Licensing, zoning, loans, inventory controls, employees relations, accounting – becoming a successful entrepreneur requires nearly equal parts ambition, dedication, and know-how.
That's where Cashing in on Business Opportunities comes in. Comprised of 22 lessons, Cashing offers entrepreneurs and the educators who serve them the technical knowledge and skills needed to manage a business.
From business plans to taxes to budgeting to inventory, Cashing provides a complete manual for starting, maintaining, and growing a business.
Cashing thrives in a variety of educational uses:
Divided into four parts, Cashing in on Business Opportunities groups lessons by theme, allowing users to develop personalized training to meet individual needs. Each lesson offers a narrative instructor's guide, handouts, and accompanying PowerPoint presentation.
Written at a basic level by nationally recognized Extension small business experts, Cashing is a dynamic curriculum with additional topics and supporting Webinars in development.
Originally developed by the CSREES Home-Based and Micro-Business National Design Team as a part of the Communities in Economic Transition National Initiative in 1997, Cashing has undergone a complete revision to address business practices and concerns.
For current and potential business owners to identify their personal and business skills and to examine possible business ideas or types of business interests as to the feasibility of the ideas. The overall intent is to help put business owners on the road to success in their home-based or micro business.
To provide the background and basic information on business scams (a fraudulent business scheme, a swindle) and fraud related to small business opportunities.
For home-based business owners to be able to accommodate business needs in the home space while minimizing family conflicts.
The goal of this session is for participants to develop skills in time management.
To create awareness among entrepreneurs of the importance of a professional image, the role it plays in the success of a home-based business, and the practices that demonstrate professionalism.
Entrepreneurs will learn how to write business plans.
Entrepreneurs will learn how to determine the price to charge for a product and/or service.
Entrepreneurs will make informed decisions about the choice of a legal structure for their businesses.
Entrepreneurs will become familiar with regulatory issues that affect home based businesses.
To help current or potential home-based business owners identify wholesale sources for purchasing new products or business supplies that will help them prepare for success and profit in their businesses.
The goal of this session is for potential and current business owners to learn basic information about different distribution methods for marketing products and services and for them to obtain information to locate additional resources.
The goal of this chapter is to teach the would-be home-based or micro business owner or current owner how to develop or improve salesmanship skills. Sales, in any business, are key to the success of that business. This text is designed to be taught in a one-hour segment, unless role-play scenarios are included to enhance the application of technique.
Entrepreneurs will understand the role of excellent customer service in their business operations.
The goal of this session is to provide the new business person or those just starting a business the basics of marketing and advertising. The session will create awareness and understanding of the basic principles of marketing by enabling the individual to understand that marketing is more than advertising or selling; the marketing process begins well before the product or service is developed.
Entrepreneurs will learn how to create an online presence, sell their products and services electronically, and utilize online applications for marketing.
Entrepreneurs will learn how to develop and implement a social media strategy as a means of online marketing and to determine if social media can and should play a role in achieving their marketing objectives.
The goal of this session is to introduce the advantages of simple record keeping.
To give entrepreneurs a plan for securing and maintaining employees who are assets to their businesses and are satisfied in their jobs.
The goal of this session is for business owners to assess risks and develop strategies to manage those risks.
The goal of this session is to introduce the home-based and micro business owner-manager to ratio analysis.
To introduce the micro/home business owner-manager to relevant income tax regulations.
The goal of this chapter is to introduce home-based and micro business owners to some of the ways of acquiring outside capital.
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