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MyOwnBusiness Institute

Business Planning

Choosing the Right Business

The first and most important decision for new entrepreneurs is choosing the right business. This session will guide you through a step-by-step approach to find the best fit, identify common mistakes, and utilize tools to help you succeed. (MOBI curriculum session.)

The Business Plan

A business plan is the blueprint for your business—the who, what, where, when, how, and why. It organizes your ideas, outlines your roadmap, and helps you share your vision. In this session, you’ll explore key elements, uses, and best practices for writing a business plan. (MOBI curriculum session.)

Licenses and Permits

Obtaining the proper licenses and permits helps ensure your business is operating legally for your location, industry, and business entity. This session shares general guidelines to help you get started with confidence and highlights the importance of consulting an attorney for legal advice. (MOBI curriculum session.)

Freelance, Independent, and Home-Based Businesses

You don’t need a traditional office to start a business. With just a laptop, smartphone, or flyer, you can get going. In this session, learn how to start a business that doesn’t rely on a physical space—including freelance, independent, and home-based businesses—our readiness checklist can help you prepare. (MOBI curriculum session.)

Buying a Franchise

Buying a franchise offers a path to business ownership with an established brand and support system. This session covers what a franchise is, the types available, key differences from starting your own business, and how to choose the right one for you. (MOBI curriculum session.)

Key Components to the Business Plan

Daniel Nathanson, Ph.D from UCLA Anderson Graduate School of Business, outlines the different components of the Business Plan and discusses the importance of crafting a detailed Business Plan.  

Top 3 Founder Misconceptions

Laura Norris, J.D., an Assistant Clinical Professor and Director of SCU Entrepreneur's Law Clinic, analyzes the common misconceptions about founding a business and clarifies the proper information that founders should know. 

Meeting the Future Needs of Your Business

Steven Morgan, ED.D, President at the University of Laverne, poses different questions that business owners need to consider when starting a business and discusses how a business should plan to meet its future needs. 

Family Succession of the Business

Lincoln Watase, CEO and President of Yum Yum Donut Shops, evaluates the challenges with family succession of the business and provides advice on how to successfully develop the next generation of your business. 

The Importance of Product Testing

Daniel Nathanson, Ph.D from UCLA Anderson Graduate School of Business, mentions some of the common mistakes that entrepreneurs make when starting a business and emphasizes the importance of product testing. 

Do You Have an Entrepreneurial Mindset?

What kind of mindset should an entrepreneur have when starting a business? Daniel Nathanson, Ph.D from UCLA Anderson Graduate School of Business, gives advice to entrepreneurs on how they should approach their business and the type of mindset they need to run a successful business. 

Your Vision Statement - Where Do You Want To Go?

Daniel Nathanson, Ph.D from UCLA Anderson Graduate School of Business, focuses on the importance of a vision statement and how it can serve as a motivator for your business and a guideline for your actions.  

BusinessTown: Key Components of a Good Business Plan originally appeared on BusinessTown

From your value proposition to your target audience and the composition of your team, learn what the most important parts of a business plan are.