How to run an Informal Small Business
Course Number : SC-ITAMED
Course Type : Short Course
NQF Level : N/A
Credits : Non-credit Bearing
Duration : 2 weeks
The course is aimed at people who interact with customers and suppliers as well as people who are responsible for cash within a small business. This course is intended for small business owners to understand the concept of profit / loss and is intended to give them an understanding of basic financial literacy.
LEARNING ASSUMED TO BE IN PLACE
It is assumed that learners accessing this qualification are competent in:
  • Communication at NQF Level 1.
  • Mathematical Literacy at NQF Level 1.
OUTCOMES
  • Outcome 1: Deal with customers in a professional manner
  • Outcome 2: Respond to customer complaints
  • Outcome 3: Accept payment for goods
  • Outcome 4: Count and record daily takings
  • Outcome 5: Deposit takings
  • Outcome 6: Checking of bank statements against deposits
  • Outcome 7: Replenish float
  • Outcome 8: Complete a basic income statement
  • Outcome 9: Identify how to reduce expenses and shrinkage
  • Outcome 10: Understand basic marketing of a small business
COURSE OVERVIEW