Business & Entrepreneurship

Before taking this course, we advice you to complete the Business Basic (1) because this is the second part (2) of it. At the end of this course, you will be able to:

• Define the term balance sheet
• Explain the importance of preparing a balance sheet and the consequence of not having a balance sheet
• Explain the meaning of Finance and Determine the funds needed to run the business
• Identify the sources of finance
• Describe the concept of tax and its implications on the business
• Screen the business idea list and Carry a field study about the business ideas
• Be able to carry out a SWOT analysis of a business idea.
• Select the most viable business idea to operate
• Describe business conflicts and their causes 
• Apply negotiation skills in their business transactions and Resolve business conflicts

Please watch all videos and review the PDF slides. After each module, take a moment to check your understanding with the quiz. At the end of the course, you will get the opportunity to take an exam to get a certificate.

2.1  Balance Sheet

In this video, we shall define the term balance sheet, Explain the importance of preparing a balance sheet, Explain the consequence of not having a balance sheet.

Once you have finished and revised this session, check your understanding: Click here

2.2  Financial Management

In this video, we shall be able to Explain the meaning of Finance, Determine the funds needed to run the business and Identify the sources of finance.

Once you have finished and revised this session, check your understanding: Click here

2.3a Business Records

In this video, We shall learn the concept of record keeping and why it is important in business and Identify key record keeping practices and tools available for small businesses.

Once you have finished and revised this session, check your understanding: Click here

2.3b Business Poor Record Keeping Consequences

In this video, we are going to look at the consequences of poor record keeping.

Once you have finished and revised this session, check your understanding: Click here

2.3c Business record keeping – cash control

In this video, we are going to learn the Cash Control Practices.

Once you have finished and revised this session, check your understanding: Click here

2.4a Business Communication

In this video, We are going to learn about applying the appropriate communication in business operations, Build confidence and strengthen their capacity to lead and Identify barriers to effective communication.

Once you have finished and revised this session, check your understanding: Click here

2.4b Communicating Effectively

In this video, we shall learn some hints of effective communication.

Once you have finished and revised this session, check your understanding: Click here

2.5  Business Conflict Management

Here is this video we shall describe business conflicts and causes of business conflicts, Applying negotiation skills in the business transactions and resolving business conflicts.

Once you have finished and revised this session, check your understanding: Click here

To review the course or come back to a specific lesson, check out the PDF: