This video presents how a UK further education college implements a national practice firm franchise to deliver work-based business qualifications through a safe, simulated enterprise with international trading and clear employability outcomes.
📊 Quick Facts
| Type | Interview |
| Author | Alexandre GAIN |
| Published | April 1, 2026 |
| Source | Visit Source |
| Location(s) | WENGER Business Center |
🖼️ Illustrations
📝 Abstract
[Summary generated by AI] In this case study, the author details how a UK further education college integrates the practice firm (virtual enterprise) model across its business administration curriculum while serving as the UK franchise holder for the network. The resources used include centrally provided commercial services that simulate real market institutions—banking, Companies House, HM Revenue & Customs, the Post Office, utilities, and insurance—alongside an international network that enables student exchange and participation in a Trade Fair. Methods comprise embedding the practice firm (e.g., the simulated company Clean Sweep) into coursework, rotating learners through departments such as purchasing, administration, and accounts, assigning team leader and supervisor roles, and aligning assessment with OCR NVQ Business Administration (Levels 1–3), Business Skills (Levels 1–2), ECDL, text processing, work and key skills, and the Welsh Baccalaureate. In a risk-free, tutor-supported office environment, the person interviewed reports improved communication, confidence, and career clarity through real-time trading tasks (selling and purchasing). Outcomes and deliverables include qualification evidence portfolios, progression to supervisory responsibilities, pathways to employment and self-employment, and a forthcoming program for sole traders and freelancers. The model scales to FE, schools, HE, prisons, and rehabilitation settings, and is cost-effective (up to five practice firms per £1,295 annually with training and support).