Business Operations

DESCRIPTION 

The aim of this course is to provide you with the building blocks for a successful career in business planning and operations. Covering topics such as business law, the money market, taxation, business plan writing and mistakes to avoid, it is a solid foundation, developed by highly qualified and experienced professionals.

LESSON STRUCTURE

There are six lessons in this course:

1. Introduction
2. Business law
3. Types of businesses
4. Starting a business
5. Finance
6. Liquidity
7. The money market
8. Terminology
9. Insurance
10. Financial Records
11. Simple Bookkeeping procedures
12. Cash flow
13. Financial Management
14. Taxation
15. Costing
16. Budgeting
17. Investing
18. Business Planning Developing a 12 month business plan.
19. Mistakes to avoid
20. Reasons for business failures
21. Profitability
22. Improving productivity

Each lesson culminates in an assignment which is submitted to the school, marked by the school's tutors and returned to you with any relevant suggestions, comments, and if necessary, extra reading.

AIMS

Define the business community, the types of businesses involved and the interaction which occurs between different businesses.

Explain the difference between goods and services based businesses.

Define a range of commonly used business terms.

Research and analyse business opportunities by studying activities in the business world.

Assess the feasibility of a business opportunity and allocate resources to this business.

Carry out the basic procedures of recording and interpreting financial records and statements including the cash book, balance sheet, profit and loss statement.

Explain liquidity and productivity

Calculate profit and determine assets

Calculate the real cost of labour in a business.

Determine pricing based on costs calculated for providing a particular service or product.

Develop a budget for a simple business operation.

Develop a simple 3 year business plan (real or hypothetical).

WHAT YOU WILL DO

Here are just some of the things you will be doing:

Research business publications to evaluate current trends in small business

Prepare management reports for several businesses

Contact lending institutions to enquire about money market investment schemes

Prepare a profit and loss statement, a ledger statement and a balance sheet for a hypothetical business

Speak with the taxation department about business related tax issues

List the assets and liabilities in an existing business

Develop a budget for a simple business operation

DELIVERY

Correspondence

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