Intro to Business Ownership

Small Business Management and Entrepreneurship, you’ll be prepared to launch new enterprises, assume responsibility for existing businesses, or work as a manager in others’ organizations. This course will teach you the common pitfalls of new business owners and how to avoid them. With a title such as business owner, franchisee, or store manager, your responsibilities could include:

  • Creating and implementing new business plans
  • Managing staff, payroll, including taxes and benefits
  • Different types of business entities – (sole proprietorship, partnership or corporate entity)
  • Securing financial resources for initial funding or expansion activities
  • Identifying and exploring new opportunities
  • The dynamics of selling
  • Exploring the causes of small business failure
  • How to design and implement a marketing strategy
  • How to incorporate a web-based strategy into the company’s business plan.
  • The legal issues involved with entity selection, contracts, and other relevant topics.


* Over 627,000 new businesses open each year, according to SBA estimates. At the same time, about 595,000 businesses close each year. Owning your own business can be very profitable but very demanding at the same time. YOU, are the only employee and all responsibilities are on you. In this course you will learn the common pitfalls of new business owners and how to avoid them.