Expert Answers to Biz Questions
Listen in! Pick up some expert advice to a reader's question that we selected from CyberSchmooz.
Practical Business Skills You Gain by Doing Online Courses
As a business owner, something you should consider investing in is online business training. Whether for you or your employees, business courses allow students to develop and sharpen their skills. Graduates are more productive and better able to contribute to profitability and business development.
The opportunity to study online makes studying business ultra-convenient. You also have more courses to choose from by studying online, allowing you to cultivate the skills that your business is in most need of.
In this article, we look at practical subjects you can do in an online business course. With topics such as digital marketing, accounting, and team leadership, you are sure to find some great opportunities to develop organization-relevant skills.
1. Digital Marketing
The future of marketing is digital and, now, more than ever, business owners need to leverage this for their own good. A marketing course that encompasses the latest trends in the field allows you to boost profitability by better promoting your products or services. With such courses, you can easily understand and take advantage of topics such as social media marketing, SEO, digital advertising and web content creation.
2. Leadership and Business Management
As a business owner, you constantly have to deal with and manage your employees, whether your staff is big or small. A leadership management course can help you learn new ways of managing your staff and encouraging constructive dialogue within the team. You can also sign up your team managers for online training to improve their leadership skills.
3. Legal Compliance
Whether you own a big company or yours is just a small startup, legal compliance training could be a must for you and your staff. Some companies ignore this and end up in trouble, or even lose their business.
Compliance training covers topics such as taxation, certifications, licensure and sexual conduct among other legal issues. Online training in business law can help you curb illegalities and run a business that does not violate the law. Even if you end up using a lawyer for compliance, you can still benefit from a course that explains the key priorities and considerations.
4. Entrepreneurship and Business Development
Some business owners start and run successful businesses without stepping into a classroom. Many, however, need the technical knowhow to push their business to its optimum potential. Entrepreneurship requires you to wear many hats, meaning you also need to learn different skills quickly.
An online entrepreneurial course can make all the difference – by equipping you with skills such as business strategy, marketing, management, innovation and even corporate governance. Joining such a course can also widen your connections and expose you to other leaders in the market from whom you can learn.
5. Financial Management
Finance is one of the largest sectors in the economy. Finance is relevant to every business, meaning you could benefit from a finance course or a financial management module.
Online courses in finance or commerce are becoming popular since people value finance professionals, such as accountants and auditors. Employees can also benefit from money-related courses, especially those working in areas such as record keeping, financial reporting and inventory management.
6. Project Management
Another useful and practical course you can study online is project management. There is an art to it, but most people do not consider going to school to learn the ropes.
Project management is useful for any business owner who tends to work on discrete projects in any field. You will learn the basics of a project cycle as well as the principles and techniques involved in successfully managing a project with deadlines and finite resources.
7. Microsoft Excel
The reality is that, while some business owners and their staff use Microsoft Excel and its packages on a day-to-day basis, not many know all the tools that come with it. Plenty of other office workers do not really know how Excel works, or how to complete simple tasks.
Online training on how to leverage the benefits of Microsoft Excel for your business can make a great difference in terms of improving efficiency and productivity. The many uses of Excel in business include business analysis, human resources management, office administration and account management.
Just like financial management, accounting courses are becoming more and more useful as an asset for business owners and their employees alike. Many business owners settle for doing units in accounting for managers, which avoid getting into too much technical detail.
With accounting skills, a graduate can potentially become a member of a professional accounting body and push their career to another level. You may also eliminate the need for hiring an external accountant to manage the books.
9. Soft Skills
Businesses can rise or fall depending on the level of soft skills in areas such as communication and conflict resolution. Some employers do not have sufficient soft skills to properly manage disputes in the workplace for example. A short soft-skills training course for you and your employees could help everyone engage better at work and cooperate to be more productive.
Copyright 1995-2021, Idea Cafe Inc. Downloads are for personal use only, not for resale to others, and may not be reprinted in any form without written permission from Idea Cafe Inc.
DISCLAIMER: We hope whatever you find on this site is helpful, but be cautioned that it may not apply to your own situation, or be totally current at any given time. Idea Cafe Inc. and all of its current and past experts, sponsors, advertisers, agents, contractors and advisors disclaim all warranties with regard to anything found anywhere on this family of websites, quoted from, or sent from Idea Cafe. and its related sites, publications and companies. We also take no responsibility for comments published by others on these pages. TRADEMARKS: The following are Registered Trademarks or Servicemarks of DevStart, Inc.: Idea Cafe®, Online Coffee Break®, The Small Business Gathering Place®, Take out Info®, Biz Bar & Grill®, Complaint-O-Meter®, A Fun Approach to Serious Business, CyberSchmooz, and BizCafe.
DISCLAIMER: We hope whatever you find on this site is helpful, but be cautioned that it may not apply to your own situation, or be totally current at any given time. Idea Cafe Inc. and all of its current and past experts, sponsors, advertisers, agents, contractors and advisors disclaim all warranties with regard to anything found anywhere on this family of websites, quoted from, or sent from Idea Cafe. and its related sites, publications and companies. We also take no responsibility for comments published by others on these pages.
TRADEMARKS: The following are Registered Trademarks or Servicemarks of DevStart, Inc.: Idea Cafe®, Online Coffee Break®, The Small Business Gathering Place®, Take out Info®, Biz Bar & Grill®, Complaint-O-Meter®, A Fun Approach to Serious Business, CyberSchmooz, and BizCafe.