Knowing the inner workings of a construction project will not be enough in helping the business become successful. To truly ensure success, you must also know how to effectively manage the finances of the business. Remember that the ultimate goal of operating a business is to earn a profit; thus if the business does not know how to manage its finances, all efforts exerted to have successful projects will be meaningless.
The objective of this module is to help you gain the knowledge and skills required to competently manage the finances of a business engaged in the building and construction industry. In this module, you will learn how to:
- Identify the requirements of the business
- Manage the ongoings and outgoings of the business
- Process taxes, insurance, and other payments
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