Course Content

 Lesson 1: Starting Your Business

  • Entrepreneurship - Is It For Me?
  • Do You Have the Right Skills/Personality to Become an Entrepreneur?
  • Analyzing the Feasibility of Your Business Idea
  • Initial Cash Requirement for the New Business
  • Calculating the Break-Even Point

Lesson 2: What Form of Organization to Use

  • Your Business Structure
  • Four Types of Business Organizations
  • Quick Reference Guide to Legal Business Formations

Lesson 3: Writing a Business Plan

  • What Is a Business Plan
  • Why Is A Business Plan Essential
  • Structure of a Business Plan

Lesson 4: Developing a Marketing Plan

  • The Marketing Process
  • The Marketing Concept
  • The Marketing Plan
  • Sample Market Analysis

Lesson 5: Financial Plan Statements

  • The Financial Statements
  • Financial Statement Definitions
  • Common Financial Term Definitions

Lesson 6: How and Where to Get Capital To Start

  • Obtaining the Financing You Need
  • The Realities of Grants
  • How to Obtain Your Free Credit Report
  • Sources of Financing
  • What Information Does the Lender Need to Know

Lesson 7: Professionals For Your Team

  • Outside People Resources
  • Internal People Resources
  • The Accountant, Attorney, Banker, Insurance Agent, and SBDC

Lesson 8: Government Regulations

  • Coping With Regulations and Paperwork
  • Permits and Licenses
  • Chautauqua County Certificate of Business Name
  • NYS Sales Tax Authority
  • Federal Employer Identification Number (EIN)
  • Employer Responsibilities

Lesson 9: Essentials of Good Record Keeping

  • Record Keeping
  • Determine Your Record Keeping Needs
  • Sales Tax Returns
  • Self-Employment Tax

Lesson 10: SBDC Services

  • Helping Your Business Grow
  • Small Business Websites