Managing Small Business

Managing Small Business

The Managing Small Business course focuses on the challenges and opportunities of running a small business. It covers business planning, financial management, and growth strategies.

Key Learning Objectives

By the end of this course, students will:

  • Understand Small Business Fundamentals: Learn the key aspects of starting and managing a small business.
  • Develop Business Plans: Create comprehensive business plans for small enterprises.
  • Manage Finances: Learn financial management techniques for small businesses.
  • Implement Growth Strategies: Explore strategies for scaling and expanding small businesses.

Core Topics Covered

  1. Introduction to Small Business Management
    • Characteristics of small businesses.
    • Challenges and opportunities in small business management.
  2. Business Planning
    • Developing a business plan.
    • Feasibility analysis and market research.
  3. Financial Management
    • Budgeting and cash flow management.
    • Accessing funding and managing expenses.
  4. Marketing and Sales Strategies
    • Marketing strategies for small businesses.
    • Building customer relationships and loyalty.
  5. Growth and Scaling
    • Strategies for business growth.
    • Managing expansion and scaling challenges.

Skills Acquired

By completing this course, students will:

  • Develop and implement business plans.
  • Manage finances effectively for small businesses.
  • Create and execute marketing strategies.
  • Plan and manage business growth.

Career Opportunities

This course prepares students for roles such as:

  • Small Business Owner
  • Entrepreneur
  • Business Consultant
  • Franchise Manager
  • Business Development Manager

Why Choose This Elective?

This course is ideal for students who:

  • Aspire to start or manage a small business.
  • Want to learn practical skills for entrepreneurship.
  • Are interested in business planning and financial management