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Unit 19 - Pitching for a New Business

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BTEC Business Unit 19 - Pitching for a New Business. Awarded a Distinction. Learning aim: A (A.P1, A.P2, A.M1, A.D1) Learning aims In this unit you will: A. Explore potential ideas for a micro-business start-up

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Uploaded on
February 9, 2025
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2024/2025
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2022
Making the dream a reality




Joy Wafula

, Unit 19: Pitching for a new business Joy Wafula




Making the dream a reality
A. Explore potential ideas for a micro-business start-up

Table of Contents
Introduction. 2
P1. Describe the potential business opportunities for a micro-business start-up 2
Idea 1. Book Store. 2
Idea 2. Pet Store 3
Idea 3. Vintage/thrift clothing store 3
P2. Review the factors that need to be considered to start-up a micro-business 4
Funding …………………………………………………………………………………………………………………………………….4

Location …………………………………………………………………………………………………………………………….………4

Competition ………………………………………………………………………………………………………………………..……5

Market and Demand ……………………………………………………………………………………………………….….…….5

M1: Analyse the internal and external factors associated with a selected micro-business start-up.5

Internal factors …………………………………………………………………………………………………………….…....……..5

External factors ………………………………………………………………………………………………………..…………..……6

D1. Evaluate the internal and external factors associated with a selected micro-business start-up .7

Internal factors …………………………………………………………………………………………………………………………..7

External factors …………………………………………………………………………………………………………..……………..8

References …………………………………………………………………………………………………………………………………10




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