Business Essentials: Knowing your financials and your customer
This workshop is for Aboriginal and Torres Strait Islander people who have a basic understanding of business obligations and requirements and are developing your business plan, are ready to go into business or already in business but need to check the facts.
Workshop key topics
Identifying and understanding your customer and target market, Who is your competition, How much money do you need to start your business, How are you projecting your sales, What are your operating expenses, How do you work out your operating profit and Key metrics are how you measure your business performance.
After completing this workshop you will have an understanding of who is your customer, what it will cost to set up and operate your business and understand the financial management required to start your business.
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