Learn management strategies for clerical and financial operations in a leisure or fitness industry environment
Budgeting is perhaps the most important aspect of financial management; and very often the least practiced. People keep financial records because legally they are obliged to, but budgeting isn't usually a legal requirement.
If finances are to be controlled though, there must be some degree of planning; and once a plan is established, it must be followed.
Cash flow is one of the most important factors to be considered in any budget. Cash flow refers to when money is available for spending. This is different to how much is available in a budget.
Example....A surf shop, sells more surfboards in summer, than any other time. This means more money is available to spend in summer than at any other time. Cash flow is good in summer and bad in winter. The store manager should budget to either save money in summer to pay for things in winter, or else operate on a budget which spends more in summer than it does in winter
This course will help you manage money better in any enterprise you find yourself involved with.
What's in this Course?
Eight lessons:
- Financial Analysis
- Budget Control
- Legal Requirements
- Funding Opportunities
- Workplace Communications
- Managing Documents
- Managing a Resource Library
- Managing Information Technology
Workload
Study when, where and however much you want. For most students, the course can be completed with a total of around 100 hours of study; and a commitment close to that may be needed to achieve desired learning outcomes.
Extra Reading
The following books, available through this web site may be relevant supplementary reading for this course:
- Business Operations
- Saving a Business
Assessment
Self Assessment Tests are presented throughout the course. These are essentially an automated quiz. When you undertake a "SAT" or "Self Assessment Test", you will be able to see what you got correct, and what was incorrect; and in that way, you can identify your weaknesses.
Assignments are given at the end of each lesson. You should complete this assignment, paying careful attention to follow what is asked of you. It can be just as important to learn to work to specification, as it is to learn about the topic you are studying. Graduates who develop a habit of working to specification with vegetable growing, will impress others, and will be more efficient when self employed.
A Final Exam is offered upon satisfactory completion of all assignments. This is optional. If you choose to apply for and do this exam, you will have the possibility of obtaining a "formal credit" or "Pass Certification" for this course. A fee applies. The exam may be sat under prearranged conditions anywhere in the world. This college will award you a formal transcript, upon successful completion of the exam, as proof of your results.
Recognition and Ethics
This college is a member of the ACS Affiliates Network; a group of colleges from several countries, affiliated with each other through ACS Distance Education.. Courses are developed with input from all of these colleges, aspiring to reflect internationally accepted standards and needs.
A strict "No Plagiarism" and "No fraud" policy exists. Assignments are checked for plagiarism, and assignments will not be deemed to have been completed, if work is not your own original creation, and is found to have been copied from elsewhere. If the person doing the course is discovered to be different to the name enrolled, the enrolment and any results will be recorded as invalid and any fees paid will be forfeited.
Refund Policy
A full refund less expenses (up to 15% of fees applied) is provided to anyone wishing to withdraw from a course, within 2 weeks of enrolment. This does not apply after the first assignment has been submitted and marked; or after the two weeks has expired.