Small Business Course

Course Overview

Number of Modules
Complete 9 Modules to Pass

Pass Mark
80%

Certificate
Yes

Assessments
After each Major Section/Module

Learning Material
Yes

Included in Transcript
Yes

Course Outline

Module 1:
How to Create a Small Business in South Africa

In this lesson, students will explore how the South African government supports small business start-ups to boost economic growth and reduce unemployment. They’ll learn about the administrative steps and incentives available for new businesses. Additionally, students will discover various financing options, along with the considerations of equity exchange for funding.

Module 2:
The Role of Small Businesses in the South African Economy

Explore the challenges and opportunities of small business ownership in South Africa. They’ll learn about the substantial contribution of small businesses to the country’s economy, including their role in generating over 10 million jobs and fostering economic growth.

Module 3:
Planning and Organizing a Business

Students will learn the importance of organization in business planning, focusing on well-structured business plans, project management, and practical skills like prioritization, time management, delegation, and proactive planning to succeed academically and professionally.

Module 4:
Writing a Business Plan (step-by-step plan)

In this lesson, students will master the art of crafting a comprehensive business plan, focusing on crucial elements like market research, financial projections, and marketing strategies. They’ll learn to articulate a clear vision, set goals, and create a roadmap for their business’s success.

Module 5:
Marketing your Product/ Service

This lesson covers essential strategies for promoting a new product or service effectively. It emphasizes the importance of engaging loyal customers through exclusive previews and special introductory offers. Additionally, it explores various promotional methods

Module 6:
Operating and Managing Your Business

In this lesson, students will learn essential techniques for effective operations management in small businesses. They will discover how to assess, prioritize, delegate tasks, evaluate outcomes, and problem-solve, all aimed at improving operational efficiency, even in the absence of a dedicated operations manager.

Module 7:
Financial Planning and Control

In this lesson, students will learn essential financial planning tips for small business owners, covering areas like goal differentiation, funding options, liquidity management, cash flow, taxes, risk mitigation, succession planning, retirement savings, and estate planning. These insights will help students optimize their business’s financial health and long-term stability.

Module 8:
Providing Insurance for the Business

Learn about the importance of insurance for small businesses and the 10 common types they may need, including general liability, business income, and workers’ compensation insurance. They will understand how insurance protects businesses from risks like injury, property damage, and lawsuits, and that specific needs vary based on their activities and location.

Module 9:
Providing Security for the Business

In this lesson, students will learn essential security measures for businesses, regardless of size or budget constraints. They will discover how to assess risks, provide staff safety training, secure valuable assets, use effective security lighting, install alarms, and implement asset tagging to protect their workplaces and assets efficiently.

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1. How to Create a Small Business in South Africa

Not Completed

2. The Role of Small Businesses in the South African Economy

Not Completed

3. Planning and Organizing a Business

Not Completed

4. Writing a Business Plan (step-by-step plan)

Not Completed

5. Marketing your Product/ Service

Not Completed

6. Operating and Managing Your Business

Not Completed

7. Financial Planning and Control

Not Completed

8. Providing Insurance for the Business

Not Completed

9. Providing Security for the Business

Not Completed