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50 - ACC- Accredited Courses
IBS 501 - Business and Finance (by IBS, UK)
Please contact us for fees
Course Description
The growing demands of the high powered global business environment requires new and up to date soft business skills from current and future employees which are necessary requirements to empower any organization. Participants will be able to embark confidently on a successful business career. At the same time, businesses will benefit as their staff engages with topics that are at the forefront of modern day business techniques. In this course participants will be introduced to different internal and external factors that affect a business; business and financial planning tools and techniques; and how to best use available resources.
Course Objectives
- Identifying and understanding everyday business terminology
- Distinguishing between the various legal structures for a business
- Recognizing the importance of transforming resources into goods and services
- Applying basic financial planning tools and techniques
- Appreciating the main issues when managing a business
Who Should Attend?
- Managers
- Team leaders
- Supervisors
- Career developers
- Anyone with the desire to better understand/practice core business and finance concepts
Course Details/Schedule
Day 1
- Difference between the internal and external environment
- Different functions of the internal environment
- Different functions of the external environment
- Market and market competitors
Day 2
- Business legal structures
- Matching legal structures to different types of business sectors.
- Goods export and import
- Dealing with customers and legal obligations
Day 3
- Effective business planning
- Market research
- SWOT and PEST analyses
- Operational decisions
Day 4
- Finance raising and calculation
- Budget setting and break-even analysis
- Cash flow management
- Profit measurement and increment
Day 5
- Workforce development
- Employee motivation
- Benefits of technology
- Difference between leadership and management
