What courses or training do you need to take to start your own business?
I would like to know this cause I would like to open my own shop in the future, and would like to know what I need to look into.
That depends on what type of business you're looking to start. My advice to you would be to research other stores that you would like to model.
Use Google to find the answer to just about any subject.
I don't really believe that you need any educational training, you mainly need experience and a good plan. When it comes to planning a business, you'll need to lay out a thorough business plan, which can be learned either online or from a book. Actually, it may be in your best interest to take a small business class now that I think about it. I took a class in high school which forced us to develop a fifty two page business plan and this would be an excellent place for you to begin. It may also be beneficial for you to work under someone else for a year or more, to gain some good experience in the things you'll be having to do yourself. I hope this helps you out a little bit.
You don't need any training but if you have none you may get in trouble from bad management right away.
Most community colleges offer courses in small business management.
If you have no idea about running a business then having an accountant may help if you can afford one.
You need to understand overhead and cash flow and government regulations. Does you city or town require a license? Should you have insurance? What kind? What are your obligations to employees?
You should really be able to have enough cash on hand not to require making a profit for at least a year otherwise things could go downhill in a blink of an eye.
#1 Book keeping
#2 Filing taxes in your state
#3 Business planning
I did it all backwards. I have heard that poor accounting is the number one reason small businesses fail.
Most of my thoughts have been covered, but I highly recommend taking a basic accounting course. You'd be amazed what you will learn regarding cash management and income reporting. If you understand how a business's books work, it will help you make better decisions.
In my opinion the best thing you can do is get a mentor in the field you are planning to go in to.
Take them out for lunch and ask them some questions.
The amount of time this will save, and the number of mistakes that you won't make will be immeasurable.
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