Aug 7th 2017

Starting a Business 4: Business Processes (FutureLearn)

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Understand how business works and performance can be improved so that you can take your business forward and manage growth. A successful business relies on processes and information systems; it is important that an entrepreneur pays close attention to how their business works and how performance can be improved so that they are in a position to take it forward and manage growth.

Whether you have an idea for a venture in the future or you already have a side-line business whilst studying, this course will help you consider how to grow your business. It will give you the time to plan, share your ideas with others and start to document your thoughts in a structured business plan.

What will you achieve?

- Discuss the importance of both business processes and information systems by contributing to the course comments.

- Identify the challenges a business faces when managing growth.

- Evaluate the entrepreneur’s business challenge: How can Sophie increase productivity to meet the demands of sales?

- Identify the business processes in a business plan.

- Investigate where your business is going to operate.

- Assess who is involved in the processes.

- Using your own business idea or a company of your choice, investigate the information and systems required to track business processes.

- Record the skills required to design and run the business processes.

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