Strategic Planning For Small Business Owners Training Series

Mastering Business Fundamentals…with a SOUL-full Twist

What you'll learn

Investigate and evaluate different forms of business legal entity structures so you can make a well-informed decision on your business's legal form.

Identify your company’s “musts” and “must nots” that will establish its core values and guide your day-to-day and long-range decision making.

Learn how to write a vision and mission statement that clearly articulates the purpose of your company.

Begin with the end in mind by thinking through: (i) your exit strategy and (ii) need for raising capital.

Understand what the critical financial metrics are for managing your business finance and how to set up systems for measuring and monitoring your performance.

Identify and document your company’s Strengths, Weaknesses, Opportunities and Threats (“SWOT Analysis”).

Requirements

There is no prerequisite required for this course other than a deep heart-felt commitment to your own learning and business success.

Description

Supercharge your small business with our comprehensive training series designed to propel aspiring business owners towards success. This dynamic course consists of two power-packed units specifically crafted to give start-up entrepreneurs confidence and knowledge needed to build their business with the added plus of SOUL-full encouragement.In the first unit, we delve into the critical foundations of business formation and finance. You will investigate and evaluate different forms of business entities for your entrepreneurial venture. You will learn how to make a well-informed decision on your business's legal form by considering and evaluating: (i) your exit strategy and (ii) options for raising capital to support your business growth and financial needs. You will also learn business finance principles, equipping you with the knowledge you need to make sound financial decisions and lead your company. You will gain a comprehensive understanding of the key financial aspects of business finance including the following: cash conversion cycles, profit margins, pricing strategies, cost structures, direct and indirect costs, sales and marketing costs, profit analysis for products and/or services using a bottoms-up approach, and performing a breakeven analysis. Learn what successful entrepreneurs do to drive business profitability.Once you've mastered the realm of business formation and finance, we seamlessly transition into the second unit, where we unlock the secrets of strategic planning. Learn the fundamental techniques and strategies used by industry leaders to create a roadmap for success. Develop a robust and actionable strategic plan that will guide your business towards profitability, growth, and sustainability.Join us on this exhilarating journey and unleash the true potential of your small business.

Overview

Section 1: Unit 1: Business Formation and Finance

Lecture 1 Course Welcome and Unit Outline

Lecture 2 Legal Entity Structure

Lecture 3 Exit Strategy and Economic Value

Lecture 4 Selling Your Business

Lecture 5 Raising Capital

Lecture 6 Profitability vs Liquidity

Lecture 7 Profit Margins

Section 2: Unit 2: Strategic Planning

Lecture 8 Unit 2 Outline

Lecture 9 Business, Vision, and Mission

Lecture 10 Business Core Values

Lecture 11 Standard of Generous Leadership

Lecture 12 SWOT Analysis

This course is designed for aspiring entrepreneurs who are eager to build their businesses into profitable ventures while also seeking to create wealth with eternal benefits.