Business Planning, Management and Administration Series 1- 6 hours (LU)

This course is designed to help home builders develop the skills needed to run a successful building or renovation business. It focuses on key areas such as understanding performance indicators, setting clear business goals, and creating actionable plans to achieve them. Participants will learn to craft a business vision, mission, and values, with an emphasis on setting SMART goals. The course also highlights the importance of ethics and integrity in the construction industry and addresses common reasons for business failure, offering strategies to mitigate risk. Additionally, it covers the fundamentals of business planning, effective management practices, and the integration of financial planning, including understanding financial statements and using financial ratios for analysis and strategic decision-making.