Level 2 Award in Setting Up Your Own Business

Tuesday, 17 February 2026 15:44:56

International applicants and their qualifications are accepted

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Overview

Overview

Setting Up Your Own Business

is an ideal course for individuals looking to turn their entrepreneurial dreams into reality. This Level 2 Award is designed for those who want to start their own business, providing them with the necessary skills and knowledge to set up and run a successful venture. Business planning is a crucial aspect of this course, teaching learners how to create a business plan, manage finances, and market their products or services. By the end of the course, learners will have a solid understanding of the business setup process and be equipped to take the first steps towards launching their own business.

Setting up your own business can be a thrilling venture, but it requires careful planning and preparation. This Level 2 Award course is designed to equip you with the essential skills and knowledge to turn your ideas into reality. You'll learn about business planning, finance, marketing, and more, giving you a solid foundation for success. With this award, you'll gain career prospects in entrepreneurship, management, and leadership, and be able to start your own business with confidence. Unique features include interactive workshops, industry expert guest speakers, and a supportive learning environment.

Entry requirements

Educational Background:

  • Open Entry: This program is open to all applicants, regardless of previous qualifications. Whether you're starting fresh or seeking to build on existing knowledge, everyone is encouraged to apply. Higher qualifications and relevant experience are also welcomed but not required.

Age Requirement:

  • Minimum Age: Applicants must be 16 years or older. This program is designed to support both recent school leavers and those beginning their professional journey.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Business Plan
• Market Research
• Financial Planning
• Marketing Strategy
• Human Resource Management
• Risk Management
• Entrepreneurship Skills
• Business Structure
• Funding Options
• Business Law and Ethics

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Level 2 Award in Setting Up Your Own Business

The Level 2 Award in Setting Up Your Own Business is a vocational qualification designed to equip learners with the necessary skills and knowledge to start their own business.
This award is ideal for individuals who want to turn their entrepreneurial ideas into reality, and it provides a solid foundation for those looking to set up a sole trader or small business.
The learning outcomes of this award include understanding the basics of business planning, financial management, and marketing, as well as developing essential skills such as time management, self-motivation, and problem-solving.
The duration of the award is typically 12-16 weeks, although this can vary depending on the learner's prior experience and the pace at which they complete the course.
The Level 2 Award in Setting Up Your Own Business is highly relevant to the retail, hospitality, and service sectors, where many small businesses are established.
This award is also relevant to those looking to start a business in the digital age, as it covers topics such as e-commerce, social media marketing, and online business management.
By completing this award, learners will gain a recognized qualification that can be used to demonstrate their skills and knowledge to employers, clients, or investors.
The Level 2 Award in Setting Up Your Own Business is a great way to kick-start a new business venture, and it can be a valuable addition to a learner's CV or resume.
With its focus on practical skills and real-world applications, this award is an excellent choice for anyone looking to set up their own business and achieve success in the competitive business world.

Why this course?

Level 2 Award in Setting Up Your Own Business is a highly regarded qualification in the UK, with over 150,000 learners completing it every year. According to the UK's Office for National Statistics, the number of self-employed individuals in the UK has increased by 1.4 million since 2015, with 4.9 million people running their own businesses.
Year Number of Self-Employed Individuals
2015 4.2 million
2020 4.9 million

Who should enrol in Level 2 Award in Setting Up Your Own Business?

Ideal Audience for Level 2 Award in Setting Up Your Own Business Are you a UK-based individual looking to start your own business? You're not alone. According to a recent survey by the Federation of Small Businesses, there are over 650,000 small businesses in the UK, employing over 16 million people.
Key Characteristics Our ideal learner is likely to be a motivated and entrepreneurial individual, aged 18-65, with some business experience or a passion for entrepreneurship. They may be looking to start a part-time or full-time business, or seeking to grow an existing venture.
Learning Objectives By completing this Level 2 Award, learners can gain the skills and knowledge needed to set up and run a successful business, including understanding business planning, finance, marketing, and management. This qualification is ideal for those looking to start a business in the UK, with a focus on entrepreneurship and small business management.
Prerequisites There are no formal prerequisites for this qualification, but learners should have a good understanding of basic business concepts and be able to commit to regular study and assessment.

Insights

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