Go BackHome Business: Choosing a Business

Synopsis
Home Business: Choosing a Business provides an overview of the options in creating a new business from home, buying a franchise, buying an existing business, or joining a partnership.

Audience
This course is for anyone who is interested in learning more about starting and managing a home-based business.

Time
4 hours

Product Code: HBBC01
After completing Home Business: Choosing a Business, the user should be able to:

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

Weighing the Options
You're already paying the rent
Short commute
Combining work with...whatever
The price you pay for working from home

Choosing the Right Business
What's your entrepreneurial IQ?
Starting with what you know
Everybody's a consultant

Creating a Business Concept
Fine-tuning your idea
Putting your idea in writing

Franchises
What is a franchise?
What a franchise can offer
Finding a franchise just for you
Franchisees have rights, too

Buying Someone Else's Business
Getting a head start
Locating an available business
Closing the deal

Joining Other Existing Businesses
Buying a "business opportunity"
Network marketing

Solo Ventures versus Partnerships
Flying solo
Teaming up

Forms of Corporations
Me, Inc.
Casting your vote for S status
Limiting your liability with an LLC
Getting your business ID number

This course has the following features:

Exercises that allow users to explore how a course topic applies to their own real-world situations
A file containing the text of the exercises
A course index
A glossary
A Skill Assessment


 

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