RSD Entrepreneurship and Small Business Management


Why Get The RSD?

To have a practical understanding of the key aspects of running a small business or social enterprise.
To learn about the activities involved in running a small business.
To develop an understanding of how all the different aspects of running a business interrelate so as to achieve success and develop an appreciation of the benefits and importance of organisation and planning.

Learning Outcomes

Explore how a small business or social enterprise plans and allocates resources to achieve objectives
Evaluate the customer relationship management process for a small business or social enterprise.
Develop a cash flow forecast and break-even analysis for a small business or social enterprise.
Discuss the financial statements, regulation and legislation that apply to a small business or social enterprise.

Entry Requirements

Relevant Work Experience in The Field/ High School Level Qualification.

Course Content

Planning resources – premises and equipment, people and skills.
Organisation structures applicable to the business purpose and stage of organisation growth.
Establishing an appropriate organisational culture.
People management.
Use of outsourcing, networks and external advisers.
Understanding key aspects of employment legislation relevant to a small business.
Effective articulation of the vision, goals and objectives.
Key components of a business plan.
The key components of a business plan needed when securing an overdraft or bank loan.
Project management techniques.
Building customer relationships.
Customer relationship management and transnational sales.
Sources of finance for start-up and small businesses or social enterprise.
Cash flow forecast and break-even analysis.
The key financial statements required.
The difference between profit and cash, and the vital importance of cash flow.
The elements of working capital and how to manage cash flow effectively.
Legal and regulatory issues.