Small Business Pitch

Criteria reference

To achieve the criteria the evidence must show that the learner is able to:

Task no.

Evidence

P1

Present the initial business idea using relevant criteria

1.

The first part of the pitch should provide evidence for this criteria.

P2

Explain how to identify the target market

2.

The second part of the pitch should provide evidence for this criteria.

M1

Explain methods used to identify the target market for the proposed business

2. 

The second part of the pitch should provide evidence for this criteria.

P3

Describe the skills needed to run the business successfully and what areas require further personal development

3. 

The Q&A section of your presentation will require you to explain the findings of your skills audit.

M2

Analyse the personal development needed to run the business successfully

3.

The Q&A section of your presentation will require you to e explain the findings of your skills audit and present your own personal development needs.

P4

Describe the legal and financial aspects that will affect the start-up of the business

4. 

●    
ONE double sided A4 pamphlet

describing the legal aspects of running your business.

●    
ONE cashflow forecast for the first year of operations.

M3

Assess the implications of the legal and financial aspects that will affect the start up of the business.

4.

        ●    ONE double sided A4 pamphlet

describing the legal aspects of running

your business and their implications for a small business owner.

●    ONE cashflow forecast for the first year of operations with an accompanying set of notes assessing any possible issues.

P5

Produce a proposal containing the essential information for the start up of a business

6.

See Task 5 and evidence checklist

D1

Present a comprehensive business proposal that addresses all relevant aspects of business start up.

6.

See Task 5 and evidence checklist.