What is Small Business Management?
Small Business Management is all about entrepreneurship and the management of a small business. In the difficult economic times we live in, people have started developing creative and unique ways to earn an income and make a living for themselves. Whether it is a family-owned business, home-based office, private service, or small corner-shop, proper management is crucial for your financial survival. You not only need a proper business plan with feasible ideas, but also knowledge of legislation and registration processes. Starting a business may be a daunting prospect, but if you're geared with the necessary skills and a clear vision, success is within your reach!
What Small Business Management Courses does College SA offer?
Services SETA National Qualifications
College SA Small Business Management Courses
What do these Small Business Management Courses entail?
The Certificate in Small Business Management Course focuses on all the important aspects involved in starting your own small business. Students would gain perspective on Small, Medium and Micro Enterprises, as well as the external factors that have an influence on them. Attention is given to the process of establishing a business, which involves the generating of business ideas, determining which of these are feasible and have potential, as well as what means of marketing would be used. One cannot merely jump into such a venture without giving proper thought to all the contributing factors.
A very important part of this course is therefore aimed at teaching students how to do calculations to determine their business needs, potential market, viability, expected income, cash budgeting, financial risks, etc. This leads to the establishment of a business plan, which in turns involves certain legal requirements. Setting up a successful business involves a lot of technical aspects like registration, testing, licensing, and compliance to legislation. For this reason, the course deals with labour legislation such as Employment contracts, Equity Acts and Labour Relations Acts. The Certificate in Small Business Management is therefore an all-encompassing course that would be of great use to anyone who is considering starting a small business.
The National Certificate: Small Business Financial Manager Course is offered in partnership with the Institute of Certified Bookkeepers (ICB) and is aimed at developing the financial skills that students need to manage the finances of a small business. The focus is therefore not only placed on the technical side of managing finances but also on other managerial functions that would entail basic human resources skills. Since this course does not exclusively involve financial skills, it is also ideal for students who wish to work in any managerial position.
Although a Small Business Financial Manager's job is generally to assist a senior Financial Manager, entrepreneurs who start their own business or already run small enterprises often require Small Business Financial Managers to fulfil the role of senior Financial Managers. They would then have responsibility over all financial aspects, and it goes without saying that applicants who have the necessary qualifications would have a big advantage when it comes to recruiting someone for this position. The National Certificate: Small Business Financial Manager Course develops finance, reporting, costing and accounting skills, so if you want to prepare yourself for a career in this field, enrol for this course today!
