Advanced Skill Certificate in Frugal Business Model Innovation

Tuesday, 02 September 2025 09:53:41

International applicants and their qualifications are accepted

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Overview

Overview

Frugal Business Model Innovation

is designed for entrepreneurs and small business owners who want to create sustainable and profitable ventures.

Frugal thinking is essential in today's competitive market, and this course teaches you how to develop innovative business models that minimize costs while maximizing value.

You'll learn how to identify opportunities for cost reduction, create new revenue streams, and develop a unique value proposition that sets your business apart from the competition.

Through a combination of lectures, case studies, and group discussions, you'll gain the skills and knowledge needed to apply frugal business model innovation in your own business.

By the end of the course, you'll have a clear understanding of how to create a frugal business model that drives growth and profitability.

So why wait? Explore the world of frugal business model innovation today and discover new ways to succeed in a rapidly changing market.

Frugal business model innovation is a game-changer for entrepreneurs and organizations looking to reduce costs without compromising on quality. Our Advanced Skill Certificate program teaches you how to create sustainable, profitable models that minimize waste and maximize value. By learning from industry experts, you'll gain hands-on experience in frugal innovation, including design thinking, cost reduction strategies, and market analysis. With this certification, you'll be equipped to drive business growth, improve profitability, and make a positive impact on the environment. Career prospects are vast, with opportunities in sustainable development, social entrepreneurship, and corporate innovation.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

•
• Business Model Canvas •
• Value Proposition •
• Customer Segments •
• Channels •
• Customer Relationships •
• Revenue Streams •
• Cost Structure •
• Key Partnerships •
• Frugal Innovation •
• Lean Business Model •
• Sustainable Business Model

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Advanced Skill Certificate in Frugal Business Model Innovation

The Advanced Skill Certificate in Frugal Business Model Innovation is a comprehensive program designed to equip learners with the skills and knowledge required to develop innovative business models that are both sustainable and cost-effective.
This program focuses on teaching learners how to identify opportunities for frugal innovation, design and implement new business models, and measure their impact on the organization.
Through a combination of theoretical foundations and practical applications, learners will gain a deep understanding of the principles and practices of frugal business model innovation, including the use of design thinking, lean startup methodologies, and agile project management.
Upon completion of the program, learners will be able to apply their knowledge and skills to drive innovation and growth in their organizations, while also reducing costs and improving efficiency.
The program is highly relevant to the current business landscape, where companies are under increasing pressure to innovate and stay competitive while also managing costs and resources effectively.
Frugal business model innovation is a key strategy for companies looking to differentiate themselves from their competitors and achieve sustainable growth, making this program an essential skill for anyone looking to succeed in today's fast-paced business environment.
The program is designed to be completed in a short duration of 6 months, with a flexible learning schedule that allows learners to balance their studies with their work and other commitments.
The program is highly industry-relevant, with a focus on real-world applications and case studies from various sectors, including technology, finance, healthcare, and manufacturing.
Learners will have the opportunity to network with peers and industry experts, and gain access to a range of resources and support services to help them achieve their career goals.
Upon completion of the program, learners will receive an Advanced Skill Certificate in Frugal Business Model Innovation, which can be used to demonstrate their expertise and commitment to potential employers or clients.
The program is designed to be delivered online, with a range of learning materials and resources available through a dedicated learning platform.
Learners will have access to a range of support services, including mentorship, coaching, and online community support, to help them achieve their learning objectives and stay on track throughout the program.
The program is highly affordable, with a range of payment options available to suit different budgets and learning styles.
Overall, the Advanced Skill Certificate in Frugal Business Model Innovation is a highly effective way to develop the skills and knowledge required to drive innovation and growth in your organization, while also reducing costs and improving efficiency.

Why this course?

Frugal Business Model Innovation is gaining significant attention in today's market, with the UK being no exception. According to a report by the Centre for Entrepreneurs, there are over 650,000 small businesses in the UK, with many more expected to emerge in the coming years. These businesses are increasingly looking for ways to innovate and stay ahead of the competition.
Year Number of Frugal Businesses
2018 120,000
2019 140,000
2020 160,000
2021 180,000
2022 200,000

Who should enrol in Advanced Skill Certificate in Frugal Business Model Innovation?

Ideal Audience for Advanced Skill Certificate in Frugal Business Model Innovation Entrepreneurs, small business owners, and innovators in the UK looking to boost their competitiveness and profitability by adopting frugal business model innovation strategies, with 70% of small businesses in the UK citing cash flow as a major concern, and 60% of UK businesses reporting that they are struggling to compete with larger competitors.
Key Characteristics: Business owners with a minimum of 2 years of experience, a strong understanding of business operations, and a desire to stay ahead of the competition in a rapidly changing market, with 45% of UK businesses reporting that they need to adapt quickly to changing market conditions.
Career Goals: To develop the skills and knowledge needed to drive frugal innovation, increase revenue, and reduce costs, with 80% of UK businesses reporting that they need to improve their profitability in order to achieve long-term success.
Prerequisites: A basic understanding of business principles, including finance, marketing, and operations, with 30% of UK businesses reporting that they lack the necessary skills and knowledge to drive innovation.