ABE Level 2 Award in Setting Up Your Own Business

Qualification Number:
603/1927/6
Number of Units:
1
Guided Learning Hours:
25
Credits:
3

This short qualification is aimed at individuals who are considering setting up their own business or being self-employed.  It is designed to highlight the features and challenges so that informed decisions can be made. The qualification culminates in a self-assessment of whether setting up your own business is the right career decision for you.  It is assessed by assignment.

On successful completion of this Award, you will be able to:

  • Understand the benefits and drawbacks of self-employment based on your personal circumstances and needs
  • Demonstrate an awareness of the legal responsibilities
  • Outline the business proposition
  • Understand the personal and business monetary needs 
  • Understand the requirements for accurate financial recordkeeping
  • Demonstrate an awareness of the financial obligations 

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