Markets

Prices 22 hours ago

All markets

Curriculum

Academy › Courses › Modules › Lessons. Every lesson in an open course has an explanation, a worked example, an exercise on your own business, a knowledge check and a checkpoint.

Open

Business Foundation

7 modules · 15 lessons · about 15 hours

  1. 1Idea and conceptWhat the business sells, to whom, and why they would pay for it.
    • Define the offer in one sentence56 min

      Turn a general idea into a specific offer, and size the market from the bottom up.

    • The alternatives, and a first price56 min

      Map what customers do today and set a first price you can test against your cost.

  2. 2Market validationEvidence the demand exists before money is committed to it.
    • Talk to customers before you build1 h 48 min

      Run conversations that produce evidence rather than encouragement.

    • Refine the estimate with real evidence45 min

      Replace the guessed share in your market estimate with what customers actually did.

  3. 3Startup budgetEvery cost to open, what it costs to run each month, and how the opening is funded.
    • List every cost to open1 h 17 min

      Build a startup budget line by line, from real quotes, with a contingency.

    • Your monthly fixed costs55 min

      Everything the business owes each month whether or not it sells anything.

    • Fund the opening and the first months56 min

      Work out how much money you need in total — not only to open, but to survive the start.

  4. 4Pricing and unit economicsWhat each sale contributes once every per-sale cost is counted.
    • Margin, markup and the price you setFree preview46 min

      Understand the two percentages that describe a price, and stop confusing them.

    • What each sale actually leaves you46 min

      Subtract the per-sale costs people forget, and find the contribution that pays for everything else.

  5. 5Cash and break-evenHow much must be sold, and how long the money lasts.
    • Break-even: the number on the wall46 min

      Turn fixed costs and contribution into the sales you need each month and each day.

    • Twelve months of cash1 h 3 min

      See how cash moves month by month, and find the lowest point before it happens.

  6. 6Lebanon setupRegistration, tax position and the permits your activity triggers.
    • Legal form and registration1 h 18 min

      Understand the registration path, prepare the documents, and budget from real professional quotes.

    • Your VAT position46 min

      Where you stand against Lebanon’s VAT thresholds, and what registering would mean.

  7. 7Launch planThe sequence, the dates and who is responsible for each step.
    • Sequence the launch1 h 1 min

      Put the steps in order, overlap what can run in parallel, and test the date.

    • The first ninety days56 min

      Set weekly targets from break-even, and know how long you can last if sales are slow.

Open

Online Business

7 modules · 14 lessons · about 13 hours

  1. 1Offer and positioningWhat you sell, to whom, and why they buy it from you rather than a marketplace.
    • A niche you can actually reach57 min

      Online, anyone can find you in theory. Choose a niche that realistically will.

    • Your own channel or a marketplace?57 min

      Compare what an order leaves you when you sell direct and when a platform takes a commission.

  2. 2Channel and platformWhat being online costs every month, and how your channels turn attention into orders.
    • The monthly cost of being online51 min

      Add up the subscriptions, apps and services an online business pays every month.

    • Selling through social media and messaging1 h 2 min

      Measure how people move from seeing a post to placing an order, and fix the weakest step.

  3. 3Unit economicsPrice against product cost, delivery and payment fees, one order at a time.
    • One order, followed to the end58 min

      Trace a single order through product cost, delivery and fees to what actually stays with you.

    • How many orders to break even46 min

      Turn your fixed costs and contribution per order into a monthly and daily order target.

  4. 4Payments and collectionHow customers pay, and when the money actually reaches you.
    • How customers pay, and when you receive the money52 min

      Cash on delivery, card and transfer each reach you on a different timetable.

    • Cash flow when customers pay later46 min

      See how payment delays move your lowest cash point.

  5. 5Fulfilment and returnsCouriers, delivery policy, refused parcels and the cost of a return.
    • What your delivery policy really costs51 min

      Free or subsidised delivery is a monthly cost. Size it before you promise it.

    • Returns and refused deliveries51 min

      Spread the cost of orders that come back across every order, and plan with the result.

  6. 6Acquisition and retentionThe most you can pay to win a customer, and why the second order matters more.
    • What a customer can cost52 min

      Compare what you spend to win a customer with what they contribute.

    • Bringing customers back57 min

      Repeat orders cost far less to win. Build them into the plan — with consent.

  7. 7Policies, invoices and launchCustomer-facing policies, invoices and VAT, and the plan to launch.
    • Terms, privacy and refunds1 h 10 min

      The three documents an online business shows its customers, and what each must cover.

    • Invoices, VAT and your launch plan1 h 10 min

      What an invoice must show, where your sales sit against the VAT thresholds, and the plan to launch.

In development

Coffee Shop / F&B

7 modules · 16 lessons

  1. 1Concept and locationFootfall, neighbourhood and what the street will pay.
    • A concept that fits the street

      Match the offer, the price level and the hours to the people who actually pass.

    • Counting footfall

      Count passers-by at the times you would trade, and estimate how many would come in.

    • Before you sign the lease

      Zoning, use, occupancy and the questions to ask the landlord and the municipality first.

