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Overview

Framework:
RQF
Level:
Entry Level 3
Unit No:
J/617/4102
Credits:
3
Guided learning hours:
30 hours

Assessment Guidance

Portfolio of evidence

Aim

To make learners aware of self-employment as an option and how it differs from employment, and develop their understanding of the need to plan and the support available to people preparing for self-employment.

Unit Learning Outcomes

1

Know about self-employment.

Assessment Criteria

  • 1.1

    Give examples of different types of products or services that can be offered by self-employed people.

  • 1.2

    State some of the key differences between working for yourself and being employed by someone else.

  • 1.3

    List some key advantages and disadvantages of self-employment.


2

Know about planning for self-employment.

Assessment Criteria

  • 2.1

    Identify the key areas to consider when planning to be self-employed.

  • 2.2

    Identify sources of support for preparing for self-employment.


3

Know about income and expenditure.

Assessment Criteria

  • 3.1

    Identify the main sources of income for a possible business.

  • 3.2

    Identify the main types of expenditure for a possible business.