The Principles of Business and Finance programme has been designed to enable students to appreciate and develop knowledge and skills in a broad range of topic areas that are relevant to everyday business.
This unit introduces an understanding of the more common legal structures and regulations relating to business entities. The different internal and external factors that affect a business are explained and their importance explored. Significant principles of financial planning and management are examined, a focus on making best use of available resources and the importance of cash flow to the business. Learners will also examine the significance of effective market research for business planning.