How to Organize and Run a Small Business
This course is a primer for aspiring small business owners and entrepreneurs. The course explores step-by-step procedures necessary to set up and manage a small business. Topics include the development of a business plan, market entry strategies, organization and management, financing, internet marketing, software, and critical factors for small business owners and entrepreneurs.

Course Publication Date: March 30, 2023

This course is available with NO ADDITIONAL FEE if you have an active self study membership or all access membership or can be purchased for $80.00!

Author:Delta CPE
Course No:BMO-SMALLBUS-40133
Recommended CPE:8.00
Delivery Method:QAS Self Study
Level of Knowledge:Basic
Advanced Preparation:None
Recommended Field of Study:Business Management & Organization
Learning Objectives
  • Recognize the advantages and requirements of different business organizations.
  • Identify factors to consider when buying an existing business.
  • Recognize methods for determining how much to pay for a business.
  • Identify important factors for selecting a new business location.
  • Recognize the key sections of a business plan and how it can be used.
  • Identify options and strategies available for small business financing.
  • Identify the advantages of leasing vs. purchasing assets.
  • Recognize methods for maximizing working capital and improving cash management.
  • Identify processes for inventory management and control.
  • Recognize the elements of different business structures.
  • Identify items within legal contracts.
  • Recognize the value of patents and where to register a trademark.
  • Recognize financial records necessary to improve internal controls.
  • Identify different financial ratios useful for financial analysis.
  • Recognize major elements in business costs.
  • Identify elements of different taxes, including income and sales taxes.
  • Recognize different components of marketing research.
  • Identify the advantages of new product introductions.
  • Recognize social media as it applies to marketing.
  • Identify key factors in creating a pricing strategy.
  • Recognize factors to consider when selecting insurance policies.
  • Identify software useful for a small business.
  • Identify the advantages of different staffing strategies.

CPE Depot Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Sponsor Number: 109423


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