A3: Factors to be considered when setting up a micro-business

The task here is to evaluate a range (at least 4) of internal and external factors for the small business start-up, along with how they can be a risk to the new business. 

A.3.1:        Capability and core competencies. | Time constraints. | Financial constraints. 

A.3.2:        Potential stakeholder influences. |Access to physical resources. | Availability of IT. 

A.3.3:        Environmental influences. | Internal risks. | External risks. 

 Online resources: Factors to be considered when setting up a micro-business - Power-point