Start Your Own Business QQI Level 5

Overview –The aim of this training programme is to provide aspiring entrepreneurs with the essential knowledge, skills, and resources necessary to successfully launch and manage their own businesses. Through a comprehensive curriculum, practical workshops, and expert guidance, participants will learn how to develop a solid business plan, navigate legal and financial aspects, create effective marketing strategies, and cultivate the entrepreneurial mindset required for long-term growth and sustainability. This programme empowers individuals to confidently transform their business ideas into reality and contribute to economic growth and innovation.

QQI Course Code: Start Your Own Business 5N1418

QQI Level 5

5 Days

Virtual/Classroom

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Module Breakdown

Entrepreneurship & Business Planning

This module explore the realities of starting and running a business in a competitive environment. Participants will understand the standard framework and underlying principles of formatting a business plan
and develop a business planning process combining marketing, financial and management plans.

Essentials of Marketing for Business

This module offers participants insights into the dynamic world of promoting new ventures. It introduces essential concepts of market segmentation, branding, and crafting compelling value propositions. Participants gain proficiency in designing effective marketing strategies that leverage both traditional and digital channels to reach their target audiences.

Legal Requirements 

This module provides participants with crucial knowledge about the legal aspects involved in launching and operating a business. It covers topics such as business registration, licenses, permits, intellectual property protection, contracts, and compliance with industry regulations.

Best Practice Finance

This module equips participants with the financial acumen necessary to turn their entrepreneurial vision into a viable reality. Covering topics ranging from startup funding options and financial forecasting to budgeting and managing cash flow, this module provides a comprehensive understanding of the financial aspects of business.

Taxation 

This module offers participants a comprehensive understanding of the tax implications associated with entrepreneurship. Covering areas such as business structures, tax obligations, deductions, and compliance with tax regulations, this module provides essential insights into managing the financial aspects of a new venture.

The Art of Sales

This module equips participants with the vital skills to drive revenue and foster customer relationships. This module delves into effective sales strategies, including prospecting, lead generation, and negotiation techniques. Participants learn to tailor their sales approaches to different customer segments and effectively communicate the unique value proposition of their products or services.

Managing Change 

This module equips participants with the adaptive skills necessary to navigate the dynamic landscape of entrepreneurship. Recognising that businesses constantly face evolving challenges, this module focuses on fostering resilience and effective change management strategies.

Find Out More – Frequently Asked Questions

Why Should I Choose Optimum Limited

Optimum Limited provides a wide range of business development, consultancy and training, accredited and non-accredited to companies across all industry sectors, whilst also offering client-specific and scheduled training programmes. 

Since its establishment in 1990, Optimum has demonstrated a clear correlation between people development and the bottom line. This ethos has helped Optimum in establishing a portfolio of highly reputable clients in the private sector, state and local agencies, universities and professional bodies,nationally and internationally. As a preferred choice provider and partner to many of Ireland’s leading businesses, we have learned that the key to our success is putting their success first. Our focus is on building lasting partnerships that offer positive outcomes and an engaging and rewarding learning experience. 

Check out our clients here

Who Should Apply

This course is ideally suited for individuals who have a strong desire to become entrepreneurs and establish their own ventures. It is particularly valuable for aspiring business owners who are in the early stages of conceptualising their ideas, as well as those who have a business concept but require guidance on how to turn it into a viable business plan.

Entry Requirements

  • Level 4 or equivalent in a relevant subject area
  • Proficient in the English language
  • Basic IT Skills
  • Competent in self-directed learning

For more details on participation suitability of this course, check out our learner handbook (click here) or contact us directly at hq@optimum.ie / (01) 672 8628

What Study Options Are Available

Many of our courses are now available in a variety of classroom formats. All formats cover the same course content.

Live Virtual Online Classroom

Live lectures are delivered using Zoom (www.zoom.us) or MS Teams if requested. During these sessions, your tutors will use interactive learning elements to ensure an engaging learning experience. When appropriate, students will be encouraged to activate their video and microphones so that they can ask questions and enhance peer to peer learning

Online courses can be accessed from any computer or laptop with an internet connection.

In-Person and Onsite Classroom

Optimum Limited can provide in-company onsite training if requested. If there is not a classroom available, Optimum can provide a training room in the HQ Office in Dublin.

Optimum can also provide training in hotels conference rooms or room hires if requested.

On Demand

On Demand courses enable you to complete your course on your own time. Optimum have an e-learning platform called MyOptimum which includes a library of online on demand training programmes. This learning platform comprises of  pre-recorded videos and interactive powerpoints followed by activities designed to put the new information and concepts into practice through exercises, quizzes, forum participation and other activities.

How Will This Course Benefit Me

This QQI accredited course empowers individuals with the essential knowledge, skills, and resources needed to confidently embark on an entrepreneurial journey. From crafting a solid business plan and mastering key business functions to navigating legal intricacies and presenting ideas persuasively, participants are equipped to overcome challenges and seize opportunities in the competitive business landscape.

Assessment Criteria

Project 100%

Qualification & Progression Options

This course leads to a level 5 award on the National Framework of Qualifications.

QQI (Quality & Qualifications Ireland) is the national awarding body for further education and training in Ireland.

NFQ Credit Value: 15 credits

Students who successfully complete this programme may use this Level 5 credit towards the QQI Major E-Business Award (5M0828). To view more Major Awards that this programme can lead to, please contact us directly or visit www.qqi.ie

Payment & Funding Options

Payment Options:

Payments can be made by EFT, PayPal or Stripe. If you need to pay by other forms of payment, please enquire with us and we can let you know if this is possible.

Funding Options:

Due to our experience and reputation, Optimum are part of many panels that provide funding opportunities to businesses in different sectors. Funding can range from 10% – 35% subsidy. Contact the Optimum Team for further information.

Enquire through our contact form here.

How to Apply

If you have any queries and require further information, we would be happy to chat to you. Contact us directly at hq@optimum.ie or talk to our team at (01) 672 8628

Enquire through our contact form here.

Check out our upcoming public training programmes here.

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