This Building Block is made up of two main sections. The first looks at the process of business formation itself. The second introduces you to Intellectual Property (IP) and the importance of protecting your own ideas with appropriate IP procedures.
Learning outcomes
After completing this Building Block you should be able to:
- Describe the various legal forms available for business start up
- Evaluate the best route to market entry for your new venture
- Understand what Intellectual Property is and outline the four main types
- Recognise how to protect your own enterprise idea so as to create value in your business
Building Block 5: Formation and Creating Value
