Is Owning a Business a Good Fit for You?
Learn how to assess and create a plan through gathering feedback.
The FDIC - Federal Deposit Insurance Corporation developed a program to help small business owners grow and thrive. We have provided the curriculum for direct download below. The modules below are for self-paced study or instructor-led classes. For individual self-study, simply download the participant guides. For educators, download all the materials including instructor guides and presentation slides.
Learn how to assess and create a plan through gathering feedback.
Learn how to create a resource plan, find stakeholders, and know the importance of personal credit to help you begin your business.
Become familiar with the common types of business formations and which ones you should discuss with your attorney and accountant.
Learn how to improve your time management skills and employ some time management practices.
Understand the essentials of financial management, practices, rules and tools, along with the common business financing needs.
Understand the purpose of cash flow management and projections, identify ways to manage cash flow, and work with technical experts.
Understand the overall recordkeeping practices, tricks and tools relevant to business, and how to choose software.
Understand the most common banking services for small business, which ones to use, and how they are applicable to your business needs.
Understand how credit reports are used to underwrite business loans, common business practices for credit reporting, building your business credit, and protect yourself from credit related business scams.
Understand internal and external business risk factors, common warning signs, and how to implement, monitor and evaluate risk management plans.
Understand business insurance needs and which products are best for your business.
Understand your business federal, state, and local tax liabilities, prepare for tax obligations, and obtain proper licenses.
Understand life-cycle issues for your business and how to plan for exiting the business or retirement from the business.