Small Business Enterprise

Aim

The aim of this unit is to give learners the opportunity to focus on the processes involved, through change management, of reviewing and improving the performance of a small business enterprise.

Learning outcomes and assessment

LO1 Be able to investigate the performance of a selected small business enterprise

1.1 produce a profile of a selected small business identifying its strengths and weaknesses

1.2 carry out an analysis of the business using comparative measures of performance

LO2 Be able to propose changes to improve management and business performance

2.1 recommend with justification, appropriate actions to overcome the identified weaknesses in the business

2.2 analyse ways in which existing performance could be maintained and strengthened

2.3 recommend with justification, new areas in which the business could be expanded

LO3 Be able to revise business objectives and plans to incorporate proposed changes

3.1 produce an assessment of existing business objectives and plans

3.2 revise business plans to incorporate appropriate changes

3.4 prepare an action plan to implement the changes

LO4 Be able to examine the impact of change management on the operations of the business

4.1 report on the impact of the proposed changes on the business and its personnel

4.2 plan how the changes will be managed in the business

4.3 monitor improvements in the performance of the business over a given timescale.