Understanding Business

£4.95

This course is designed to help new managers get an insight into how businesses are set-up and run. The course is especially useful for those taking up a leadership role in a business, and for those planning to set-up and manage their own businesses.

Description

This course is designed to help new managers get an insight into how businesses are set-up and run. The course is especially useful for those taking up a leadership role in a business, and for those planning to set-up and manage their own businesses.

In this course, you will learn about the various types of legal organization and about different types of structures. You will also learn how to analyze the business environment, and how the organization interfaces with and is shaped by external conditions.

You will learn about the basics of business finance, sources of business finance, and the principles of budgeting. Critically, you will learn about the elements of a business plan, and the contribution to planning to business success.

In addition, you will learn about business reporting requirements and the principles of management, and management responsibilities within the organization.

COURSE DETAILS
  • Suitable For: First-line and Middle Managers and Business Owners
  • Course Duration: 20 Hours
  • Access: 3 months
  • Certification: Download your Certificate on completion
  • Additional Resources: Download comprehensive Learners manual, additional articles and worksheets
COURSE CONTENTS

This course comprises the following lessons:

Lesson 1 – Getting Started

Video – Advice for Small Business Owners

SECTION 1: UNDERSTANDING THE BUSINESS CONTEXT

Lesson 2 – Understanding your Organization

Video – Business Structures

Lesson 3 – The Business Environment

Lesson 4 – Knowing your Business

Lesson 5 – Your Legal Responsibilities

Lesson 6 – Business Planning

Understanding Business – Quiz 1

SECTION 2: UNDERSTANDING FINANCE

Lesson 7 – Understanding Finance 1

Video – Understanding Profit and Loss

Lesson 8 – Understanding Finance 2

Video – Understanding Breakeven

Lesson 9 – Understanding Finance 3

Video – Understanding Cash Flow

Lesson 10 – Understanding Finance 4

Video – Introduction to Financial Statements

SECTION 3: UNDERSTANDING BUDGETS AND RESOURCE MANAGEMENT

Lesson 11 – Understanding Budgets

Lesson 12 – Understanding Risk

Video – Understanding Business Risks

Lesson 13 – Understanding Resources

Lesson 14 – Understanding Management

Understanding Business – Quiz 2

Lesson 15 – Wrapping-up

Understanding Business – Course Evaluation

CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION