Home Business Course

Total Items: 4 Total Time: 20.00 hour(s)  

Summary:

This training offers guidance on starting and managing a home-based business.

It provides an overview of the options available in creating a home-based business and how to evaluate these options.

Topics related to financing are examined, including writing a business plan and preparing financial statements, evaluating financing options, planning for personal expenses, and preparing for the loan application process.

Office management considerations are covered, including equipment and insurance, hiring others, keeping the books and other tax considerations, and maintaining a professional image.      

Learning segment 1: Choosing a Business

Summary:

This learning segment provides an overview of the options in creating a new business from home, buying a franchise, buying an existing business, or joining a partnership.  

Objectives:

• Select a potential business to start from home
• Create a business concept
• Decide upon a franchise opportunity
• Evaluate opportunities to buy or join existing businesses
• Choose whether to create a business alone or as a partnership
• Decide whether to incorporate a home business  

Topics:

• Weighing the Options
• Choosing the Right Business
• Creating a Business Concept
• FranchisesBuying Someone Else's Business
• Joining Other Existing Businesses
• Solo Ventures versus Partnerships
• Forms of Corporations 

Learning segment 2: Raising Financing

Summary:

This learning segment explains how to create a business plan and raise the money to support the plan.  

Objectives:

• Write a business plan
• Prepare financial statements as supporting documentation
• Plan for personal expenses while starting a business
• Evaluate financing options
• Decide whether to use personal resources for financing
• Prepare for the loan application process  

Topics:

• Creating a Business PlanSupporting Your Financial PlanMaking Ends Meet
• Raising Money
• Using Personal Resources for Funds
• Borrowing Funds

Learning segment 3: Office Management

Summary:

This learning segment explains how to set up and manage an office at home.  

Objectives:

• Create an office in the home
• Set up phone lines and office equipment
• Manage advertising and marketing
• Create invoices for payments
• Hire assistants
• Set up proper insurance  

Topics:

• Zoning and Creating an Office
• Phone Lines and Options
• Choosing Office Equipment
• Marketing Your Business
• Advertising on a Shoestring
• Invoicing and Payments
• Hiring Assistants
• Being an Employer
• Insurance 
•  

Learning segment 4: Managing Your Business

Summary:

This learning segment explains how to run a home business, including such topics as keeping books and dealing with taxes.  

Objectives:

• Keep a home business's books
• Pay the right taxes on a home business
• Use tax write-offs and deductions
• Separate personal responsibilities from business activities
• Create a professional image  

Topics:

• Keeping Books
• Paying TaxesTax Write-OffsTax Deductions
• Taking Time Away from Work
• Presenting a Professional Image
• Keeping In Touch with the Outside World

Features:

• Exercises allow learners to practice in the actual application being studied.
• A Course Topics list contains active hyperlinks, permitting quick access to specific topics.
• Find-A-Word allows learners to look up an unfamiliar term in the Glossary, on the Web, or in a dictionary. In addition, it lets them find other occurrences of the term in the same course.
• Search text enables learners to rapidly search all text within a course to easily retrieve information required.
• Courses challenge the learner with a variety of question formats, including multi-step simulations, true/false, multiple choice, and fill-in-the-blank.
• A skill assessment generates a customized learning path based on the results of a pre-test.
• A glossary provides a reference for definitions of unfamiliar terms
• Bookmarking tracks the learner's progress in a course.  

Technical Requirements:

P500+ Processor, 128MB of RAM; Windows 2000, 2003, XP, Minimum screen resolution 800x600, Internet Explorer 5.5 or higher; Windows Media Player 9.0 or higher; Flash 8.0 or higher; 56K minimum connection; broadband (256 kpbs or higher) connection recommended; Cookies enabled; Sound card with speakers or headphones strongly recommended.