NSSCAS Entrepreneurship (8247) study plan

Define entrepreneurship, intrapreneurship and social entrepreneurship in your own words and contrast them with at least three concrete examples

Analyse the traits, skills and behaviours associated with successful entrepreneurs and self-assess your own profile against them

Explain opportunity identification: sources of business ideas, spotting gaps and problems, and screening ideas against feasibility and personal fit

Apply a simple idea-screening checklist to five raw business ideas and rank them

Distinguish invention, innovation and improvement when evaluating a business idea

Convert your top idea into a clearly stated value proposition and target customer profile

Design a primary market research instrument (questionnaire or interview guide) of 8-10 questions free of leading wording

Collect responses from at least five potential customers and record the raw data

Segment a market using at least three meaningful variables and justify the segment you will target

Summarise research findings into three actionable insights about customer needs, willingness to pay and buying behaviour

Build a marketing mix (product, price, place, promotion) for your chosen segment and justify each element

Compare at least three pricing approaches and select one with a stated rationale

Draft the sections of a business plan covering the executive summary, business description, market analysis and marketing plan

Evaluate two competitor profiles and articulate your sustainable point of difference

Structure the business plan to a standard section list and check internal consistency between sections

Complete the operations, management and risk sections of your business plan

Distinguish start-up capital from working capital and identify realistic sources of finance for a small venture

Construct a simple cash flow forecast for the first six months of trading

Separate fixed and variable costs and calculate break-even output and break-even revenue

Interpret a set of basic financial statements and explain what each reveals about viability

Calculate and interpret gross profit margin, net profit margin and mark-up from given figures

Explain the purpose and main components of an income statement, statement of financial position and cash flow statement

Identify operational processes for your venture and map them into a simple flow

Assess resource requirements (people, materials, equipment, technology) and match them to your forecast volumes

Compile a risk register with at least six risks, rating likelihood and impact and stating a mitigation for each

Identify the legal obligations relevant to a small venture, including business registration, contracts, consumer protection and employment basics

Explain the difference between legal requirements and ethical responsibilities using two worked scenarios

Draft a short code of conduct covering fair treatment of customers, employees and suppliers

Evaluate a business decision with conflicting profit and ethical outcomes and defend a position

Describe how social responsibility and sustainability practices can affect reputation, cost and long-term viability

Distinguish organic growth from external growth methods such as franchising, mergers and partnerships

Explain the role of innovation and continuous improvement in sustaining a growing enterprise

Revise the full business plan for coherence, correcting inconsistencies between the marketing, financial and operations sections

Prepare and rehearse a five-minute investor pitch covering problem, solution, market, finance and team

Anticipate ten likely questions about your plan and prepare evidence-based answers

Consolidate weak areas by re-testing yourself on the domains with the lowest practice scores

Apply entrepreneurial mindset concepts to a case scenario and justify decisions using theory

Work through timed practice calculations on break-even, margins and cash flow without notes

Review definitions and distinctions across all eight domains using a single condensed revision sheet

Reflect on your own entrepreneurial readiness and state three specific development actions