BBS - Basic Business Skills Duration One Day Overview Covers the basic principles and knowledge required to understand and operate a small business 1. Explain and discuss the purpose of a business plan Elements of a business implementation plan are listed and explained An activity chart is designed and drawn up Legal requirements are discussed and verified 2. How to run a business Systems required to run and maintain a business are identified, explained and discussed Inter relationship between the systems are explained Risks involved in running a business are explained 3. How to respond to a changing environment Changes in business environment are identified and described Reasons for the changing environment are provided Ways to adapt to the environment are provided Business plan is adopted to respond to the changing environment SWOT Analysis