This section provides an overview of the financial environment in which your business operates by exploring some essential financial instruments such as investment options, insuring practices and the true cost of credit. The relationship between your business and the national and world economy in which it operates is also explored and an overview of the basic tax system in operation is provided.Â
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This topic of the financial management course explores the effects of the national economy on the market and on businesses activity and profitability. You will also learn and how to make business adjustments according to fluctuations, and such be able to improve business performance in tough national economic times. The topic will also provide you with a better understanding of the importance of financial instruments in the financial environment. -
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How to better understand Financial Management and how the effect of the world economy has on your business. -
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This topic of the financial management course gives an overview of simple interest vs compound interest as well as present value. It includes how to calculate and assess their effects on your personal decisions and your business. -
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This topic of the financial management course explores some of the important concepts, legal requirements and processes of the basic tax system as per South African legislation -
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This topic of the financial management course gives insight into how to effectively manage financial instruments and tools. This will help you to better handle the financial challenges and pressures that face an entrepreneur.