Small Business Management — Module 2: Money, Legal & Funding

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About Course

A producer who does not know her true cost is guessing her profit. This module ends the guessing.

Money, Legal & Funding is the second of five modules in Small Business Management: Production, Value Addition and Export, one of Stadira’s two flagship career courses. It is built for people who make, grow or process something in Botswana, or run the services that producers need.

In seven lessons with Prof. Kitso you cost a real batch and find the honest unit cost, set a price two ways and find your break-even, build a start-up budget and a 12-week cash-flow forecast, keep a cash book that a funder or BURS will accept, register your business on CIPA online and learn which licence and tax rules apply, meet the Botswana Bureau of Standards and the EDD Certificate that opens government buying to producers, and climb the funding ladder from your own savings to CEDA, YDF, LEA, NDB and a motshelo, ending with a 60-second pitch. You follow Mpho as she discovers her egg packs cost P13.35, not P12, and Kagiso as a profitable council order leaves him nine weeks in the red.

Every money skill is worked through in Pula with a money picture, then you try it with your own figures in fourteen practice boxes. The field tasks: seven days of a real cash book, a name search on CIPA, and your own pitch.

The module ends with a quiz with full explanations and your Costing & Finance Pack, marked by your teacher. Pass both to earn your Module 2 certificate.

Built, developed and assessed by qualified teachers. Aligned with HRDC priority skills. Stadira Training Institute, BQA-registered Consultancy, Reg. No. CON501, Gaborone, Botswana.

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What Will You Learn?

  • Work out what one unit of your product really costs you, including your own time, and find the batch size that makes it cheapest
  • Set a price two ways, tell mark-up from margin, and work out your break-even in units and in Pula
  • Build a start-up budget with a 10% contingency and a 12-week cash-flow forecast that shows the week your cash runs out
  • Keep a daily cash book and numbered vouchers, and turn one month into a simple profit-and-loss statement
  • Register a business name or company on CIPA’s OBRS from your phone, name the licence your activity needs, and know your BURS basics
  • Find the BOBS standard for your product and explain the EDD Certificate that opens government buying to local producers
  • Match your stage to CEDA, YDF, LEA, NDB, a bank or a motshelo, and pitch your business in 60 seconds with your own numbers

Course Content

Lesson 1 · Costing a product: what one unit really costs you
About 100 minutes with Prof. Kitso.

Lesson 2 · Pricing and break-even
About 100 minutes with Prof. Kitso.

Lesson 3 · Budgets and the cash-flow forecast
About 100 minutes with Prof. Kitso.

Lesson 4 · Bookkeeping and records: your cash book, receipts and a simple profit-and-loss
About 100 minutes with Prof. Kitso.

Lesson 5 · Making it legal: CIPA, licences, BURS and the VAT line
About 100 minutes with Prof. Kitso.

Lesson 6 · Standards and local-manufacturer registration: BOBS and the EDD Certificate
About 100 minutes with Prof. Kitso.

Lesson 7 · Funding, incentives and your 60-second pitch
About 100 minutes with Prof. Kitso.

Check your learning · Quiz and assignment
The Module 2 quiz with full explanations, and the Costing and Finance Pack, marked by your teacher.

Earn a certificate

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