Fundamentals of Business

Skills Program : Fundamentals of Business

ID	TITLE	SPECIFIC OUTCOMES
114584	Finance a new venture	Determine the capital requirements of the new venture. Identify and compare funding options and services offered by the finance industry for new ventures. Compile personal income and expenditure and assets and liabilities statement Identify the requirements and processes to obtain the selected financing option for the new venture Identify alternative sources to secure finance for a new venture.
263455	Apply the principles of costing and pricing to a business venture	Explain the criteria of a price setting policy for a new venture. Analyse internal and external factors that impact upon pricing decisions. Demonstrate an understanding of the relationship between costs, revenue and profits
ID	TITLE	SPECIFIC OUTCOMES

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