– Demonstrate an understanding surrounding SME development / growth / survival and how they relate to the wider environment of business support and economic development

– Assess the relevance and impact of government initiatives in relation to the need of SMEs, especially during start up phrases.

– Develop and evaluate business idea and plan taking into account issues such as resources management , business/ market research, team management and presentation

– Demonstrate critical self – reflection and self – evaluation of their personal development through experiences and team activities

Description of the assessment

PART 1 : 1200 WORDS

Identify and discuss a new business opportunity to develop a new start venture based in the UK

* IMPORTANT : Include the USP ( unique selling point ) check the files

PART 2: 1200 WORDS

Critically evaluate one of the business challenges that may face in the development process of the above new venture