0107 Starting a Business
Part of the Entrepreneurship Section of the CEA Curriculum
Starting a business is no little undertaking. There are myriads of details to attend to. Miss one critical one and the ship could be sunk. This course starts at a 10,000 foot overview of the process, and methodically works its way to the details.
Along the way, advisors will be able to help their clients understand the scope of the process, have a good realistic view of the process, and be prepared for things that could go awry. The trick in starting a business is to minimize risk. Procedural checklists can help, along with an execution plan. These tools are quite a bit different from a business plan in that they have far more granule detail. This course covers the plan, execute, evaluate model, the operational plan, the launch plan, and the compliance checklist.
You’ll learn how to approach figuring future capital needs, project development costs, pre-opening costs, and estimate ramp-up costs. Finally, the course shows advisors how to help their clients with contingency plans and effective approaches to implementing the operational plan. It’s all about transforming a business plan into a growing, successful business while at the same time minimizing bumps along the way.
After completing this course, the student will be able to:
- Describe the principal concerns an entrepreneur must deal with in starting a business
- Explain the techniques to reduce risk in a start-up environment
- Create a start-up contingency plan
|10,000 Foot Overview||00:06:00|
|Looking at the Procedural Steps in Starting a Business||00:04:00|
|Where Planning Begins||00:06:00|
|The Launch Plan||00:16:00|
|The Marketing Plan||00:11:00|
|A Million Little Things & Wrap Up||00:08:00|
|Preliminary Quiz – Starting a Business||00:10:00|
|Starting a Business – Final Exam||00:12:00|
|Course Evaluation – Starting a Business||00:00:00|
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