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BSBESB301: Investigate business opportunities

General information for the learner
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Information for the learner - BSBESB301
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Identify potential opportunities for business
Source and analyse market information for potential opportunities
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Analyse information and list details of business ideas and opportunities
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Identify and describe products and or services that match business ideas
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Identify and analyse factors that will affect a potential business idea
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Identify customers for the products and/or services
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Investigate market needs and factors affecting market
Sources of business and market information
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Ethical and cultural considerations
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Market information, trends and developments
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Review identified needs and factors
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Investigate marketing and promotion activities
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Legislative and regulatory requirements
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Finalise investigation into business opportunities
Review personal factors against business opportunities
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Managing personal factors
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Using Reliable sources of information
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Determining business viability
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Business Research Methods
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Business Plan
What is Business Planning?
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Investigating a business opportunity
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Practical task - Match personality factors to the business
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Learner finalisation
Apprentice/Learner Declaration and Feedback
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TRAINER: UNIT COMPLETION PROCEDURE
Trainer Sign-off 1 - Administrative/Compliance checks
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