Basic Business Skills

BASIC BUSINESS SKILLS
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Describe the skills, aptitude and expertise of a successful business person
Identify different consumer markets
Conduct an evaluation of a specific market
Carry out basic product planning
Complete a range of budgets for a small business
Develop a business plan
Explain how a small business can be financed
BASIC BUSINESS MANAGEMENT

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Manage business operations
Demonstrate an understanding of administration and record keeping
Compile a marketing plan for a small business
Analyse costs and calculate mark-ups
Introduce a budgeting system for a small business
Develop a business plan for a small business
Develop and maintain a basic marketing plan
Manage finances for a new venture
SMALL BUSINESS SKILLS

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Describe and discuss entrepreneurship
Conduct a market investigation
Make costing and pricing decisions
Demonstrate an understanding of selling principles
Implement money management procedures
Write a business overview