BTEC Business First Certificate
Unit 1 – Enterprise in the Business World
This Unit explores key introductory business theory, whilst using creativity and entrepreneurial skills to apply that theory to realistic business ideas. This unit links to, and underpins all other units in this specification so that practical skills and business theory learnt throughout can be incorporated into the assessment. Students will explore what businesses do, trends that affect them, how they operate and the factors that influence their success.
Unit 2 – Finance for Business (online test)
This unit will prepare students with the essential financial principles that underpin successful business. The unit introduces learners to types of costs businesses incur, from the initial start-up costs to the ongoing daily expenditure of running a business. Students will also be introduced to financial planning tools (budgeting, cash flow forecasting) and how to measure the results using financial statements (profit & loss, balance sheet).
Students then need to complete one Mandatory Unit – Unit 3 – Principles of Marketing (External assessment) and Five Optional Units taken from a range of choices and internally assessed.
75% Internal – Teacher assessment
25% External – External assessment in Finance and Principles of Marketing
This course is equivalent to 2 GCSEs grade A* – C and is graded as:
Pass (CC) Merit (BB) Distinction (AA) and Distinction* (A*A*)
The qualification provides a broad and solid foundation for progression to Level 3 BTEC Business or AS Level Business. This course will provide key knowledge and skills to progress to any Business related careers.