Singapore University of Social Sciences

Growing Your Small Business

Applications Open: 01 March 2019

Applications Close: 26 March 2019

Next Available Intake: 09 April 2019

Schemes: Lifelong Learning Credit (L2C)

Language: English

Duration: 2 days

Fees: $1400

Area of Interest: Business Administration, Finance, International Trade, Management


Next Available Intakes: 9 & 16 April 2019, 6 & 13 July 2019
Level: Basic
Duration: 2 days
Venue: Singapore University of Social Sciences
Minimum number to run: 20 participants (To be updated by SUSS)


Synopsis

In this course you will be taught how to understand your business better. The course will provide knowledge enabling you to grow your business to the next level. The course will start with having participants understand and identify the unique selling point of their product/service and their critical success factor(s).

The course will help participants in growing their micro/small business and sustain it.

Who Should Attend

Micro and small business owners managing their own business. This course is useful for owners of small home-based businesses, as well as owners of small owner managed enterprises (SOME).

Topics

  • Understanding your business: Unique selling point and Critical Success factors
  • Growing your market
  • Knowing your costs
  • Strategic Pricing
  • Managing Cash Flow
  • Managing Constraints

Objective

A. Knowledge and Understanding (Theory Component)

By the end of this course, you should be able to:

  • List unique selling point of product/service.
  • Identify the business critical success factors.
  • Discuss how to grow the market.
  • Describe the complexities of costing.Evaluate different pricing strategies

B. Key Skills (Practical Component)

By the end of this course, you should be able to:

  • Demonstrate knowledge of the critical success factors.
  • Apply suitable pricing strategy.
  • Review cash flow statements effectively.
  • Develop a financial budget.
  • Identify and manage constraints.
  • Apply break even costing analysis.
  • Apply expansion strategy.


Schedule

TimeAgenda
Day 1
09:00 - 09:30Course Overview
09:30 - 11:00

Understanding your business: Unique selling point and Critical Success factors

11:00 - 11:15Break
11:15 - 12:30Growing your market
12:30 - 13:30Lunch
13:30 - 16:00Knowing your costs I
16:00 - 16:15Afternoon Tea Break
16:15 - 18:00Knowing your costs II
Day 2
09:00 - 11:00Strategic Pricing
11:00 - 11:15Break
11:15 - 12:30Managing Cash Flow
12:30 - 13:30Lunch
13:30 - 16:00Managing Constraints
16:00 - 16:15Break
16:15 - 17:00Where to go from here
17:00 - 18:00Assessment Presentations


Assessments

  • Individual Presentation
    (Assessment will be a 5 to 10 min presentation by participants identifying one issue/constraint they have in their business and what they learnt during the course can be put to use to help solve that issue/constraint)

Requirements

  • Attendees should have prior business experience.
  • Attendees have to bring along their own laptop.

About the Trainer

Ameen is currently Head of Applied Projects at SUSS. At the age of 20 he graduated from Ain Shams University (Cairo) with a 4year B.Com (Accounting) degree. He obtained his MSc in Accounting and Finance from London School of Economics and his PhD from University of Warwick.

Ameen is a Fellow Chartered Accountant; trained and worked in KPMG England and later Ernst & Young in Singapore. He left the audit practice as audit manager in 1991 to join National University of Singapore (NUS) Business School as lecturer.

He left NUS in 2003 to focus on his F&B business (Café Le Caire) and his consulting under Ameen Talib & Associates. Ameen had been in business for over 16 years. Ameen had also been strategic planning director and the Chief Executive Officer (CEO) of a manufacturing company in Thailand. Ameen has conducted trainings and/or consulting in various countries.

Application Procedures

Please submit the following documents to Y2V0QHN1c3MuZWR1LnNn:

  1. Coloured copy (back and front) of NRIC for Singaporeans and PRs, or "Employment"/"S" Pass for foreign applicant
  2. Recent payslip or income statement (For WTS scheme only)
  3. Application form

Course Fee

International ParticipantsS'poreans and PRs
(aged below 40)
SkillsFuture Mid-Career Enhanced Subsidy1
(S'poreans aged 40 and above)
Workfare Training Support2
(S'poreans aged 35 and above, and earn ≤ $2,000 per month)
Enhanced Training Support for SMEs3
Full Course fee (A)$1400$1400$1400$1400$1400
SSG grant (70%) (B)-($980)($980)($980)($980)
Nett course fee (A) - (B) = (C)$1400$420$420$420$420
7% GST on nett course fee (D)$98$29.40$29.40$29.40$29.40
Total nett course fee payable, including GST (C) + (D) = (E)$1498$449.40$449.40$449.40$449.40
Less additional funding if eligible under various schemes (F)--($280)($350)($280)
Total nett course fee payable, including GST, after additional funding from the various funding schemes (E) - (F) = (G)$1498$449.40$169.40$99.40$169.40

1 Mid-Career Enhanced Subsidy: Singaporeans aged 40 and above may enjoy subsidies up to 90% of the course fees.
2 Workfare Training Support: Singaporeans aged 35 and above (13 years and above for Persons with Disabilities) and earning not more than $2,000 per month may enjoy subsidies up to 95% of the course fees.
3 Enhanced Training Support for SMEs: SME-sponsored employees (Singaporean Citizens and PRs) aged 21 and above may enjoy subsidies up to 90% of the course fees.


  • Participants are required to achieve at least 75% attendance and/or sit and pass any prescribed examinations/assessments or submit any course/project work (if any) under the course requirement.
  • The course fees are reviewed annually and may be revised. The University reserves the right to adjust the course fees without prior notice. Singapore University of Social Sciences reserves the right to amend and/or revise the above schedule without prior notice.

For clarification, please contact the Centre for Continuing and Professional Education (CCPE) via the following:

Telephone: +65 6248 0263
Email: Q0VUQHN1c3MuZWR1LnNn
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