Why study Setting up Your Own Business?

This short qualification is designed for anyone who is considering setting up their own business or being selfemployed. It highlights the features and challenges so that informed decisions can be made. The qualification culminates in a self-assessment of whether setting up on your own is the right career decision for you. During the programme you will use a wide range of skills which can be applied to many careers.

What will I learn?

On completing the Award in Setting Up Your Own Business, you will be able to:

• Understand the benefits and drawbacks of self-employment based on your personal circumstances and needs

• Demonstrate an awareness of the legal responsibilities

• Outline the business proposition

• Understand personal and business monetary needs

• Understand the requirements for accurate financial recordkeeping

• Demonstrate an awareness of financial obligations Your learning will be supported by a specially written study guide and access to the ABE members’ portal

How will I be assessed?

The qualification will be assessed by a 1,500-word assignment set by ABE

Other qualifications at the same level of learning difficulty: GCSE / CSE / O level

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