Small business responsibilities

Introduction

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Figure 1  Justice statue in Frankfurt
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The image shows the Lady Justice statue in Frankfurt against the backdrop of a blue sky.

Figure 1  Justice statue in Frankfurt

Welcome to the Starting your small business course where you will look at the responsibilities of small business owners. This section will take approximately three hours to complete.

Once completed you will have the opportunity to obtain the ‘Small business responsibilities’ badge. In this section, you will:

  • look at the legal responsibilities of running a small business in the UK
  • look at the essentials of business finance
  • explore some of the options in resourcing a small business
  • apply these ideas to real life situations
  • establish the responsibilities and resourcing options for your business idea.

To help you along the way, there are a number of activities which will help you reflect on and understand what you have been learning within this section, and how you can apply these new skills and knowledge for yourself.

Learning outcomes