Why Research is Important? | BABO Learning Center | Training for

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Starting a Small Business in Your Community

Introduction to Course

What You Can Expect in the Course (1:28)
So You Want to Start a Business (7:25)
Resource - Workbook for the Class

Why a Local Small Businesses?

Why a Local Small Business? (5:34)
Who Becomes Local Small Business Owners & Why? (1:55)
13 Questions to Ask Yourself - Is a Local Small Business Right for You

How to Choose the Right Local Small Business for You

The Pros & Cons of Opening a Local Small Business (5:46)
What Local Small Business Is Right for You? (6:11)
Resource - 100+ Local Small Business Ideas

RESEARCH - The Key to Success Out the Gate!

Why Research is Important? (3:05)
Study Your Competitors & What They Do Right (7:06)
Products, Services, & Pricing (6:27)
How Are They Marketing? (4:58)
Their Reputation in the Community (3:05)
Don't Skip this Part! (2:15)
Resource - Research Workbook

The Legal Stuff

Legal Entities – Sole Proprietor vs LLC (12:00)
Business Licenses / Certificates, & Taxes (3:49)
Other Items to Investigate (3:57)
Resource - Key Websites for Starting a Business

Business Plan vs Success Blueprint

Business Plan vs Success Blueprint (3:21)
What is a Business Plan? (4:18)
What is a Success Blueprint? (4:25)
Which is Your Best Option? (1:31)
How to Use your Success Blueprint the 1st Year (3:49)
Using the Success Blueprint Template (0:59)
Resource - Success Blueprint Templates
Online Business Plan Tool

Finances

Introduction to Finances (1:37)
Funding Your New Business (10:36)
Sales Do Not Equal Profit (2:45)
Bookkeeping / Invoice System (3:12)
Keywords & Knowledge (19:02)
Resources for Bookkeeping Programs

Your Marketing Plan

Branding Your Business (7:41)
Don’t Forget Your Website (7:58)
Letting Them Know You Are Open for Business (3:11)
The Power of Facebook (4:53)
Your Plan for the Next 90 days, 6 months & 1st Year (3:17)
Resource - Website & Web Links

Employees - From Hiring Thru Onboarding

HR (Human Resources) aka YOUR PEOPLE (1:24)
Full Time / Part Time / Independent Contractors (5:47)
Setting Up Payroll (4:27)
Have a Hiring Plan (8:47)
Have an Orientation Plan (3:16)
Have a Safety Plan (2:36)
Have a Training Plan (6:15)
Have a Development Plan (2:21)
HR Resources

Let's Talk Sales!

Starting off on the Right Foot (1:41)
Know Your Numbers (16:26)
Creating a Sales Log / Tracking System (6:05)
Resources for Tracking Sales & Costs
Some YouTube Training Videos (14:43)

Case Study: Bobby & Sam Start a Local Small Business

Bobby & Sam Build a Business Journey (0:40)
Bobby's Journey (2:42)
Sam's Journey (2:54)
Your Journey (1:49)

Let's Recap

The Summary of What We've Discussed (7:14)

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Why Research is Important?

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