electrical business owners

Following on from the Business Planning Module, we will now take you through the detail of developing a Business Strategy. Whilst Business Planning covers an overview of a business and illustrates the end goal, Business Strategy is all about creating a map to get there. By the end of this module, you will have an in-depth knowledge of what Business Strategy is and how you will use it and develop your own to make critical decisions within your business.

Creating and company structure for organisational efficiency and for drawing profits out of the company in the most efficient manner is an important aspect of starting and running a business. Quite often, business owners don’t fully understand the pros and cons when deciding what legal structure they should set up for their organisation. We will look into how to ensure that a structure has been created in the correct way to effectively allow for growth over a set period of time.

In this Sales Masterclass Module, you can expect to develop your knowledge and skills around Selling in your business. The Module will overview Sales Fundamentals, improving your metrics, handling objections, effective follow up and all the way through to putting together and managing an effective sales team. Having effective Sales Skills and an effective Sales Process will directly impact conversion rates and ultimately, business revenue.

Business Operations is essentially the glue that holds the company together and dictates day to day activity within an organisation. A good business operation will ensure the efficient running of the company and the minimising of risk in every department. All resources within your business will have a guide to follow day-to-day and will ultimately provide you with less exposure as a business owner. We will covere the key elements to consider when designing the Operational element of your company in order to maximise efficiency and profit.

Supply Chain is all about the relationship between Manufacturers, Suppliers and End users. The Supply Chain is an important part of the trade and construction industry. Typically, Supply Chain Management is a little overlooked by small companies until they start growing to larger scales. Developing a knowledge of Supply Chain Management at an early stage can be hugely beneficial to the bottom line of your business. You will have a developed knowledge of Procurement, Purchasing and Structuring Pricing to your end customers.

Good recruitment is vital for every organisation – finding the right people for the right roles at the right time. It ensures that the workforce has the relevant skills and abilities for the organisation's current and future needs. You will gain knowledge and insight on a how to successfully identify and implement an effective recruitment strategy to ensure your business is able to perform to its maximum capability and will give you the knowledge to get your recruitment process right every time.

In this module, you can expect to gain knowledge and insight on Human Resources and how important it is for your business. A Human Resource department will normally handle matters such as recruitment, payroll, employment policies and benefits. We will take you through every element of HR and will give you the knowledge to ensure your business is set up in a way that ensures maximum efficiency.

Finance covers a wide area within business, from bookkeeping and cashflow control, all the way to sources of funding and forecasting. Cash is the lifeblood of a business and so it is important to have a full understanding of the major considerations when it comes to managing it throughout your business. Developing your knowledge around finance is critical to ensuring control as you scale up your business.

We will start to look at how we will achieve constant and never-ending improvement for the organisation. By now, you will have an understanding around how to create infrastructure across different departments in order to scale your business, so using this knowledge, you will be able to focus on how to develop a set of your own Management Information after working through this module.

Exit Strategy is something that is sometimes overlooked by Small Business Entrepreneurs; however, it should be considered as fundamental when running a business. Having a personal vision for the business will provide owners with a clarity of direction, which in turn will motivate and increase production. We will provide an overview of what Exit Strategy is, when it should be considered and what different types of strategies that exist.