  2. 2Capacity and seat turnSeats, hours and how many times a table turns.
    • Seats, hours and the ceiling on sales

      The most customers your space can serve in a day, and why that is a hard limit.

    • How often a table turns

      Estimating turns at breakfast, lunch and evening, and what takeaway adds.

  3. 3Menu engineeringFood cost per item, and the mix that sets your average ticket.
    • Costing a recipe

      Every ingredient and consumable, per portion, including the cup and the napkin.

    • Food cost as a share of price

      The number a kitchen is run on, and how to set prices from it.

    • The mix and the average ticket

      Why the average customer spends near your cheapest popular item.

  4. 4Suppliers and stockBeans, dairy and consumables: terms, minimums and waste.
    • Choosing suppliers

      Comparing on quality, reliability, terms and minimum orders — not only price.

    • Waste and shelf life

      Ordering for perishables, and pricing the waste you cannot avoid.

  5. 5Staffing and the rotaOpening hours against the hours you can afford to staff.
    • From opening hours to staff hours

      How many people you need at each hour, and what that costs a month.

    • Employer steps before hiring

      NSSF and payroll steps to confirm directly with the authority before your first hire.

  6. 6Permits and approvalsMinistry of Tourism, the municipality and the order they come in.
    • Ministry of Tourism licensing

      Classification, first-stage approval and the investment licence, and what each needs.

    • Municipal approval

      Occupancy, signage, outdoor seating, waste and hours — confirmed with your municipality.

  7. 7Opening controlsCash handling, stock counts and the daily numbers.
    • The daily numbers

      Covers, average ticket, sales against target — checked every day from week one.

    • Cash and stock controls

      Till reconciliation, stock counts and the controls that stop leakage.

In development

Trading & Importing

7 modules · 14 lessons

  1. 1Product and classificationThe HS code decides the duty and the regulator.
    • Finding the HS code

      Classifying a product, and why a wrong code costs money at the border.

    • Controlled goods and prior licences

      Which products need a prior licence, and how to confirm it before ordering.

  2. 2Supplier sourcingComparing suppliers on landed cost, minimum order and reliability.
    • Comparing suppliers properly

      Landed cost, not unit price. Minimum order quantities and payment terms.

    • Samples, checks and trust

      Reducing the risk of a first order with a supplier you have not met.

  3. 3Landed costEvery cost between the factory gate and your shelf.
    • Building a landed cost

      Freight, insurance, clearance, duty and inland delivery, spread across the units.

    • Import VAT: cost or not?

      Why reclaimable VAT stays out of your unit cost, and when it does not.

  4. 4Pricing by channelWholesale, retail and online margins from the same landed cost.
    • Wholesale and retail prices

      Leaving room for the retailer’s margin as well as your own.

    • Margin by product

      Which products carry the business, and which only look busy.

  5. 5Inventory fundingHow much cash a shipment ties up, and for how long.
    • Cash tied up in stock

      Paying before shipping, selling after landing — and financing the gap.

    • How fast stock turns

      Why slow-moving stock is more expensive than it looks.

  6. 6The import processDocuments, clearance and the order they come in.
    • Documents and clearance

      The paperwork a shipment needs, confirmed with Customs for your product.

    • Importers and VAT registration

      Why a qualifying importer may have to register regardless of turnover.

  7. 7Reorder and stock controlWhen to order so you never run out mid-lead-time.
    • The reorder point

      Lead time, daily sales and safety stock.

    • Counting and reconciling stock

      Regular counts, and what a difference between the count and the books means.

In development

Events Business

7 modules · 14 lessons

  1. 1Concept and formatWho it is for, what they pay for, and what brings them back.
    • Audience and format

      Matching the format, the price and the date to the people you can sell to.

    • One-off or series

      Why a repeat event is usually easier to make profitable.

  2. 2Venue and capacityThe size of the room against the audience you can realistically sell to.
    • Sizing the room

      Required occupancy, and why a smaller full room beats a larger empty one.

    • Venue contracts

      Deposits, cancellation terms and who carries the risk.

  3. 3Ticket pricing and forecastPrice tiers, early-bird sales and the occupancy you need.
    • Ticket break-even

      Fixed costs, per-head costs, ticketing fees and the tickets you must sell.

    • Tiers and early-bird pricing

      Using early sales to test demand before the big costs are committed.

  4. 4SponsorshipSizing the gap before you pitch.
    • The sponsorship gap

      The amount a full room still leaves uncovered — the number to ask for.

    • What sponsors get

      Building a package worth what you are asking.

  5. 5Suppliers and contractsSound, light, catering and security.
    • The supplier schedule

      Who delivers what, when, and what happens if they do not.

    • Deposits and cancellation

      Your exposure if the event is postponed or cancelled.

  6. 6Permits and safetyVenue, municipality and the licences your activity triggers.
    • Event permits

      What to confirm with the municipality and the venue for each event.

    • Temporary events and entertainment tax

      The Ministry of Finance forms for temporary parties and entertainment tax, and when they apply.

  7. 7ReconciliationWhat the event actually made, against the plan.
    • After the event

      Actual income and costs, the variance to plan, and profit per attendee.

    • Lessons for next time

      Turning one event’s numbers into a better plan for the next.