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Enterprise in the Business World.

Enterprise in the Business World.

Course modified date: 25 Jun 2024

In this course you will learn about the requirements when choosing a business premises such as cost, stock, equipment and machinery.

Introduction

  • A business idea involves many pieces that need to be put together to make it successful. The owner or entrepreneur will have researched every area of the business to get it started and put everything in place.  
  • No matter how much research has been done, it is essential for the initiator to understand the resources that are required to make the idea a success. Premises can be vital to the success of an organisation and make the staff feel safe and secure.
  • A business needs many elements to make it work successfully.
  • Once the business idea has been thought through, it needs a plan of the resources required to make that idea work as a viable business. Planning and putting in place the right materials and equipment to get the business started can be difficult to do.  Especially when the business owner must estimate levels initially.  
  • It can often be guesswork as to how much stock and sundries a new business will require. 
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