MISKIN MUSIC - ASSIGNMENT BRIEF 2015/16

BTEC Higher National Certificate (HNC) MUSIC

Assignment title/reference: T3.1 The Enterprise Project
Unit: 25 Managing A Creative Business
Assessor: Matt Power

I.V: Andrew Pettitt

Date issued: 11/04/16

Formative assessment: 20/05/16
The
project
brief
Scenario

Submission date: 20/06/16

This project allows you to develop skills required to cope with the demands of surviving within
the world of the music industry. It is an industry where a large number of practitioners are selfemployed, and arts businesses tend to be small or medium enterprises. This project demands
that you set up a small company that undertakes many of the functions of an existing small-scale
enterprise.
You are part of a small-scale enterprise that promotes and provides a function band in and
around the local area.

Learning Outcomes
LO 1

Understand the
structures of small
businesses in the arts
sector

LO 2

Understand sources of
funding and the support
available to small
businesses

LO 3

Be able to apply
financial administration
techniques important to
small business
enterprises
Understand
management issues
relevant to small
business enterprises

LO 4

1.1 explain the structures of businesses in the arts

1.2 explain the roles and responsibilities of sole traders, partners and
directors
1.3 explain how small businesses inter-relate with other businesses, large
and small
1.4 analyse the importance of small businesses to the arts sector
1.5 evaluate personal levels of existing competence of enterprise skills
2.1 research appropriate sources of funding for ongoing business needs,
through relevant case studies
2.2 evaluate sources of funding for new small business enterprises
2.3 research the various organisations which may support small business
enterprises in the arts sector
2.4 evaluate the support which these organisations might provide
3.1 set up systems for the recording of financial transactions
3.2 calculate likely liabilities in respect of tax, NI and VAT

4.1 explain the demands likely to be made of small business proprietors

in the arts sector
4.2 evaluate the potential impact of identified external factors on small
business development
4.3 evaluate business plans relevant to small businesses in the arts.

Learner declaration

I certify that the work submitted for this assignment is my own and research sources are fully
acknowledged.
Student signature:

Qualification: BTEC HNC in MUSIC 2015/16

Date:

MISKIN MUSIC - ASSIGNMENT BRIEF 2015/16

This assignment gives you the opportunity to

achieve the following MERIT grades:
Grade Descriptor
M1
Identify and apply
strategies to find
appropriate solutions
M2
Select / design and apply
appropriate methods and
techniques
M3
Present and communicate
appropriate findings

Indicative
Characteristic/s
Effective judgements
have been made.

Contextualisation

The selection of methods

has been justified

You must identify a wide range of credible research

sources when preparing your business proposal,
applying appropriate methods to its design.

Coherent development of
concepts for the intended
audience.

Your business proposal must be accurate, well

informed, persuasive, and appropriate for the
intended reader.

Throughout the course of the project you must apply

appropriate strategies when necessary to solve
problems as and when they come up.

This assignment gives you the opportunity to

achieve the following DISTINCTION grades:
Grade Descriptor
D1
Use critical reflection to
evaluate own work and
justify valid conclusions

D2
Take responsibility for
managing and organising
activities
D3
Demonstrate convergent /
lateral / creative thinking

Indicative
Characteristic/s
Self-criticism of approach
has taken place and
realistic improvements
have been proposed
against defined
characteristics for
success.
The unforeseen has been
accommodated.

Contextualisation

Innovation and creative

thought have been
applied

A successful enterprise will require elements of

creative thinking and innovation. This must be
evident in your work.

Qualification: BTEC HNC in MUSIC 2015/16

You must evaluate the process giving arguments

for and against decisions you made when:
submitting the proposal; identifying funding; keeping
books; and being an active member of the
enterprise.
You must deal appropriately with problems that may
occur, by being totally organized.

