The world is full of opportunities for entrepreneurs. Some take existing businesses and turn them into something more successful, and others start new enterprises from the ground up. However, running your own business can be challenging. This course provides a practical foundation on which to build your entrepreneurial skills and experience, capitalise on opportunities and stand out from the crowd!
The Certificate of Entrepreneurship is an online program that will give you the ability to identify business opportunities, take risks via your own initiative, and work cost-effectively to make a profit.
In this professional development course, you will explore the nature and scope of entrepreneurship, entrepreneurial life cycles and the role of market research, including researching competitors and tracking trends.
You will also learn about intellectual property, legal and ethical concerns, how to develop a financial plan, launch a venture, and then operate and market it successfully.
On completion of this course, you’ll be ready to take on the challenges of an entrepreneur, whether to transition from an unrewarding job, obtain an income from home, or have more control over your creativity … and your destiny!
Course Structure
Unit 1 - Scope and nature of entrepreneurship
- What is a entrepreneur
- Types of entrepreneurs
- Factors affecting entrepreneurial success
- Sources for business ideas
- Intrepreneurs
- Ethics
- Entrepreneurial process
Unit 2 - Is entrepreneurship right for you
- Reasons for becoming an entrepreneur
- Skills needed by entrepreneurs
- Determining how suited you are to being an entrepreneur
Unit 3 - Assessing opportunities
- Questions to consider
- Assessing opportunities
- Entrepreneurial lifecycles (opportunity recognition, opportunity focussing, resource commitment, market entry, full launch and growth, maturity and expansion, liquidity event)
Unit 4 - The role of market research
- Obtain, analyse, and interpret the information necessary
- Who will buy your products and/or services
- What do they want?
- Market research steps
- Types of market research (market research, product research, promotions research, sales research, company research)
- Gathering data (primary data, secondary data)
- What needs research (physical attributes, behavioural characteristics of customers, identifying best prospects)
- The research process
- Statistics
- Researching competitors
- Tracking trends
- Staying ahead of trends
- Questionnaires
Unit 5 - Intellectual property
- Copyright
- Contract law
- Public domain
- Right to privacy
- Law and the internet
- Electronic publishing
- Patents
- Designs
- Trademarks
Unit 6 - Legal and ethical concerns
- Types of business (sole trader, partnership, private limited companies, public limited companies)
- Terminology
- Legal obligations
Unit 7 - Operating a business
- Goals and objectives
- Resources – premises, equipment, etc
- Stock and suppliers
- Identifying business functions
- Thinking about expenses and costs
- Dealing with fluctuations in demand
Unit 8 - The business and financial plan
- What is a business plan
- Venture capital
- Forecasting
- Setting coals
- Policies
- Scheduling
- Budgeting
- Developing procedures
- What to include in a business plan
Unit 9 - Marketing
- Gathering information
- Identifying key issues
- Developing strategies and actions
- Market opportunity analysis
- Determine a target market
- Engineer a target market
- Market objectives
Unit 10 - Launching a venture
- Launching
- Start up assistance
- Being prepared for change
- Prepare contingency plans in advance
- Using assets well
- Think laterally
- Core business focus
- Taking calculated risks
Assessment
Assessment Information
When you study with Australian Online Courses, you will be assessed using a competency-based training method.
Competency-based training focuses on the achievement of skills and knowledge against set criteria to meet industry-standard and is not benchmarked against other students’ work.
In this course, the assessment will be comprised of written assignments and exercises, which may include short answer questions, reports, essays, research projects and reflective tasks.
If you do not achieve a competency result on your first attempt, you have two more attempts to pass your assessment. So, you have three attempts in total to obtain a competency result.
In this way, you can complete your course in your own time and at your own pace with the assistance of unlimited tutor support.
Course FAQs
Why Choose Australian Online Courses?
- Professional development that is widely recognised and respected;
- Improve your employment opportunities;
- Study online, anywhere via our elearning system;
- High-quality professional development programs written by industry experts;
- No entry requirements;
- All course materials provided online – no textbooks to buy;
- Unlimited tutor support;
- Easy to understand course content;
- We offer twelve (12) months’ access, with extensions available upon application (fees apply);
- Certificate of Attainment/Completion issued for your CV (hard copy provided); and
- Course may be tax deductible; see your tax advisor.
How long will it take to complete this course?
The approximate study hours for this course is 100 hours. We offer twelve (12) months’ access, with extensions available upon application (fees apply).
Can I purchase optional printed materials?
While printed materials are not available for purchase, PDF copies are available for download and self-printing for this program.
When can I start this course?
You can start within 60 minutes during business hours when you enrol and pay in full with a credit card!
Credit card: Within 60 mins during business hours.
BPAY: Within 1-2 working days.
Internet Banking: Within 1-2 working days.
Cheque/Money Order: Upon receipt of mailed cheque.
Will I receive a certificate upon completion of this course?
Yes! You will receive a Certificate of Attainment upon successful completion of your assessment.
Do I need to attend classes or undertake any work placements?
No. All courses are delivered online via our e-learning system and there are no work placement requirements in this course.
What support can I expect from Australian Online Courses?
Unlimited tutor support is available throughout your studies via email during business hours Monday to Friday. Our Administrative team are available Monday to Friday via email, live chat and telephone.
I am an international student. Can I enrol into this course?
Yes! We accept enrolments from individuals both within Australia and internationally; location is no barrier to entry into our programs.
Career Pathways
Future growth
Strong
Unemployment
Low
Professional development for aspiring entrepreneurs.
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