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Content of this unit
Leadership
If you are going to employ people, leadership will be a key skill. You must be able to motivate and enthuse your staff in order to get the best from them. The success of your company will depend, to some extent, on the morale and productivity of your workforce, and it is your job to ensure that they are at their best.

Leadership is not all about dictating. Instead, you must be prepared to listen to concerns and suggestions from your staff. Start-up enterprises offer a unique environment for employees as the working style is often more collaborative.
5.1 Setting up your micro enterprise
5.1.1 Step 1: Do your research 5.1.2 Step 2: Write your business plan 5.1.3 Step 3: Plan your finances 5.1.4 Step 4: Choose a business structure 5.1.5 Step 5: Pick and register your business name 5.1.6 Step 6: Get licenses and permits 5.1.7 Step 7: Choose your accounting system 5.1.8 Step 8: Set up your business location 5.1.9 Step 9: Get Your Team Ready 5.1.10 Step 10: Promote your small business
5.2 Skills for setting up a micro enterprise
5.2.1 Project management 5.2.2 Finance and accountancy 5.2.3 Leadership 5.2.4 Presenting and communication 5.2.5 Delegation and managing people 5.2.6 Sales and marketing
5.3 The cost and risks of setting up a micro enterprise
5.3.1 Product or service risk 5.3.2 Market risk 5.3.3 Financial risk 5.3.4 Health and safety risk 5.3.5 Poor management risk
5.4 Educational film
5.5 Additional resources
5.6 References