MISKIN MUSIC - ASSIGNMENT BRIEF 2015/16

ASSIGNMENT BRIEF
BTEC Higher National Certificate (HNC) MUSIC
Assignment title/reference: T3.1 The Enterprise Project
Unit: 25 Managing A Creative Business
Assessor: Matt Power

I.V: Andrew Pettitt

Date issued: 11/04/16

Formative assessment: 20/05/16

The
project
brief
Scenario

Task 1
1.1,
1.2,
1.3,
1.4, 1.5
Task 2
2.1,
2.2,
2.3, 2.4
Task 3
3.1, 3.2
Task 4
4.1,
4.2, 4.3

Submission date: 20/06/16

This project allows you to develop skills required to cope with the demands of surviving within
the world of the music industry. It is an industry where a large number of practitioners are selfemployed, and arts businesses tend to be small or medium enterprises. This project demands
that you set up a small company that undertakes many of the functions of an existing small-scale
enterprise.
You are part of a small-scale enterprise that promotes and provides a function band in and
around the local area.
TASKS
Business Proposal
You must devise a proposal for your enterprise, that shows an understanding of: the
structures of businesses in the arts; the roles and responsibilities of sole traders,
partners and directors; how small businesses inter-relate with other businesses,
large and small; and the importance of small businesses to the arts sector. Evaluate
your own enterprise skills and determine your role within the proposed business.
Identifying Funding and Support
Research appropriate sources of funding for your proposed business needs, and
evaluate sources of funding for new small business enterprises. Prepare to reach out
to various organisations which may support small business enterprises in the arts
sector, and evaluate the support which these organisations might provide
Keeping Books
Set up systems for the recording of financial transactions, and calculate likely
liabilities in respect of tax, NI and VAT.
Managing A Business
Evaluate the success of the enterprise. Consider the any problems you may have
encountered along the way. Use reflection to: explain the demands likely to be
made of small business proprietors in the arts sector; evaluate the potential impact
of identified external factors on small business development; evaluate business
plans relevant to small businesses in the arts.

ASSIGNMENT SUMMARY AND FEEDBACK

BTEC Higher National Certificate (HNC) MUSIC

Qualification: BTEC HNC in MUSIC 2015/16

EVIDENCE
Written
Proposal

Evidence of
research,
Drafted letters

Evidence of
book keeping
Written
evaluation

MISKIN MUSIC - ASSIGNMENT BRIEF 2015/16

Assignment title/reference: T3.1 The Enterprise Project

Unit: 25 Managing A Creative Business
Assessor: Matt Power

I.V:

Learner:

Date Submitted:

Criteria
1.1
1.2
1.3
1.4
1.5
2.1
2.2
2.3
2.4
3.1
3.2
4.1
4.2
4.3

The evidence shows you are able to:

explain the structures of businesses in the arts
explain the roles and responsibilities of sole traders, partners and directors
explain how small businesses inter-relate with other businesses, large and small
analyse the importance of small businesses to the arts sector
evaluate personal levels of existing competence of enterprise skills
research appropriate sources of funding for ongoing business needs, through
relevant case studies
evaluate sources of funding for new small business enterprises
research the various organisations which may support small business enterprises
in the arts sector
evaluate the support which these organisations might provide
set up systems for the recording of financial transactions
calculate likely liabilities in respect of tax, NI and VAT
explain the demands likely to be made of small business proprietors in the arts
sector
evaluate the potential impact of identified external factors on small business
development
evaluate business plans relevant to small businesses in the arts

Merit
Grade Descriptor
M1
Identify and apply
strategies to find
appropriate solutions
M2
Select / design and apply
appropriate methods and
techniques
M3
Present and
communicate appropriate
findings

Achieved (tick)

Distinction
Achieved (tick)

Formative Feedback: Assessor to Student

Qualification: BTEC HNC in MUSIC 2015/16

Grade Descriptor
D1
Use critical reflection to
evaluate own work and
justify valid conclusions
D2
Take responsibility for
managing and organizing
activities
D3
Demonstrate convergent
/ lateral / creative thinking

Achieved (tick)

MISKIN MUSIC - ASSIGNMENT BRIEF 2015/16

Action Plan

Summative feedback

Feedback: Student to Assessor

Assessor Signature

Date

Student Signature

Date

Qualification: BTEC HNC in MUSIC 2015/16