Course
0. Welcome to Communities Unlimited Entrepreneurship Basics Series
RCAP Open For Business
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1. Getting Started
0. Welcome to Communities Unlimited Entrepreneurship Basics Series
The hardest part of Entrepreneurship is managing the risks which come from uncertainty. Identifying the risks and then preparing yourself to manage your business to overcome or minimize the risks are the keys to success. Community Unlimited's...
1. From Ideation To Start-Up
RCAP Open For Business
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1. Getting Started
1. From Ideation To Start-Up
Ideation is the process of generating ideas on one or more subjects in a creative, open environment. This is a powerful method at any stage of the development process. In this course, we will discuss the ideation, startup, and launch business...
2. Bookkeeping Vs Accounting
RCAP Open For Business
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2. Accounting and Financial Management
2. Bookkeeping Vs Accounting
Many small businesses operate on a cash basis (restaurants, lawn care, for example) and can more effectively manage their bookkeeping and accounting processes. In fact, 65% of business owners have closed their doors due to their chief mistake of...
2.1 7 Key Financial Ratios Every Small Business Owner Should Know
RCAP Open For Business
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2. Accounting and Financial Management
2.1 7 Key Financial Ratios Every Small Business Owner Should Know
Small business owners do not have to be accountants to run a business but to effectively identify cost issues, manage working capital, and make sound and timely decisions, there are seven key financial ratios business owners need to understand.
2.2 Bookkeeping With Google Sheets
RCAP Open For Business
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2. Accounting and Financial Management
2.2 Bookkeeping With Google Sheets
Many small businesses operate on a cash basis (restaurants, lawn care, for example) and can more effectively manage their accounting needs through a simple accounting app through Google Sheets as opposed to more robust accounting software...
2.3 Calculating Break Even
RCAP Open For Business
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2. Accounting and Financial Management
2.3 Calculating Break Even
Break-even is the point at which total cost and total revenue are even. In this course, we will discuss the relationship between Costs, Sales volume, and Profit, determine the minimum volume of Sales needed to generate to succeed, and determine...
2.4 Managing Working Capital
RCAP Open For Business
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2. Accounting and Financial Management
2.4 Managing Working Capital
According to data from the U.S. Bureau of Labor Statistics, about 20% of U.S. small businesses fail within the first year. By the end of their fifth year, roughly 50% have faltered. After 10 years, only around a third of businesses have survived....
2.5 The Three Key Financial Statements
RCAP Open For Business
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2. Accounting and Financial Management
2.5 The Three Key Financial Statements
Financial Statements are documented records that illustrate the business activities and the financial performance of the company. In this mini-course, we will take a look at the three primary financial statements used by small businesses, how...
2.6 Planning For Profitability
RCAP Open For Business
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2. Accounting and Financial Management
2.6 Planning For Profitability
Small businesses can struggle with profitability for a number of reasons. Even if your business doesn’t make a lot of money early on, the goal should eventually be to sustain operations and earn a profit. In this course, we will learn how to...
2.7 Pricing Strategies
RCAP Open For Business
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2. Accounting and Financial Management
2.7 Pricing Strategies
Pricing is the value that is assigned to a product or service. When determining price it is important to take into account the need to cover all of the operating expenses as well as the profit you would like to generate to sustain or grow your...

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