Entrepreneurship Training (Business Sense SMME)

Business Sense allows regular people to experience starting and running a small business in an unforgettable two day learning simulation. They start and run a business in competition with other businesses tackling the challenges of marketing, accounting, quality, managing people and growing the business.

Learning Outcomes:

• Learn to identify new business opportunities and start a new business
• Choose a company name and slogan and start marketing your business
• Work with budgets and business plans
• Experience working with and controlling money
• Become actively involved in marketing, production and providing world-class service to their customer
• Negotiate wages and realise the importance of positive labour relations
• Share information and generate creative and innovative ideas
• Feel the effects of absenteeism and poor quality on team profitability
• Experience real competition and compete on their ability to be profitable
• Take responsibility for balancing “books”, paying tax and rewarding stakeholders