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Developing a Business or Product Idea


Start Your Own Business Ideas

To develop a new business there must be certain processes and procedures which should be followed with great attention and extreme detail for proper development of the business.

To boost the business productivity, the business owner needs to follow a proper process from idea to launch and to be connected with stringent standards along the way.

The unit seeks to deliver the guidance about developing business or product idea. It also describes the process of coming up with viable start your own business ideas, along with various ways of identifying the target market and customers.

The unit focuses on the methods of developing the value proposition and the concept of Gross Profit Margin including a look at Operating (Net) Margin and the types of business ownership.

On the completion of this unit learners will be equipped to understand the various types of business ownership and business plan.



After the completion of this course learners will be able to:

  • Identify your target market and customers
  • Develop your value proposition
  • Understand different types of business ownership and structures
  • Evaluate franchising and business purchasing opportunities
  • Develop your value proposition

Programme Content


  • Developing Your Product Idea
  • Identifying Your Target Market and Customers
  • Developing Your Value Proposition
  • Gross Profit Margin
  • Operating (Net) Margin
  • Types of Business Ownership
  • Purchasing an Existing Business
  • Business Plan


Target Audience


This is a standalone course and assumes no prior knowledge.


  • Participants:8 - 400
  • Duration: 2 - 3 hours
  • Participation:Only collaborative

Key Benefits

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Course at QLS
Study Method
Course Duration
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Full Fee:    £ 120

Discount:    £ 96

Pay Today:    £ 24

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