Business Foundations
Understand how a small business makes money: revenue, costs, profit, pricing, cash flow, customers and a simple plan.
- Level range: Starter → Capable
- 4 related pathways
Planned modules
- What a business needs to work
- Revenue, cost and profit
- Pricing and margins
- Cash-flow basics
- Customers and suppliers
- A one-page business plan
What you’ll practise
- Calculating revenue, costs and profit for a worked example
- Testing how a discount changes profit
- Tracking a month of money in and out
- Writing a one-page plan
Skills
Examples adapt to your work: the same skills, with examples for firewood seller, farmer, mechanic.