Course Outline: Starting Your Own Business

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Opportunity knocks

 

Ideas that usually work

 

Ideas that usually don’t

 

Types of Businesses Pro and Con

 

            Sole Proprietor

 

            Partnership

 

            LLC

 

            Corporation

 

                        type S              type C

 

Legal issues

 

            county business licenses

 

            state business licenses

 

            zoning

 

            home location

 

            commercial office

 

            fictitious names (DBA)

 

            copyright

 

Insurance

 

            homeowners

 

            umbrella

 

            liability

 

            car

 

            unemployment

 

            workman’s comp.

 

Hiring other people

 

Marketing

 

            word of mouth

 

            the internet

 

            business cards

 

            telephone

 

            newspapers, radio, and TV

 

Taxes

 

            Federal income

 

            State income

 

            personal property

 

            real estate

 

Financing

 

            your hobby

 

            your job

 

            your credit

 

            your house

 

            your bank

 

            the SBA

 

Where to get further information