LO1

Explore and illustrate the range of venture types that might be considered
entrepreneurial.
P1 Examine different types of entrepreneurial ventures and explain how they relate to
the typology of entrepreneurship.
Entrepreneurial Ventures is focused on providing advisory services to early and mid-stage
companies. We also work with troubled companies in refocusing the business model and/or
finding an exit. Entrepreneurial Ventures role varies depending on the stage of the company.
Generally, take on an active advisory board position with early stage companies helping with
strategy development, implementation plans and industry specific networking.
Entrepreneurs create entrepreneurial ventures organizations that pursue opportunities, are
characterised by innovative practises, and have growth and profitability as their main goal.
On the other hand, a small business is an independent business having fewer than 500
employees that doesnt necessarily engage in any new or innovative practices and that have
relatively little impact on its industry. (Coulter, 2010:232)

M1 Investigate a diverse range of entrepreneurial ventures to demonstrate an understanding

of entrepreneurship in both the public and corporate sector.
D1 Critically examines the scope, development and growth of entrepreneurial ventures.
P2 Explore the similarities and differences between entrepreneurial ventures.
LO2 Assess the impact of small business on the economy.
P3 Interpret and assess the relevant data and statistics to illustrate how micro and small
businesses impact on the economy.
P4 Explain the importance of small businesses and business start ups to the growth of the
social economy.
M2 Evaluate the differences that small, medium and large businesses make to the economy ,
applying relevant data and statistics.
D2 Critically examines how small businesses have an impact on different levels of the
economy in a local regional, national and international context.
LO3 Determine and assess the key aspects of an entrepreneurial mindset.
P5 Determine the characteristics traits and skills of successful entrepreneurs that differentiate
them from other businesses managers.
P6 Assess how expects of the entrepreneurial personality reflect entrepreneurial motivation
and mindset.

M3 Explore and examine different lines of argument relation to entrepreneurial

characteristics.
D3 Analyse the characteristics traits, skills and motivational drivers of successful
entrepreneurs supported by specific example.
LO4 Examine the different environments that foster or hinder entrepreneurship.
P7 Examine, using relevant examples how background and experience can hinder or foster
entrepreneurship.
M4 Analyse the link between entrepreneurial characteristics and the influence of personal
background and experience to specific successful entrepreneurs.
D4 Critically evaluate how background and experience influences entrepreneurs, both
positively, negatively, by comparing and contrasting examples.