Business Basics Explained
Business Basics™ aims to give all SME business owners a better understanding and insight into what they need to learn and develop, to start and build a successful business.
You do not need a degree in business to be successful, but you do need to be business aware. If you do not know, understand and deploy these skills you will remain at a competitive disadvantage indefinitely.
Businesses can become over complicated and Business Basics™ provides you with a way of simplifying, visualising and managing the different aspects of your business.
What Business Basics™ covers:
Module 1:
Growing Your Business
To survive, every business needs to grow, but to do that you need to understand ‘The Journey’. In this module we cover the activities that are essential to successful growth.
- “The Growth Journey” – 3 Key Questions you need to answer
- Understand the ‘Business Growth Formula’ and how it affects your business
- Learn about the 6 Business Growth Drivers and how to apply them
- Listen to 2 Business Growth Podcasts complete with downloadable scripts
- Access 3 Key Templates to plan your growth
- Read our 15 Page ‘Business Growth’ eBook with the key learning and action points
Module 4:
Financial Management
Money is the language of business. You need to understand its movement & you need to understand its drivers.
- Learn how to use Management Information, daily, to drive your business growth & profitability
- Learn how read and use key financial reports – ignoring these can be the downfall of many new businesses
- The 7 profit Drivers – what they are and how they can work for your business
- Why bad people management can cost your business dearly
- Stop re-inventing the wheel!
- Listen to our 3 Podcasts with downloadable scripts
- Read our 13-page eBook on financial management
- Use our 4 Financial Templates to get to grips with your numbers
- Start planning with our highly effective ‘3 Page Business Plan’
Module 2:
Time Management
This is the module which enables all the other parts of Business Basics™. You need to master this skill to allow you give you the time and space to apply the other skills within Business Basics™
- Understand the true value of Time Management
- Master the skills you need to make it work
- Learn how to manage the ‘White Noise’
- Why we all need to manage our ‘Time Horizons’ and how to do it
- Listen to our Podcast with downloadable script
- Use our ‘Time Management Planning Template’ to get started right away
Module 5:
Understanding Risk
Running any business involves risk – however successful businesses understand risk and how to manage it.
- What are you in business for?
- What do we mean by risk?
- Learn the ‘5 Types of Risk’
- How does risk affect your business decisions?
- Listen to our Risk Podcast with downloadable script
- Use our ‘Risk Template’ to understand your business risks
Module 3:
Business Mechanics & Business Management
Businesses are made up of lots of different component parts which all come together under the leadership and management team to drive you forward. Understanding how to make all the moving parts work together is a vital skill for running a successful business.
- Learn what makes your business ‘tick’
- Create your ‘Business Framework’
- Understand how the parts of your business fit & work together
- Listen to our Podcast with downloadable scripts
- Use our ‘Business Mechanics’ and the Business Basics™ Canvas template to understand and visualise your business and its component parts
