To run a successful business, you will need strong skills and knowledge in financial matters. This short course will provide you with solid knowledge and skills in this area, from planning your business to managing it.
In the planning phase, this includes conducting break-even analyses, costing for the business, including margin or mark-up, charge-out rates and unit costs and setting profit targets and methods for analysing working capital cycles.
In the managing phase, this includes producing financial projections, cash flow estimates, key indicators for financial performance, managing business assets and financial capital and monitoring the financial performance of the business and make changes to strategy as required.
To maximise your sales and profits, you also need a good marketing plan. In this short course, you will learn to develop and implement a marketing strategy to improve the performance of your business venture. This involves analysing and interpreting market data.
Upon successful completion of the short course, you will receive a Statement of Attainment in partial completion of the BSB40320 Certificate IV in Entrepreneurship and New Business.
- Owner Operator
- Small Business Manager
- Small Business Operator
- Small Business Owner