Creative Strategies for Managing your New Business

Course Ref: SPE.3   Course Subject: Register for this course

Dates for this course

Sorry there are no dates available for this course.

Who should attend:

  • Those about to start up a small business
  • Those who have fairly recently started a small business, and wish to improve their skills 
  • Those looking to change career direction

Objectives & Benefits of the Course:

  • To explore the basic requirements for starting a new business and making it a success 
  • Provide a range of skills enabling participants to grow an existing new business.
  • Identify areas of growth within the organization.
  • Enhance participant’s management skills.
  • Participants are able to learn the marketing and business planning techniques that will enable them to develop the necessary entrepreneurial skills for success.

The course will cover:

  • Why start a new business?
    • the need to understand one’s own motivation and abilities
  • Basic aspects of product/service being offered
  • Is it a completely new start up or taking over and existing firm? Implications of each
  • Marketing Activities The 4 P’s
  • Design/license/patents
  • Logistics, e.g. premises, transport
  • Workforce - recruiting, training selecting
  • Financial aspects: cash flow, P & L Break even
  • Raising finance: possible grants/allowances available,
  • Managing the business: sales, marketing, IT, suppliers
    • Introduction to bookkeeping
    • Research Methods, the 4c’s of research
    • What’s the Business Plan all about?
  • Business Strategy
  • Entrepreneurial Skills. SWOT chart
    • Personality traits
    • Creativity
    • Motivation
    • Self discipline
  • Making use of consultants
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All of the facilitators have done very well and are easy going and very concerned with our satisfactions in all aspects.

Training Supervisor – NAPIMS, Nigeria