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BTEC Business Unit 36, Starting a Small Business P4 (Describe the legal and financial aspects that will affect the start-up of the business)

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BTEC Business Unit 36, Starting a Small Business P4 BTEC Business Extended Diploma Unit 36, Starting a Small Business P4 This is the complete version of the coursework assignment, which has already been marked and approved by a teacher. P1 P2 P3 P4 P5 P6 M1 M2 M3 D1 D2 (Describe the legal and financial aspects that will affect the start-up of the business)

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Unit 36: Starting a Small Business P4




P4




Unit – 36 (Starting a Small
Business)
BTEC National Diploma In Business Level 3




The Date
Author: Your Name
Your Teacher




1

,Unit 36: Starting a Small Business P4


Unit 36 – Starting a Small Business


On completion of this unit I should:

1) Be able to present the initial business idea using relevant criteria.
2) Understand the skills and personal development needed to run the business successfully
3) Know the legal and financial aspects that will affect the start-up of the business
4) Be able to produce an outline business start-up proposal

Task 2:
a) Find the cost of all the items you need to buy (capital items)
b) Estimate the costs of expenses (day to day running items including stock if relevant)
c) Estimate your sales over the next year and describe your pricing policy
d) Complete your cash flow forecast, profit and loss account and balance sheet
e) Calculate the break-even point of your business
f) Draw up your personal survival budget
g) Explain the sources of finance you will use




2

,Unit 36: Starting a Small Business P4


Cost of the items (capital Items)
Capital items – are any tangible assets that an organization uses to produce goods or services such
as, equipment and machinery.

Tool Cabinet drawer trolley tool cart
This cabinet build with call bearing slides on all full width drawers for
smooth action even when fully loaded.

Drawers using the best quality steel for maximum storage capacity
without the risk of bending under heavy loads.

Price: £64
http://www.ebay.co.uk/itm/Steel-Tool-Chest-Cabinet-Secure-Tool-Box-Wheeled-2-Piece-With-Drawers-
/390501941978?pt=UK_Garage_Equipment_Tools_Tool_Boxes_Storage&hash=item5aebbac2da




ST-800 Automotive Wheel Balancer
This fully motorised wheel balancer ST-800 is the most user
friendly wheel balancer you can get and is by far the most popular.
Suitable for balancing passenger, LGV and motorcycle wheel / tyre
combinations, the machine itself has a balancing accuracy of within 1
gram.

Price: £570
http://www.ebay.co.uk/itm/24-Semi-Automatic-Data-Input-Motorised-Wheel-Balancer-with-
Break-Pedal-/181270320533?pt=LH_DefaultDomain_3&hash=item2a348d9595




ST-2P-35/40E Two-Post Automatic Car Lift
 Automatic arm unlocking
 Automatic stop in the highest position
 3.0T lifting capacity
 14 step automatic safety system
 Plastic powder coating for durability
 Dual direct drive hydraulic cylinders
 Cable-equalization system
 Dual-points automatic safety locks

Price: £1100


3

, Unit 36: Starting a Small Business P4


(http://www.ebay.co.uk/itm/2-POST-LIFT-CAR-VEHICLE-RAMP-LIFT-HOIST-3-5-TON-NEW
/281219503498?pt=UK_Lifting_Moving_Equipment&hash=item4179fd158a)


Air Hydraulic Lift Jack
 Capacity: 2 tonnes
 Min height 130 mm
 Max height 600 mm
 360 degrees swivel castors

Price: £23
http://www.ebay.co.uk/itm/CAR-VAN-2-TON-TONNE-TROLLEY-FLOOR-JACK-HEAVY-DUTY-HYDRAULIC-LIFTING-WITH-CASE-
/290868141393?pt=UK_Lifting_Moving_Equipment&hash=item43b9179d51




50LTR 2.5HP Electric Air Compressor Boxed 50 LTR
50L 11 Gallon
 Positive-displacement air compressors work by forcing air into
a chamber whose volume is reduced to compress the air.


Price: £100
http://www.ebay.co.uk/itm/50LTR-2-5HP-Electric-Air-Compressor-Boxed-50-LTR-50L-11-Gallon-With-Wheel-New-
/251202011634?pt=UK_Air_Tools_and_Compressors&hash=item3a7cce81f2




2 Ton Folding Hydraulic Engine Crane
 An engine crane is a common repair tool used in vehicle repair
shops to remove or install gasoline or diesel engines in small and
crowded vehicle engine compartments.

Price: £143
http://www.ebay.co.uk/itm/NEW-2-TON-FOLDING-HYDRAULIC-ENGINE-CRANE-HOIST-
LIFT-/130515229853?pt=UK_Lifting_Moving_Equipment&hash=item1e63505c9d




4

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