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Manage Basic Business Finance

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MANAGE BASIC BUSINESS FINANCE

US9526, NQF L 3, 6 CREDITS

DURATION: 3 DAYS

PURPOSE OF THE UNIT STANDARD 

To create a better understanding of the bigger economic environment and basic business principles, be able to distinguish between needs and want, in business, be able to identify the different taxes that need to be paid by a business be able to draw up a basic business budget. 

AT THE END OF THE COURSE, LEARNERS WILL BE ABLE TO:

  • Describe the bigger economic environment & basic business principles using words, symbols and graphs 
  • Demonstrate an understanding of ordinary taxes business pay in SA and distinguish needs and wants 
  • Draw up a basic budget for a small business and identify ways to practice control
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