- The training that we provide is a simulation based business skills development tool masquerading as a game that simulates real market conditions and business scenarios in the training room.
- We are using a Business training course called “BEST” which stands for “Business Expenses Savings Training” which was developed by the South African Institute of Entrepreneurship (SAIE).
- The BEST GAME is instructor led, interactive and experientially based. It simulates real market conditions and business scenarios in the training room.
- The training environment occurs in small groups and makes use of real life role playing, which runs throughout the training programme. This allows the trainer to spend time with the small groups for one-on-one explanations and the “game” environment allows for a fun and friendly competitiveness as well as a great sense of team work as the groups compete against one another and buy and sell to and from each other.
- The cost is R150 ($10) per person and the training is conducted in the form of 4 modules (6-8 hours each) spanning 3-4 weeks:
Module 1: The basic business cycle, managing cash flow & basic record keeping
Module 2: Understanding supply and demand, how to price products and sales techniques
Module 3: Marketing, business planning, negotiation and how to build strong relationships
Module 4: Production, expansion, diversification & specialisation.
Practical: Between modules 2 and 3, trainees receive a small loan and spend the next two to three weeks starting and running a real business on a R80 ($5) loan. The Practical time gives the trainees the opportunity to gain real-time, hands-on experience in planning and the daily running of every facet of a small business.
The practical is a mandatory part of the training and certification for completion of the training will not be recognized if this component is not completed.
The aim of the practical is to unlock and teach two critical entrepreneurial principles. The first is to ask “What do I currently have in my hands or at my disposal?” Resources, money in my pocket, existing skills, etc. The second is to demonstrate that wise money management and reinvesting profits is how a business grows.