Starting and Running Your Own Successful Business

This course is a correspondence course which you can do in your own home in NZ or anywhere in the world. You will receive a full course manual. 

Session 1. How to Start your Own Successful Business

• Have the right foundation

• The New Zealand way of doing business

• How to contact some helpful resources in New Zealand

• How to Start your own Business

• The eight steps to getting started

• Which is best? Starting or Buying?

• How to use a prepurchase checklist

• How to start with a competitive advantage

• Choosing a name for your business

• Choosing the right business entity

• Choosing a franchise

• Financing your business

• Running your office efficiently

• Business ethics

• Business letters

• Glossary of Business words used

• Getting help

• Great Ideas to build your new Business

Session 2. How to stay Out of Trouble

• Know the Rules

• Contract Law

• Consumer Guarantees

• Sale of Goods

• Fair Trading

• Credit Contracts

• Employment Contracts

• Occupational Safety & Health

• Holidays & leave

• Duties of directors

• Licences & permits needed

Session 3. How to minimise your Tax Legally

• Making a Profit? - Income Tax

• Employing Staff? - PAYE - ACC

• Sales more than $60,000 per year? - GST

• Any staff perks? - Fringe Benefit Tax

• Some Tax Minimising Ideas

Session 4. How to Build your Successful Business

• Marketing and Selling

• How to build your customer base

• The five marketing basics

• The laws of successful marketing

• The common marketing pitfalls

• The marketing concept for your business

• Some common marketing words

• Successful selling techniques

Session 5. How to Increase your Business Worth and make Profits

• Profitable strategies

• The 10 biggest pitfalls to avoid failure.

• How to price for profit

• How to maximise gross margin

• Some 25 cost saving ideas

Session 6. How to Build a Winning Team

• Build your Team

• How to staff your business to win

• How successful businesses hire successful people

• Leadership is your business

• Training & team building

Session 7. How to make your Business Failsafe

• Control the Key Success Factors

• How you must know the score to win

• How to set key performance indicators

• How to watch your profitability - financial analysis

• How to watch your liquidity - cashflow

Session 8. Case Study

• You get to write your own case study

Students who successfully complete this course and pass the final test will receive a certificate from Gilligan Business School.