Certificate in Principles of Business and Finance (SCQF Level 7)

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.