|Entrepreneurial Skills for Small Business - Exemplar Curriculum Document (AIT, 1994, 66 p.)|
|ESTABLISHING A SMALL BUSINESS|
To be credited with this module the student must be able to demonstrate competency in the following learning outcomes:
1 Prepare all papers and documents for setting up a small business.
2 Make arrangements for the physical set up of a small business.
3 Set up a production process/service process for a small business.
LEARNING OUTCOME 1:
Prepare all papers and documents for setting up a small business.
1 The business registration papers are completed.
2 Applications for trade marks, patents, copyright, design, etc are completed.
3 The product designs registration papers are completed.
4 Application for loans, share arrangements, are formulated.
5 Property contracts are drawn up.
6 Administration requirements of the business are obtained.
· Organise and complete the papers, documents and administrative requirements for a small business.
· Administration of the business includes cash book, stationery, stock inventory, bookkeeping, such as invoices, receipts, vouchers and other office requirements.
· The small business can be the selected small business opportunity or a case study.
LEARNING OUTCOME 2:
Make arrangements for the physical set up of a small business.
1 Location and building needs are organised.
2 Furniture, equipment, machines, are ordered/purchased.
3 Equipment and machines are located for installation.
4 Essential facilities are organised.
5 Access for customers and product display is designed and organised.
· Prepare a plan of the physical layout of the business showing positioning of all major business components.
· Essential facilities include electricity, water, toilets, heating/cooling, telephone, waste disposal and others.
LEARNING OUTCOME 3:
Set up a production process/service process for a small business.
1 Safety features are identified and set up.
2 Staff are employed.
3 Channels of distribution and market links are arranged.
4 Suppliers are identified.
5 Raw materials and equipment are obtained.
6 The necessary business contracts are arranged.
7 Advertisements for the business are displayed.
8 A trial production run is conducted.
9 Working procedures are established.
· List the steps and information needed to establish a small business.
· Check establishment progress against the business plan.
· Channel distribution includes transportation, retail or seller to supplier, wholesalers and others.
· Trial run includes testing packaging and other factors.
In designing the learning programme to develop Learning Outcomes 1, 2 and 3, content should include the overlapping areas of skills, knowledge and attitude.
· Working procedures
· Laws, requirements
· Rules and regulations
· Setting goals
· Safety features
· Checking progress against business plan
· Managing time
· Employing staff
READING AND WRITING SKILLS
· Trademark information
· Patent information
· Copyright procedures
· Organising information
· Checking information
· Recording information
· Ordering procedures
· Drawing plans
· Preparing contracts
· Listening actively
· Expressing ideas clearly
· Promoting focussed discussion
· Self confidence
· Mediating conflict
· Location and building requirements
· Share arrangements
· Loan arrangements
· Preparing, planning and organising all relevant people and resources
· Erection of buildings