Description
This course is designed to help new managers get an insight into how businesses are set-up and run. The course is especially useful for those taking up a leadership role in a business, and for those planning to set-up and manage their own businesses.
In this course, you will learn about the various types of legal organization and about different types of structures. You will also learn how to analyze the business environment, and how the organization interfaces with and is shaped by external conditions.
You will learn about the basics of business finance, sources of business finance, and the principles of budgeting. Critically, you will learn about the elements of a business plan, and the contribution to planning to business success.
In addition, you will learn about business reporting requirements and the principles of management, and management responsibilities within the organization.
COURSE DETAILS
- Suitable For: First-line and Middle Managers and Business Owners
- Course Duration: 20 Hours
- Access: 3 months
- Certification: Download your Certificate on completion
- Additional Resources: Download comprehensive Learners manual, additional articles and worksheets
COURSE CONTENTS
This course comprises the following lessons:
Lesson 1 – Getting Started
Video – Advice for Small Business Owners
SECTION 1: UNDERSTANDING THE BUSINESS CONTEXT
Lesson 2 – Understanding your Organization
Video – Business Structures
Lesson 3 – The Business Environment
Lesson 4 – Knowing your Business
Lesson 5 – Your Legal Responsibilities
Lesson 6 – Business Planning
Understanding Business – Quiz 1
SECTION 2: UNDERSTANDING FINANCE
Lesson 7 – Understanding Finance 1
Video – Understanding Profit and Loss
Lesson 8 – Understanding Finance 2
Video – Understanding Breakeven
Lesson 9 – Understanding Finance 3
Video – Understanding Cash Flow
Lesson 10 – Understanding Finance 4
Video – Introduction to Financial Statements
SECTION 3: UNDERSTANDING BUDGETS AND RESOURCE MANAGEMENT
Lesson 11 – Understanding Budgets
Lesson 12 – Understanding Risk
Video – Understanding Business Risks
Lesson 13 – Understanding Resources
Lesson 14 – Understanding Management
Understanding Business – Quiz 2
Lesson 15 – Wrapping-up
Understanding Business – Course Evaluation
CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION
