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Business Skills for Entrepreneurs Synopsis

MAJOR OBJECTIVE
The Business Skills for Entrepreneurs programme is designed to provide a thorough understanding of how a business works from a financial point of view and to equip delegates with the necessary tools to enable them to start up and run a small business.
 
COURSE CONTENT
Module A: Business Basics
Starting a Business
The Assets of a Business
Shareholders and Lenders
Module B: The Business Cycle
Sales
  • Cost Based Pricing
  • Comparison Based Pricing
Costs
  • Types of Costs
  • Costing Procedure
  • Profit and its Uses
Module C: Measuring Business Performance
Business Comparisons
Calculating Performance
Return on Assets
Module D: Influencing Business Performance
The Balancing of Results and Resources
Quality and Financial Performance
Waste and Financial Performance
Module E: Basic Record Keeping
The Purpose of Record Keeping
Money In and Money Out
Recording and Analysing Payments
Recording and Analysing Sales
Recording and Analysing Receipts
Completing the Monthly Summary
Reconciling the Bank Statement
Module F: Marketing
Marketing
Marketing and Customers
Module G: Constructing a Business Plan
Toolkit: Useful templates; forms; telephone numbers; websites; Tax tips; etc.
 
TRAINING METHODOLOGY
Pictorial graphics in a unique delegate workbook as well as a cash flow simulation model are used to communicate basic business concepts.
In house instructors are licensed to conduct the programme on a modular basis. Introductory programmes are conducted by Stratagem over two days.
 
COURSE DURATION
Course duration is five days. Presented in-company.
 
FOR WHOM INTENDED
Entrepreneurs or employees who have a reasonable level of education but who prefer less reading and writing than is required on most traditional supervisory programmes. This programme is being used where companies have started with privatisation and need to retrench employees who will later become their sub-contractors.