Basic business skills

Basic business portable skills training prepares individuals for entrepreneurship.

South Africa does not only need more entrepreneurs. Importantly, it needs better entrepreneurs with skills required to make a success of a sound business idea.

The reality is that most South African entrepreneurs are doomed to fail. Many do not survive beyond five years. In fact, the survival rate beyond 3,5 years, the period required to become established, is similarly poor.

Many individuals who have completed this training have gone on to establish thriving small businesses. Others are putting these essential “soft” skills to good use in the workplace.

Basic business portable skills

This basic business portable skills training teaches individuals the following important skills:

• An understanding of what entrepreneurship entails and qualities of a successful entrepreneur
• An ability to structure a basic business plan and adapt it to a specific business idea
• An ability to identify, analyse and select suitable business opportunities
• An understanding of various business types and their legal implication