Business Operations

BUILD YOUR KNOWLEDGE FOR A SUCCESSFUL HORTICULTURAL BUSINESS CAREER!

The purpose of this course is to provide you with the building blocks for a successful career in business planning and operations.  It covers topics such as business law, the money market, taxation, business plan writing and mistakes to avoid.  It is a solid foundation, developed by highly qualified and experienced professionals.

This is an extremely solid foundation course to develop skills and knowledge in various aspects of business operation and planning, needed to ensure success in business. This course does overlap with Business Studies and Starting a Small Business, so you should choose to do one or another, not ant two of these.

Lesson Structure

There are 6 lessons in this course:

1. Introduction
   • Business law
   • types of businesses
   • starting a business
2. Finance
   • Liquidity
   • The money market
   • terminology
   • insurance
3. Financial Records
   • Simple Bookkeeping procedures
   • cash flow
4. Financial Management
   • Taxation
   • costing
   • budgeting
   • investing
5. Business Planning
   • Developing a 12 month business plant.
6. Mistakes to avoid
   • Reasons for business failures
   • profitability
   • improving productivity

Each lesson culminates in an assignment which is submitted to the school, marked by the school's tutors and returned to you with any relevant suggestions, comments, and if necessary, extra reading.

Aims

• Define the business community, the types of businesses involved and the interaction which occurs between different businesses.
• Explain the difference between goods and services based businesses.
• Define a range of commonly used business terms.
• Research and analyse business opportunities by studying activities in the business world.
• Assess the feasibility of a business opportunity and allocate resources to this business.
• Carry out the basic procedures of recording and interpreting financial records and statements including the cash book, balance sheet, profit and loss statement.
• Explain liquidity and productivity
• Calculate profit and determine assets
• Calculate the real cost of labour in a business.
• Determine pricing based on costs calculated for providing a particular service or product.
• Develop a budget for a simple business operation.
• Develop a simple 3 year business plan (real or hypothetical).

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Business success depends upon a strong foundation of skills and knowledge in various aspects of business operation and planning.  This course is a good choice if you're wondering where to start. It covers vital topics such as finance, financial record keeping, financial management, business planning, mistakes to avoid, and more.

 

The business world is like a complicated machine where there are lots of different parts, all interacting with each other and all dependent upon those parts they are interconnected to. To be successful in business requires an ability to see the broad picture as well as a more precise view, and to foresee the implications of developments in the broader marketplace. Changes in political leadership in one part of the world can eventually have repercussions on the other side of the globe. A downturn in the economy in one place, can eventually affect the marketplace somewhere else. Everything is interconnected in the business world, and the first step towards success is to begin to develop an awareness of the broader marketplace and an ability to foresee changes in your business before they occur.

 

Businesses are setup by individuals or other businesses for generating a return on equity (ROE). Normally, ROE is generated by running business operations which utilize economic resources like land, labour, money and time and generate a return in terms of profit or other economic value addition. Before starting a business it is essential that you review and read the laws that govern business in your area to make sure that you don’t waste resources if the business will not be able to legally run.

 

ACS Distance Education is a College of Horticulture offering horticulture courses, as training for horticulture jobs through home Study gardener course for a career in horticulture.