Education

Practical Business Skills, a platform that assist small business owners, expands its currents offering

Established by Visa Inc, Practical Business Skills, a global digital platform that provides free educational resources to assist small and micro business (SMBs) owners expands its currents offering.

Aldo Laubscher, Visa Country Manager explains that the expansion of the free business resource is to assist SMBs

Read also: Which Tech Companies Are Employee Owned and Why?

“SMBs are the backbone of our economy. It is crucial to empower SMB-owners with knowledge, skills, and access to services that support them in rebuilding -or starting- stronger, digitally enabled businesses. Practical Business Skills is part of Visa’s commitment to providing resources and knowledge to help drive inclusive, sustainable and equitable economic growth for entrepreneurs, businesses and communities here in South Africa and around the world.”


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Practical Business Skills

The free platform provides educational tools to assist small and micro businesses to become digitally enabled and grow.  

Read also: Pula, An African InsurTech Platform Secures $6million Series A Funding

As a one-stop entrepreneur education website, Practical Business Skills was established during the height of the global pandemic as a much-needed resource to help SMB’s survive. 

Offering more than 50 online learning modules, the platform covers various topics such as; 

  • Starting a business, a module that provided tools for budding entrepreneurs to analyse and evaluate the steps involved in opening a business. This includes financing, operating, and marketing a company. 
  • Managing a business. This module covers day-to-day business management including templates for financial and cash flow analysis along with resources to boost sales. 
  • Building and growing a business. This module provided practical tactics for business owners to use to increase a business’s profitability. 

Read also: African Tech Startups Funding Was Close To A $billion In 2020

The platform offers downloadable resources in the form of both video lessons and courses. Additional tools included the customisation of the resources including calculators to manage cash flows or loan-risk determination. 

Read original article here

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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