital and know the basics of financial management of a small business
  5. Define the statutory/legal obligations of the self-employed person or owner of a small business
 

Module Content & Assessment

Indicative Content
Entrepreneurship and Self Employment
Qualities of an entrepreneur/self-employed person; The small business environment in Ireland
Law and the small business
The legal framework for self-employment and small business in Ireland; the requirements to register with Revenue, Companies Registration Office, etc.; record-keeping obligations
Business idea generation and evaluation
Examining a range of business ideas; choosing an idea to develop; evaluating the market potential; examining the resources required to establish the business - capital, labour, premises, machinery, materials, etc.
Business planning
Researching and preparing a business plan
Finance
Forecasting capital demands, cashflow planning, accessing various sources of capital, maintaining financial records
Indicative Assessment Breakdown%
Course Work Assessment %100.00%
Course Work Assessment %
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Case study Evaluate the issues relating to becoming self-employed and starting a small business; examine the feasibility of the idea and the potential markets 3,5 15.00 n/a
Essay Identify and evaluate sources of finance for start-up businesses 4 10.00 n/a
Project Prepare a business plan - market opportunities, required resources (capital, materials, labour, machinery, etc.), 2 25.00 n/a
Other n/a 1 50.00 n/a
No Final Exam Assessment %
Indicative Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
Reassessment Description
Written exam and re-submission of the business plan project

ITB reserves the right to alter the nature and timings of assessment

 

Indicative Module Workload & Resources

Indicative Workload: Full Time
Frequency Indicative Average Weekly Learner Workload
Every Week 2.00
Every Week 2.00
Every Week 2.00
Resources
Recommended Book Resources
  • Kathleen R. Allen 2011, Launching New Ventures, 6th ed. Ed., South-Western College Pub [ISBN: 053848179X]
  • Colm O'Gorman, James Cunningham 2007, Enterprise in Action, 3rd ed. Ed., Oak Tree Press [ISBN: 1904887171]
Supplementary Article/Paper Resources
Other Resources

Module Delivered in

Programme Code Programme Semester Delivery
BN_BDMKT_7 Bachelor of Arts in Digital Marketing 2 Elective
BN_SHTSC_8 Bachelor of Science (Honours) in Horticulture [240 ECTS credits] 4 Mandatory
BN_SHTSC_7 Bachelor of Science in Horticulture [180 ECTS credits] 4 Mandatory