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Class Syllabus: Home Business

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Course Meeting Times: Self-Paced / Online
 

Course Description

Home Business
Owning a home business can be one of the most rewarding career moves you will ever make. Not only do you get the freedom of answering only to yourself, but our increasingly Internet-savvy society makes reaching out to worldwide consumers easier than ever. Whether you are tired of a nine-to-five work schedule or you are bursting with ideas for ways to make money, there are countless reasons to consider working from home and being your own boss.

 

However, small businesses are not always successful. Oftentimes, a lack of poor financial planning is at fault. Sometimes it's not having the right permits or licenses. Other times, it's simply that you don't know how to manage your time or where to look for help. These should never be a reason for failure.

This course is designed to provide you with everything you need to know to start on your path toward home business success. From determining whether or not you're suited to become a business owner to providing information on the tax implications of hiring employees, the Home Business E-Course is a comprehensive source of tips, tools, and tricks of the trade.

Course Requirements

This course will not require you to have previous work or academic experience in any particular area but you should have a high school reading level. No books will be required

Course Outline

 

I.   Is a Home Business Right for You?

            a. Are you a good candidate to run your own home business?<br>

            b. What should you take into consideration?

II. Business Ideas

            a. Different types of home businesses

            b. Ideas for running a home business

III. Business Structures

            a. Sole proprietorship

            b. Partnership

            c. Corporation

            d. LLC

            e. Getting business licenses (city, state, other)

IV. Money

            a. Start-up costs

            b. Using investors

            c. Taxes

            d. Accounting/Bookkeeping

            e. Banking

V. Developing a Business Plan

            a. Creating an executive summary

            b. Purposes of a business plan

            c. How to write one

            d. What to include

VI. Physical Space

            a. Home vs. other location

            b. Supplies

            c. Equipment

            d. Organizing

VII. Time Management

            a. Daily schedule/work hours

            b. Time zones

            c. Accountability

            d. Procrastination/challenges

VIII. Marketing

            a. Website

            b. Printed materials

            c. Directories

            d. Branding

IX. Networking

            a. Using your existing network

            b. Building a bigger network

            c. Associations/groups

            d. Blogging

X. Employees

            a. Hiring

            b. Tax implications

            c. Virtual assistants

XI. Resources

            a. Online

            b. Local resources

            c. Funding

            d. Moral support

Course Materials

All course materials is provided in this class. There is no need to buy additional resources.

Grading Policy

Each lesson will include a written  assignment that will directly apply what you have learned.
A brief 25 pt. quiz will follow each lesson. Students will successfully complete this course with 70% or better.
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Learning Outcomes

By successfully completing this course, students will be able to:
  • Determine whether or not home business is right for you.
  • Describe home business ideas.
  • Describe setting up a business structure.
  • Summarize the money requirement for startup costs..
  • Develop a business plan.
  • Setup your home office.
  • Identify time management needs.
  • Describe marketing and networking techniques.
  • Describe the process of hiring employees, and
  • Demonstrate mastery of lesson content at levels of 70% or higher.

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