Laila000
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I am doing level 2 business and I really need help with choosing a business area. Can you please give me a sample to what business I can chose
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999tigger
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(Original post by Laila000)
I am doing level 2 business and I really need help with choosing a business area. Can you please give me a sample to what business I can chose
No idea what you are trying to do. Paste the question.
Is it areas within a business or areas within an economy?

https://www.marketing91.com/19-types...ss-industries/
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Laila000
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(Original post by 999tigger)
No idea what you are trying to do. Paste the question.
Is it areas within a business or areas within an economy?

https://www.marketing91.com/19-types...ss-industries/
These are the questions we are supposed to answer
Section A:
1. Your chosen start-up business idea;
2. Reasons for selecting this business idea;
3. Target Market for your business;
4. Key features of the products / services that your business offers;
5. Your unique selling point and the competitive edge you will have on your rivals;
6. Potential demand for the products / services that your business offers;
7. Your chosen business format;
8. Legislations that will have an impact upon your business.

Section B:
9. Type of finance you will need to start-up & run your business;
10. Is your business proposition going to be low (£1-£10,000), medium (£10,000-£50,000), high cost (£50,000-
£100,000) or very high cost (£100,000)?
11. Potential costs of equipment, supplies, employing people etc.;
12. Pricing policy (set a price for your product or service that is high enough to cover your costs, but low enough
to attract customers).


Marking Scheme:
Pass
 The initial business idea, presented with reasons for selection and identification of target market.
Merit
 The implications of the legal and financial aspects that will affect the start-up of the business considered.
Distinction
 The comprehensive business proposal produced, containing the essential information for the start-up of a business.
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999tigger
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(Original post by Laila000)
These are the questions we are supposed to answer
Section A:
1. Your chosen start-up business idea;
2. Reasons for selecting this business idea;
3. Target Market for your business;
4. Key features of the products / services that your business offers;
5. Your unique selling point and the competitive edge you will have on your rivals;
6. Potential demand for the products / services that your business offers;
7. Your chosen business format;
8. Legislations that will have an impact upon your business.

Section B:
9. Type of finance you will need to start-up & run your business;
10. Is your business proposition going to be low (£1-£10,000), medium (£10,000-£50,000), high cost (£50,000-
£100,000) or very high cost (£100,000)?
11. Potential costs of equipment, supplies, employing people etc.;
12. Pricing policy (set a price for your product or service that is high enough to cover your costs, but low enough
to attract customers).


Marking Scheme:
Pass
 The initial business idea, presented with reasons for selection and identification of target market.
Merit
 The implications of the legal and financial aspects that will affect the start-up of the business considered.
Distinction
 The comprehensive business proposal produced, containing the essential information for the start-up of a business.
It sets out in detail what you need to do to get a good job. Just pick a business that sells something or provides a service that you could start or a person could start. You just need to answer the questions after to show you have done the research to explore it in detail.
What do you like to buy or what services do you use?

Lots of examples here to jog your brain.

https://yourbusiness.azcentral.com/l...sses-1291.html
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Laila000
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(Original post by 999tigger)
It sets out in detail what you need to do to get a good job. Just pick a business that sells something or provides a service that you could start or a person could start. You just need to answer the questions after to show you have done the research to explore it in detail.
What do you like to buy or what services do you use?

Lots of examples here to jog your brain.

https://yourbusiness.azcentral.com/l...sses-1291.html
We basically have to choose our own business such so I’ve chosen to do a dessert bar and we have to plan it out. So basically make a business plan using those questions
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999tigger
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(Original post by Laila000)
We basically have to choose our own business such so I’ve chosen to do a dessert bar and we have to plan it out. So basically make a business plan using those questions
That is absolutely fine . Now just need to make sure you are able to answer all the questions.
If you get stuck in understanding what some of them mean then let me know.
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Laila000
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(Original post by 999tigger)
That is absolutely fine . Now just need to make sure you are able to answer all the questions.
If you get stuck in understanding what some of them mean then let me know.
What are the legal and financial aspects that affect the startup of a business and the legislations that’s will have an impact on the business
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999tigger
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(Original post by Laila000)
What are the legal and financial aspects that affect the startup of a business and the legislations that’s will have an impact on the business
https://www.birmingham.gov.uk/info/5...g_a_business/4
https://www.birmingham.gov.uk/info/5...g_a_business/3


Also need to think about how much money you will need to set things up and for what.
Staff, equipment, premises, supplies, admin , advertising etc.

How will you pay for this? own money, bank loans grants etc?

How much can you expect to get from running the business i.e income then what deductions will you need i.e expenses including staff wages and tax.
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Laila000
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(Original post by 999tigger)
https://www.birmingham.gov.uk/info/5...g_a_business/4
https://www.birmingham.gov.uk/info/5...g_a_business/3


Also need to think about how much money you will need to set things up and for what.
Staff, equipment, premises, supplies, admin , advertising etc.

How will you pay for this? own money, bank loans grants etc?

How much can you expect to get from running the business i.e income then what deductions will you need i.e expenses including staff wages and tax.
So how do I word the health and safety law. Once one is done I will understand what it meant s
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Roseyr1119-20
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(Original post by Laila000)
I am doing level 2 business and I really need help with choosing a business area. Can you please give me a sample to what business I can chose
Londis
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