Practical Business Course - Course Contents

Is the Practical Business Course comprehensive enough to help you start your own business? Take a look at the course contents and see for yourself...

1. An introduction to SWOT analysis
2. Starting the planning process
3. Understanding SWOT Analysis
4. Categories of questions to ask
5. A SWOT example

1. Introduction
2. The Vision of your business
3. Objectives
4. Critical Success Factors of the business
5. Market Analysis
6. Predicting Profitability and cash flow
7. Cash flows and return on investment
8. Sensitivity and break-even analysis
9. Conclusions

1. Introduction
2. The Sole proprietor
3. Partnerships
4. Close Corporations
5. Private Companies
6. Public companies
7. Summary table

1. The 4 P's
2. Product
3. Place
4. Promotion
5. Price
6. Sales & Selling

1. Introduction
2. Statutory reporting - What is required by law
3. Management accounts
4. Income statements (Profit & Loss account)
5. Budgets
6. The Balance Sheet

1. Income statement layout
2. The Period concept
3. The Matching principle
4. Understanding Depreciation
5. Integration into Profit & Loss and the Balance Sheet
6. Management of funds (a daily practical management tool)

1. Importance of accurate recording
2. Invoicing of sales
3. The Typical Sales Invoice

1. Basic outline and expense allocations
2. Relationship to Bank Statements
3. Drafting of a Basic Cash Book
4. Design of an Excel Spreadsheet Model to suit your business

1. Why do we need Petty Cash?
2. Disadvantages of keeping petty cash
3. How to calculate the ideal balance to keep on hand
4. The balancing of the 'imprest' system
5. Integrating into the recording system
6. A Practical example and a manual model
7. A Computer model

1. A Re-look at the Matching Principle
2. Sales & Cost of Sales
3. Gross profit etc
4. Cash Book items
5. Non-cash items
6. Provisions
7. Accruals

1. Recording of Assets and Liabilities
2. Effect of Transactions

12) Setting up your Business

1. Finding Premises
2. Leases
3. Finding office equipment
4. Telephones
5. How to open a bank account
6. A List of South African commercial banks
7. How to operate the bank account
8. Internet Banking and it's advantages
9. Insuring the business
10. Copies of statutory forms
11. What statutory registrations need to be made
12. Lists of addresses of statutory offices country-wide

13) Office Management & House-keeping

1. The importance of filing and legal requirements
2. What documents to keep
3. Practical example of document filing
4. Safe-keeping of records
5. How long must I keep documents?
6. Backing-up data - crucially important

14) Now you are in business

15) Forms, Forms, Forms - All the forms you should need for your business

Requirements for Students

The Practical Business Course is affordably priced as follows:

Cash/		Terms
Credit Card		Deposit	Instalments
R6100	R1830	R587 x 8