It is not uncommon for Business Owners to be so consumed with the day-to-day responsibilities of operating the Business, including having proper insurance for tangible assets like Equipment and Buildings, that insuring two of their most important assets get neglected—Managerial Experience and Skill. According to Cornell University, 40% of Small Businesses passes to the second generation and 13% passes to the third generation. Finally, only 4% passes to the fourth generation. This is like the Brazilian saying, “Rich Father, Noble Son, Poor Grandson”. In Mind Your Business we talk about solutions that enable your Business to outlive you and one of the solutions is having adequate Operating Capital for the next Generation if you so desire…not everyone does.
Past topics have included:
Sales & Marketing
Human Resources
Finance & Administration
Nonprofit Are you thinking about becoming your own boss? Our Starting a Business Course covers all areas that are involved in starting your own business. This class will cover important tools and resources a business owner needs to establish a solid foundation during its early formative years. Often, new business owners ''don't know what they don't know''. This class will equip you to be able to ask all the right questions as you are planning and forming your brand new business.
Course Outline
Getting Started
Is your Business Idea Feasible?
Financing Your Business
Building Your Team
Operating Your Business Legally
Putting it all Together
Learner Outcomes
Detailed understanding of how to determine the feasibility of your business idea or framework using market research and competitive analysis
Basic knowledge of how to estimate start-up expenses for your business and overview of options for start-up financing, and requirements to pursue financing options
Ability to differentiate between different legal structure options for business formation
Overview of important individuals to include on your team when making plans and executing business formation
Business @ Breakfast - Mind Your Business by Building a Financial House
Webinar - Starting a Business