Small Business Courses
From start-ups to established businesses, all successful small business owners have a foundation of critical skills that help set up, manage, market and run all of their business operations.
Education and training is a critical component of developing all of these skills, no matter what age you are when starting your small business. There’s never a perfect time to start your business so, if you’re ready to take the next step in your entrepreneurial journey, enrol in one of our short courses now.
What makes a small business course so important?
The benefits of being a small business owner are plenty, like choosing your own hours, and shaping your service or product to your version of perfection. But, with these pros come a lot of planning and behind-the-scenes responsibilities that are essential to smooth business operations.
From flower arranging through to plumbing, copywriting, mechanics, driving and anything in between, every business requires a solid business plan.
Small business planning requires:
- A good understanding of small business finances
- Familiarity with relevant digital technologies (e.g. social media)
- Ideas for marketing strategies
- A risk management analysis
- A plan to establish legal requirements
Depending on which type of course you choose to complete, a small business course will ensure you develop these critical skills so you can back up your business idea with the best business plan.
What’s the small business industry like in Australia?
The small businesses industry continues to grow in Australia with businesses who employ less than 20 employees making up 98% of Australian businesses.
Small businesses exist in almost every industry in Australian and make up over 44% of Australia‘s workforce and 35% of Australia‘s GDP. However, despite this huge contribution to Australia‘s economy, owning a small business is no walk in the park (for most).
According to the ABS Counts of Australian Business (2019), the average survival rate of small businesses sits at around 64.5%, with non-employee businesses struggling the most during this time frame. Furthermore, despite the significant contribution small businesses give to Australia‘s economy, many small business owners make less than the national average salary.
It’s hard to generalise regarding the income and prospects for small businesses, as obviously this is affected by the nature of the business, its location, size, customer base and owner experience.
Despite these challenges, however, it’s clear that many small businesses can both survive and thrive in Australia, as long as their owners are well-prepared and well-skilled.
Small Business Courses
A Business Management course or Small Business Course can provide a good grounding in the basic skills needed to run a business, no matter what industry you’re looking to plant your feet.
The most popular TAFE small business courses are the Certificate III or Certificate IV in New Small Business.
Available from a number of different providers, these courses will provide you with a nationally recognised qualification, proving your competency in all things small business.
Certificate qualifications cover topics such as legislative codes, financial planning, regulatory requirements, marketing, customer care strategies and performance monitoring.
This small business course equips learners with the skills they need to test the market, plan their business and check that their operational goals are being met, particularly with respect to finance and cash flow.
What skills are needed for a successful career in small business management?
- Working knowledge of business
- Understand laws, such as employment and contract law
- Highly organised and can multitask
- Skilled communicators
Businesses can also be enormously time consuming and there’s almost invariably a period where the business is going well, but not yet generating enough income to afford additional staff. At this point, the amount of work needed can be enormous. Business managers need to be adaptable, versatile and able to prioritise, all the while acting in a reasonable, honest and dependable manner.
Skilled communicators and diplomats, running a small business also requires a degree of confidence and the ability to sell what you do. It also requires the ability to accept a fair level of risk, as small businesses may fail, even if the idea is a good one and the business owner works exceptionally hard.
Although the list of qualities needed for a small business manager is extensive, research shows that small business owners overall tend to be happier and more satisfied with their work than wage earners.
What does running a small business involve?
All small business courses are offered via an online learning study mode, ensuring anyone can enrol, no matter their circumstance. Online courses ensure you can learn new skills at your own pace, giving you more flexibility. Some course options even have flexible start dates for those who cannot study during typical teaching semesters.
Many courses have no entry requirements and offer both full-time and part-time study options. Furthermore, most providers offer payment plans to account for a wide array of financial circumstances.
If you’ve always had your sights set on running your own business, enquire about a small business course today and receive your course overview to make your dream a reality!