Course Overview

Any dream of starting a business will quickly reveal that a business requires a lot of work and an idea doesn't become a business without a lot of efforts.

Some accomplished entrepreneurs will explain the effort necessary to create a business, and the many steps required to launch a business venture. To build a business, you need to know the steps required to reach your goals.

You want to make sure you prepare thoroughly before starting a business, but realize that things will almost certainly go awry. To run a successful business, requires a huge plan. As it is popularly said, “He, who fails to plan, plans to fail”. Planning is only possible if you have an in-depth knowledge of what you are planning.

This online course has therefore been designed to guide you step-by-step through start-up, management and growth of your proposed business. It is an ideal course for Start-up Entrepreneurs, those with troubled businesses, those who want to improve and maintain their business success as well as Business Consultants who offer business advisory services.

You may wish to ask some specific or questions peculiar to your unique circumstances during this training. Please book a video call with your Trainer, Professor Richard Mayungbe on Skype id: tsiltd.tsiltd , whatsapp number +2348033467639, or Zoom

Learning objectives

At the end of the training sessions, participants will be able to:

• Carry out a self-assessment to identify your disposition to own and run a business
• Plan your business, doing the right thing right the first time 
• Assess if your ideas and concept are feasible in the first place
• Handle critical issues and make important decisions
• Identify Legal Requirements In Business
• Develop your business plan seamlessly by yourself
• Choose your business financing options
• Locate sources of business information
• Manage your business easily and with minimum effort

Course Contents

Lesson 1: Planning to start your business

• Self-assessment as a potential business owner
•  your personal  disposition to business
•  can you own  and run a business
• Do you have business experience and management skills      
• self-analysis

Are your ideas and concept feasible

• What is your  idea of a business
• Redefine  the concept
• Define  your market through research and analysis
• Enhancing  your chance for success

Lesson 2: Looking at critical issues and making important decisions

• Choice of Entry
• Are you buying an existing business
• Are you buying a franchise
• Are you starting a new business afresh
• How to select professionals
• How to select a business location
• Risks considerations

Lesson 3: Legal Requirements In Business

• Regulatory  requirements
• Tax information
• Insurance
• Protecting intellectual  property
• Employer responsibilities
• Legal structure of your business

Lesson 4: Develop your business plan

• Business plan outline and other matters

Lesson 5: Financing your business

• Choosing the type of funding you  need
• Equity funding
• Debt funding
• How to choose  a banker
• What a lender looks for
• tips for getting and using small business credit
• worksheet: uses and sources of funds