1.1 Produce a profile of a selected small business

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

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Learning Outcome The learner will: Assessment Criteria The learner can:
1. 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
2. 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
3. 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
3.3 Prepare an action plan to implement the changes
4. 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

Assessment Methods
There are no mandatory assessment methods for this unit.
The following provides examples of assessment methods that could be used to generate evidence for this unit. 

This list is not an exhaustive list and other methods can be used by the centre.

 Recognition of Prior Learning/Achievement
 Observation
 Professional Discussion
 Product Evidence
 Expert Witness Testimony
 Witness Testimony
 Simulation