ENTERPRENEURSHIP SKILLS DEVELOPMENT
Education and training opportunities play a key role in cultivating future entrepreneurs and in developing the abilities of existing entrepreneurs to grow their business to greater levels of success. Entrepreneurship has proven to contribute to the mechanisms of reducing unemployment rate concerns in the country. The training develops entrepreneurial capacities and mindsets that benefit economies by fostering creativity, innovation, and self-employment.
Entrepreneurs face drastic growth limitations and would fail in the first three years of the of operations due to the following reasons:
- – not keeping complete and accurate business records,
- – weak financial control,
- – lack of management skills, experience, and know-how,
- – the founder’s inability or unwillingness to change,
- – having little focus in activities (attempting to be all things to all people),
- – underpricing,
- – underestimating competition,
- – poor marketing activities,
- – lack of strategic planning, and
- – inadequate liquidity.
Many of these causes of entrepreneur failure could also be identified as barriers to business growth and therefore might be considered in any training needs analysis that is developed regarding engendering business growth.
We offer customised entrepreneurship skills development programs aimed at curbing the above-mentioned barriers of growth. There are several modules within the professional qualifications that we will package to deliver on the training needs of the entrepreneur.