How To Survive The First Year Of A New Business

In this 5-minute small business class online, you’ll learn how to survive the first year of a new business.

Cost: Free
Recommended Pre-Requisite Classes: None
Instructor: Jennifer Croft

Please note: You may have to raise the volume on your computer or phone to be able to clearly hear the video.

Description
In this 5-minute, online class, you’ll learn how to survive your first year in a new business. You’ll find out how to give yourself the best chance for success by writing a business plan, calculating accurate start-up costs and breakeven points, and having enough cash on hand. You’ll learn how to stay focused in the business and on the business and what to do if you start losing faith. You’ll discover why it can be helpful to set aside specific times to worry and how to look for (and repeat) patterns of success. You’ll get tips for how to set up a support system.

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Related Classes

Here are other small business classes online that relate to How To Survive The First Year Of A New Business:
How To Set Up A Support System

Worksheets

The following small business worksheets will be helpful for you to use:
1-Page Business Plan
8-Page Fill-In-The-Blank Business Plan
Start-Up Costs

Next Steps

After taking this class, here are some good next steps you can take:
•For the next 90 days, decide how many hours you’ll commit to your business.
•Write a business plan, and calculate your start-up costs, breakeven, and how much cash you’ll need.
•Figure out three ways to simplify your business.
•Identify one pattern of success in your business (and do more of it) and one pattern of failure (and stop doing it).
•Start to create a support network for yourself.
•The next time something fails, remind yourself that small failures are inevitable…and surmountable.