Entrepreneurship & Digital Business · Intermediate level

Intermediate level · Module 5 of 6 · 13 guided hours

Formalisation, Funding and Teams

Prepare to register, raise funds and hire the first employees.

Learning objectives

  • Understand the steps and benefits of formalising
  • Compare funding options
  • Plan first hires and delegation

Topics

  • registration and licences
  • formal vs informal
  • savings groups and loans
  • grants and investors
  • first employees
  • delegation

Lessons

  1. Lesson 1 Registering and Formalising

    Understand what formalising involves and why it can help.

    business registrationlicences and permitstax obligationsbenefits of formality

  2. Lesson 2 Funding Options

    Choose funding that fits the business and its risks.

    savings and savings groupsloans and interestgrantsinvestors

  3. Lesson 3 Hiring and Delegating

    Bring in help and lead a small team.

    job descriptionsfair pay and agreementstrainingdelegation

Practical activity

Research local registration steps, compare funding options and write a job description for a first hire.

Expected outcomes

  • Readiness to formalise and grow
  • Responsible funding and hiring decisions

Assessment

Research notes, funding comparison and job description reviewed.

Taught live by an instructor — online or in person. Free course lessons are for self-study and do not lead to a certificate — see registration options.