4 3: Promotion and Finance C: Financial planning and Understanding break-even: for Enterprise forecasting construct a break-even chart C4 Break-even analysis and interpret a chart break-even point limitations of analysis the break-even point, and factors that may cause it to change. 5–6 3: Promotion and Finance C: Financial planning and Why enterprises may plan different sources of finance for different purposes or at for Enterprise forecasting different stages: C5 Sources of business the relevance of each source finance advantages and disadvantages of each source. 7–8 2: Planning for and A: Explore plan and pitch Generating ideas for a realistic micro enterprise: Running an Enterprise for a micro enterprise activity products A1 Generating ideas for a services. micro enterprise activity. Finalising an idea for a realistic micro enterprise considering: resources available financial forecasts costing and pricing, discounts/incentives methods of communication and promotion potential customers technical and practical skills of people in group. 9–12 2: Planning for and A: Explore ideas, plan and Drawing up a realistic implementation plan for a chosen idea to include: Running an Enterprise pitch for a micro enterprise financial and non-financial aims of the micro enterprise activity the timescale of the micro enterprise A2 Planning for a micro product/service to be sold enterprise activity target market methods of communication with the customer, promotional methods and why they are appropriate physical and financial resources, how will be obtained and financial forecasts
4 3: Promotion and Finance for Enterprise C: Financial planning and forecasting C4 Break-even analysis and break-even point Understanding break-even: construct a break-even chart interpret a chart limitations of analysis the break-even point, and factors that may cause it to change. 5–6 3: Promotion and Finance for Enterprise C: Financial planning and forecasting C5 Sources of business finance Why enterprises may plan different sources of finance for different purposes or at different stages: the relevance of each source advantages and disadvantages of each source. 7–8 2: Planning for and Running an Enterprise A: Explore plan and pitch for a micro enterprise activity A1 Generating ideas for a micro enterprise activity. Generating ideas for a realistic micro enterprise: products services. Finalising an idea for a realistic micro enterprise considering: resources available financial forecasts costing and pricing, discounts/incentives methods of communication and promotion potential customers technical and practical skills of people in group. 9–12 2: Planning for and Running an Enterprise A: Explore ideas, plan and pitch for a micro enterprise activity A2 Planning for a micro enterprise activity Drawing up a realistic implementation plan for a chosen idea to include: financial and non-financial aims of the micro enterprise the timescale of the micro enterprise product/service to be sold target market methods of communication with the customer, promotional methods and why they are appropriate physical and financial resources, how will be obtained and financial forecasts