How to Start and Manage a New Business

Code Course Title Start Date End Date Location
1609 How to Start and Manage a New Business

COURSE DESCRIPTION

Small business management blends entrepreneurial goals with a realistic survey of the wide variety of Functional business skills needed to operate a small firm effectively. The course will focus on such skills such as marketing, financial management, and business planning, as well as a clearer view of small business’s Contribution to the national economy. Students will improve their problem-solving abilities through experiential, Exercises, classroom discussion, and the completion of a partial business plan by course’s end. (3 hours weekly).

WHO SHOULD ATTEND

Anyone intending to launch a new business.

COURSE OBJECTIVES

Upon completion of this course, student will be able to:

·         Discuss the current context of entrepreneurship, including its competitive advantages and SBA standards of definition

·         Identify and analyze personal strengths/weaknesses relative to becoming a successful   entrepreneur

·         Identify and evaluate new business startup ideas, also including takeovers and franchising

             ·         Discuss social responsibility, ethics, and environmental issues for a small business

             ·         Describe the special culture of a family business

             ·         Describe the steps needed to launch an effective web presence, and contrast e-commerce business models

             ·         Discuss the impact of, and need for a business plan, and its major parts

             ·         Estimate the market potential for a small business; describe the nature of its marketing    research

             ·         Describe the legal forms of organization available to small businesses

             ·         Describe a new venture’s management team options, and selecting a venture’s location and facilities planning

             ·         Project financial requirements, and describe finding financing sources

             ·         Determine appropriate and effective exit strategies

             ·         Discuss the assessment of financial performance for a small business

             ·         Define customer service, product, and distribution policies

             ·         Describe the application of a pricing system and selection of a price strategy and managing the credit process

             ·         Describe the marketing process for small business, including: promotional budgeting, global strategy options, personal                              selling and advertising practices

             ·         Explain managing human resources for small ventures, including unique issues such as employee leasing.

             ·         Describe the value of quality as a competitive tool; discuss operations analysis to improve productivity in a small business

             ·         Explain risk management for a small firm, including insurance and risk classification

             ·         Determine potential legacy issues relevant to a small firm’s future.

LEARNING INTERVENTIONS

At Jadarat, we believe that human understands more by engagement, by action. You get the best understanding of anything by trying it, thinking about it, talking about it, not by listening to a trainer and watching a presentation. In this work shop you will learn by educational games, community of practices, job assignments, action learning, storytelling, as well as classrooms, and storytelling.

EVALUATION

End-of-module assessment tests requiring a pass rate of 70% or above to advance to the next module.

PRE-COURSE ASSIGNMENT

Before the course, Jadarat assessment center will provide you with international, highly credible assessments that will measure your interpersonal skills, and give you a fruitful report that will help you improve your interpersonal skills, understand every employee needs, passion, communication style, and improve your ability to deal with every employee according to his character. You will also warm up for the course by doing some activities, and answering some questions in order to get ready for the training.

END-OF-COURSE ASSIGNMENT

After finishing the course, you will test your knowledge by answering an assignment. This will let you know which areas you have a good understanding of, and which ones you need to understand better.

POST-COURSE FOLLOW-UP

You can replay the same course within 6 month and we are committed to full money back guarantee if the delegate’s satisfaction is less than 85% in this course.

Would you like to run this course in-house?

 

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