Business Operations


Business Operations

Business Operations VBS006
 
Course Code VBS006
Qualification Statement of Attainment
Payment Options Upfront & Payment Plans
Delivery Online & Correspondence
Duration 100 Hours

 
Course Information

Are you looking for a career change?  or just want to learn a new skill?  The Business Operations program has been developed in response to industry demand and are specifically designed to equip graduates with work-ready skills. Each participant will be trained and assessed in theory and in practical tasks. Real-world exercises are used throughout the program. 

The aim of this course is to provide you with the building blocks for a successful career in business planning and operations. Covering 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.

  • Starter course for anyone who has not studied business before

  • 100 hours, self paced studies -Correspondence Course or Online Course

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

    • Overview

    • Improving results in business

    • Developing a 12 month business plan.

  6. Mistakes to avoid

    • Examples of things to avoid; lack of market research, problems with marketing, cash flow, attitude, etc

    • Profitability

    • Profitability ratios

    • Reasons why businesses fail

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).

 

WHAT YOU WILL DO IN THIS COURSE

Here are just some of the things you will be doing:


 

  • Research business publications to evaluate current trends in small business

  • Prepare management reports for several businesses

  • Contact lending institutions to enquire about money market investment schemes

  • Prepare a profit and loss statement, a ledger statement and a balance sheet for a hypothetical business

  • Speak with the taxation department about business related tax issues

  • List the assets and liabilities in an existing business

  • Develop a budget for a simple business operation

Finance options

If you are an Australian citizen you may be eligible to receive financial support, meaning you can defer payment of your course fees. Additionally, if you are an Australian resident you may also be eligible to receive Abstudy/Austudy or Youth Allowance.

Student support

We live in a society where the pressures of daily living are high with financial expenses, personal and work commitments, and mortgage and rental obligations. Then there are the unexpected life challenges that also get thrown our way. With this in mind the thought of taking on study can be daunting for most people. Here at Learning Cloud we understand that life doesn’t run in a straight line it has many ups and downs.

As an enrolled student at Learning Cloud, you are entitled to access a variety of non-academic support services from the Student Services Unit. These supports are designed to walk beside you throughout your studies they will assist you in life’s ups and downs to provide you the best opportunity to successfully complete your chosen course.

STUDENT SERVICES PROGRAMS INCLUDE:

  • Careers Counselling Service
  • General Counselling Service
  • Disability Liaison Service
  • Retention & Engagement Service
  • Student Activities
  • Accommodation
  • Disabled Australian Apprentice Wage Subsidy (DAAWS)
  • E Counselling
  • Your-Tutor
  • Parent support
  • Reasonable Adjustment Plan (RAP)

Call our student support today on 1300 650 569 or Email Faculty

Get more information

Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

How will this course advance my career?

Learning Cloud programs have been developed in response to industry demand and are specifically designed to equip graduates with work-ready skills. Each participant will be trained and assessed in theory and in practical tasks and Real-world exercises are used throughout the program.

Studies prove, time and again, that college-educated workers earn more than those with only a high school qualification. College graduates often enjoy additional benefits, including greater job opportunities and promotions. Though the proof for greater earning potential exists, some might wonder whether the cost of the education warrants the overall expense in the long run.

College Graduate vs. Non-Graduate Earnings

The National Centre for Education Statistics (NCES) analyses employee earnings data biennially, according to education level. Findings indicate that workers with a qualification earn significantly more than those without. Since the mid-1980s, education has played a large part in potential wages, with bachelor's degree holders taking home an average of 66% more than those with only a high school diploma do. While college-educated workers' wages have increased over the past two decades, those with only a high school education have seen decreases in annual salaries in the same time period (nces.ed.gov).

How else will I benefit from studying with Learning Cloud?

  • Studying online or distance means you can study where you want and at your own pace.
  • Receive career-focused training with practical, hands-on learning.
  • All course materials are provided and all digital platforms are interactive, work on any device and designed to be fun.
  • Recognition of Prior Learning or Skills Recognition may be available for previous work experience, formal training or qualifications in this field.

THANK YOU