Departments › Community Health › Module IV › Entrepreneurial Skills

Entrepreneurial Skills

Community Health · Level 5  ·  6 Chapters

Compiled by: Wesley Rotich

Can I download Entrepreneurial Skills notes as a PDF?

Yes. The notes download as a PDF too: every chapter has a Download PDF button above its notes. Sign in and click it. Each download comes from your plan's monthly allowance or from credits. To read before you sign in, the first topic of every chapter opens to anyone, and a Profplanet plan opens the remaining topics.

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What Entrepreneurial Skills covers

Entrepreneurial Skills in Community Health Level 5 asks how a health worker could earn from an idea of their own. Financial literacy opens the unit: personal finance, needs and wants, budgets, saving, loans, investments and insurance. The entrepreneurial concept follows, with types of entrepreneurs, characteristics and the choice between salaried employment and self-employment. Next you source and evaluate business ideas and study the business life cycle. Legal aspects cover ownership forms, registration and licensing, contracts, employment laws and taxation. Innovation includes creativity, linkages and ICT, and the final outcome is a written business plan with its presentation.

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Careers after Entrepreneurial Skills

Some community health graduates earn by employment and some by their own ventures, and this unit supports both paths. It covers financial literacy, the entrepreneurial concept, finding opportunities, legal aspects, innovation and a business plan.

  • Small health-related enterprises - plan, register and license a business that serves a community, drawing up a full business plan, for a venture in Mumias.
  • Cooperative and savings groups - manage savings, debt and investment decisions with other members in Embu.
  • Consultancy and training ventures - spot a gap, test the idea and price your service for clients around Nanyuki.
  • Employed roles with business sense - use contracts, employment laws and taxation knowledge as a staff member of a private facility in Kilifi.
  • Business incubation - present a plan to an incubation programme and refine it in Eldoret.

Each idea becomes workable once it has been tested, registered and put into a plan.

Chapters

1
Apply financial literacy
13 topics
Open chapter →
2
Apply the entrepreneurial concept
8 topics
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3
Identify entrepreneurship opportunities
3 topics
Open chapter →
4
Apply business legal aspects
5 topics
Open chapter →
5
Innovate business strategies
4 topics
Open chapter →
6
Develop a business plan
9 topics
Open chapter →
What Entrepreneurial Skills covers: 42 main topics in 6 chapters

1. Apply financial literacy

  1. 1.1 Personal finance management
  2. 1.2 Balancing between needs and wants
  3. 1.3 Budget Preparation
  4. 1.4 Saving management
  5. 1.5 Factors to consider when deciding where to save
  6. 1.6 Debt management
  7. 1.7 Factors to consider before taking a loan
  8. 1.8 Investment decisions
  9. 1.9 Types of investments
  10. 1.10 Factors to consider when investing money
  11. 1.11 Insurance services
  12. 1.12 insurance products available in the market
  13. 1.13 Insurable risks

2. Apply the entrepreneurial concept

  1. 2.1 Difference between Entrepreneurs and Business persons
  2. 2.2 Types of entrepreneurs
  3. 2.3 Ways of becoming an entrepreneur
  4. 2.4 Characteristics of Entrepreneurs
  5. 2.5 salaried employment and self-employment
  6. 2.6 Requirements for entry into self-employment
  7. 2.7 Roles of an Entrepreneur in an enterprise
  8. 2.8 Contributions of Entrepreneurship

3. Identify entrepreneurship opportunities

  1. 3.1 Sources of Business Ideas
  2. 3.2 Factors to consider when evaluating business opportunity
  3. 3.3 Business life cycle

4. Apply business legal aspects

  1. 4.1 Forms of business ownership
  2. 4.2 Business registration and licensing processing
  3. 4.3 Types of contracts and agreements
  4. 4.4 Employment laws
  5. 4.5 Taxation laws

5. Innovate business strategies

  1. 5.1 Creativity in business
  2. 5.2 Innovative business strategies
  3. 5.3 Entrepreneurial Linkages
  4. 5.4 ICT in business growth and development

6. Develop a business plan

  1. 6.1 Business Description
  2. 6.2 Marketing Plan
  3. 6.3 Organizational/Management Plan
  4. 6.4 Production/operation plan
  5. 6.5 Production/operation plan
  6. 6.6 Financial plan
  7. 6.7 Executive summary
  8. 6.8 Business plan presentation
  9. 6.9 Business idea incubation

Revise this unit

Exam-style questions 84 Written to CDACC standard, with answers Test yourself 244 Multiple-choice, one at a time Practise questions 182 Quick recall — check you know the facts
3 more for this unit
Oral exam preparation 61 What the assessor asks, and how to answer out loud Worked calculations 31 Step-by-step maths with the common mistakes Quick cards 1,172 Myth busters, skill tips and scenarios

Beyond the syllabus

Decision simulator 6 On site, what would you do? Workplace scenarios 101 Real site situations — what would you do? Turn this into income 60 Where this skill earns — what to charge, how to find clients

Other units in Module IV