Accounting
The systematic and comprehensive recording of financial transactions pertaining to a business together with the process of summarizing, analyzing and reporting these transactions.
Record Keeping
The maintenance of a history of one's activities, as financial dealings, by entering data in ledgers or journals, putting documents in files, etc.
Pricing of products and services
The price you charge for your product or service is one of the most important business decisions you make. Setting a price that is too high or too low will - at best - limit your business growth. At worst, it could cause serious problems for your sales and cash flow.
Inventory Control
The processes employed to maximize a company's use of inventory. The goal is to generate the maximum profit from the least amount of inventory investment without intruding upon customer satisfaction levels.
Advertising and packaging
Good packaging can be influential in the decision to purchase a product. Packaging in combination with an advertising campaign and the right price, a product can be successful. Packaging, pricing and advertising alone will not secure success, if the product does not live up to expectations.
Working capital management
The goal is to ensure that a business is able to continue its operations and that it has sufficient ability to satisfy both maturing short-term debt and upcoming operational expenses. It involves managing inventories, cash and accounts receivable and payable.
Customer care
The provision of service to customers before, during and after a purchase can help you develop a loyal customer base and improve relationships with your customers.
Credit management
The process of controlling and collecting payments from customers. This is the function within a company to control credit policies that will improve revenues and reduce financial risks.
Business planning and management
The process of assessing an organization's goals and creating a realistic, detailed plan of action for meeting those goals. Management plan takes into consideration short- and long-term corporate strategies. The basic steps in the management planning process involve creating a road map that outlines each task the company must accomplish to meet its overall objectives.
TRAINING PHOTOS
Central District Training Session
