Who is this course for?
Who is this course for? |
- Small business owners looking to improve their accounting skills and financial management. |
- Entrepreneurs who want to understand the basics of accounting to make informed business decisions. |
- Start-ups seeking to establish a solid financial foundation for their business. |
- Individuals interested in pursuing a career in accounting or finance. |
According to the Federation of Small Businesses (FSB), there were 5.9 million small businesses in the UK in 2020, accounting for 99.9% of all businesses in the country. These small businesses employ 16.8 million people, making up 61.8% of all private sector employment in the UK.
However, a study by the Department for Business, Energy & Industrial Strategy found that 20% of small businesses fail within their first year, and 60% fail within their first three years. One of the main reasons for this high failure rate is poor financial management.
By taking this online training course, small business owners and entrepreneurs can equip themselves with the necessary accounting skills to effectively manage their finances and increase their chances of long-term success.