Starting a Small Business

‘Start Your Own Small Business’ is an online course designed for migrant domestic workers dreaming of starting their own small business in the Philippines. The course is free for everyone who has already completed Dare to Dream!

Enrol in Dare to Dream first for free!

Course curriculum

1. About this course
2. Intro and objectives of the course
3. About the introduction survey
4. Introduction Survey
5. Felicidad's Journey Back Home
6. Challenge- Your Dreams
1. 3 Pieces of advice before you start
2. Decision tree quiz
3. Weighing up the pros and cons of starting a business
4. Self-coaching: Pro's and con's of starting a business
5. Felicidad's Friends
6. You are the inspiration!
7. About quizzes in this course
8. Module 1 Quiz
1. Three key's to a successful business
2. Maria's pig farm success
3. Small business cafe in the Phillipines: success or failure? For each question, answer if it is likely to make the cafe business a success or failure.
1. Identifying potential business ideas
2. Challenge: Your first ideas for your business
3. Product or service business + physical store or online
4. MLMs, pyramid schemes and franchises
5. MLMs, pyramid schemes and franchises. Read each question carefully and choose the best answer. This quiz will help you think about whether a business is an MLM/pyramid scheme or a franchise.
6. Research your idea
7. Challenge: Research your idea
8. Module 3 Quiz
1. What is a learning mindset?
2. Learning mindset: start small and make small changes
3. Learning mindset: testing
4. Learning mindset: learn
5. Learning mindset: improve
6. Put everything together to make the big picture
7. Case study: Learning mindset - home cooked lunch delivery
8. Module 4 Quiz
1. The Business Jigsaw. The big picture.
2. Business jigsaw
3. Challenge- Complete your own Business Jigsaw
4. Challenge- Complete your own Business Jigsaw PDF
5. Felicidad's business jigsaw
6. Analysing your business using the jigsaw
7. Module 5 Quiz
1. Setting up a small business- sole or partnership
2. Success key 2: good partnerships
3. The good and bad points of a partnership
4. Choosing a business partner
5. Challenge: Choosing a good business partner
6. Agreements in writing, even if you don’t want to
7. Agreeing everything in writing with your partner
8. Partnership Agreement Template for Print
9. Mary and her brother Mateo
10. Communicating well with your business partner
11. Challenge - use DESC to communicate with your partner
12. Successful partnerships from abroad
13. Challenge - Success key 2 checklist
14. Module 6 Quiz
1. Success key 3: Good financial management
2. Business costs
3. Estimating your start-up and running costs
4. Challenge: Estimating your start-up and running costs
5. Taking a loan in Hong Kong/Singapore vs. Philippines
6. Case Study: Sophia’s loan in Hong Kong vs. Consuela’s loan in the Philippines
7. Finances to start your business
8. More on borrowing from family and friends
9. Borrowing agreement template
10. More on borrowing from the bank - Business Loans
11. Finda’s Choices for Funding
12. Module 7 Quiz
1. Why money coming in doesn't equal a profitable business
2. Is it a profit or loss?
3. Keep track
4. Track sales/revenue
5. Track costs
6. Income statement
7. Income statement template
8. Track stock (inventory)
9. Cash flow management
10. Cash Flow template
11. Finda's fruit and veg stall cash flow
12. Module 8 Quiz
1. Risks
2. Challenge: Identify the risks
3. Finda's fruit and veg stall - risks
4. Challenge: How can I reduce the risks?
5. Challenge- How can I reduce the risks? Risk example
6. Challenge: How can I reduce the risks blank table pdf
7. Module 9 Quiz
1. Measuring if the business is successful
2. Challenge: Looking at the big picture and asking yourself how it's going
3. Recognising when a business is failing
4. Felicidad's sari-sari store isn't doing too well
5. Stop losses
6. Felicidads stops losses
7. Mini case studies: Success measures and stop losses
8. Ana's wonderful jewellery journey
9. Self-Care and mental health for small business owners
10. Self-coaching: Self care and stress
11. Module 10 Quiz
1. Marketing
2. Digital marketing
3. Challenge: Digital marketing
4. Legal registrations and annual fillings/business permits
5. Business insurance
6. Mentorship
1. End of course Quiz
2. Collect your certificate
3. End of course survey
4. Have you reviewed us on Facebook?
5. Like us and leave us a review on Facebook!
6. Glossary

About this course

Free
108 lessons
0 hours of video content

Starting a Small Business

Course curriculum

Introduction

Module 1: A New Direction

Module 2: Keys to a Successful Business

Module 3: What sort of business do you want to start?

Module 4: Develop a learning mindset

Module 5: Your business jigsaw

Module 6: Choosing good partners

Module 7: Good financial management. Part 1: Before you start

Module 8 - Good Financial Management Part 2: Running your own business

Module 9: Risks

Module 10: Stop! Knowing when its not working

Module 11: Practical help

Conclusion

About this course