Level 2 Setting Up Your Own Business

This is a short formal qualification designed for students age 14+ making it an excellent follow-on from KidsMBA. The qualification is assessed by assignment and culminates in a self-assessment. On successful completion of this Award, the learner will be able to:

Understand the benefits and drawbacks of self-employment based on their personal circumstances and needs

Demonstrate an awareness of legal responsibilities

Outline the business proposition

Understand both personal and business monetary needs

Understand the requirements for accurate bookkeeping

Demonstrate an awareness of financial obligations.