Entrepreneurship Skills and Business Alignment (ESBA)
Course Title: Entrepreneurship Skills and Business Alignment (ESBA)
Objective: Equip participants with foundational entrepreneurship skills and business management strategies for starting, running, and sustaining a successful business.
Module 1: Starting a Business
Objective: Understand the essential steps in launching a business.
- Definitions of Entrepreneurship
- Ideation: Generating and selecting business ideas
- Business Plan Development
- Business Structures (Types & Sizes)
- Understanding Basic Financial Statements
Activity: Develop a draft business plan based on your business idea.
Module 2: Building & Actualizing a Business
Objective: Learn the key elements in turning a business plan into a reality.
- Choosing the Right Business Premises
- Alternative Ways to Source Capital
- Identifying & Hiring the Right Skills & Labor
- Understanding Business Licensing & Regulatory Compliance
Activity: Group discussion on common funding sources for startups.
Module 3: Business Management
Objective: Explore the fundamental disciplines of managing a business effectively.
- Strategic Planning
- Financial Management
- Marketing & Sales Strategies
- Operations Management
- Human Resource Management
- Technology & Equipment Integration
- Effective Business Communication
Activity: Create a simple business budget and marketing plan.
Module 4: Business Sustainability
Objective: Understand how to ensure long-term business success.
- Meeting Customer Needs
- Industry Dynamics & Competitive Advantage
- Innovation & Authenticity in Business
- Avoiding Complacency & Striving for Operational Excellence
- Integrity & Business Ethics
- Flexibility in Business Strategies
- Building Brand Loyalty & Customer Retention
Activity: Identify key risks in business and how to mitigate them.
📚 Learning Resources
- Case studies on successful entrepreneurs
- Business strategy insights from Harvard Business Review
- Recommended Books:
- The Lean Startup by Eric Ries
- Rich Dad Poor Dad by Robert Kiyosaki
- Blue Ocean Strategy by W. Chan Kim & Renée Mauborgne
🎯 Course Outcomes
- Ability to create a structured business plan.
- Knowledge of financial planning and business structures.
- Understanding of marketing, sales, and business management principles.
- Strategies for business sustainability and growth.
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