MindEdge
Certificate in Small Business Management (ACE CREDIT ®)
Certificate in Small Business Management (ACE CREDIT ®)
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$1,744 USD
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Elevate your small business management skills with our accredited certificate program. From accounting to HR fundamentals, empower yourself with the knowledge to lead and manage a successful small business.
Course Duration:33.5 hours
Credits:
CEU Credits: 1
AMA PCM CEU Credits: 0
PDU Credits: 10
HRCI Credits: 10
SHRM Credits: 10
CFRE Credits: 0
ATD CI Credits: 10
ACE Credits: 0
Following basic accounting principles is an essential and necessary part of any business, regardless of size. As a small business owner, it is crucial to recognize the importance of maintaining proper financial records. Accounting records help identify sources of revenue, monitor the progress of business operations, assist in identifying areas that need improvement, and aid in preparing accurate financial statements. This course will introduce you to fundamental accounting concepts and develop your ability to record and analyze business transactions, and prepare the four major financial statements.
Credits:
0.5 CEUs 5
ATD CI Credits 5
PDUs 5
HRCIs 05 SHRMs
Following basic accounting principles is an essential and necessary part of any business, regardless of size. As a small business owner, it is crucial to recognize the importance of maintaining proper financial records. Accounting records help identify sources of revenue, monitor the progress of business operations, assist in identifying areas that need improvement, and aid in preparing accurate financial statements. This course will introduce you to fundamental accounting concepts and develop your ability to record and analyze business transactions, and prepare the four major financial statements.
Credits:
0.5 CEUs 5
ATD CI Credits 5
PDUs 5
HRCIs 05 SHRMs
Credits:
0.5 CEUs 5
ATD CI Credits 5
PDUs 5
HRCIs 05 SHRMs
Introduction to Small Business Management
Introduction to Small Business Management is designed for prospective and current small business owners, entrepreneurs, and managers who want to understand the basics of running a successful small business. Managing a small business can be quite challenging, and this course provides an overview of small business operations, including business planning, legal issues, financial management, human resources, managing people, marketing, and customer care. Small business owners and managers should be better prepared to effectively deal with common problems and capitalize on market opportunities based on what they've learned.
Credits:
0.3 CEUs 3
ATD CI Credits 3
PDUs 3
HRCIs 03 SHRMs
Credits:
0.3 CEUs 3
ATD CI Credits 3
PDUs 3
HRCIs 03 SHRMs
Small Business Marketing
Small business operators are often faced with the daunting task of advertising and building a brand with a restricted budget. They must also effectively use social media and search engine optimization to differentiate themselves from their competition and attract potential customers. This course is designed for small business owners, entrepreneurs, managers, and other professionals who want to understand the basics of small business marketing. The material explains how to utilize social media marketing, content marketing, and search engine metrics strategically to reach not necessarily a wide audience, but the right audience. After completing this course, small business owners and marketers will be better prepared to promote their services and products in the highly competitive virtual world.
Credits:
0.3 CEUs 3
ATD CI Credits 3
PDUs 3
HRCIs 03 SHRMs
Credits:
0.3 CEUs 3
ATD CI Credits 3
PDUs 3
HRCIs 03 SHRMs
Budgeting and Financial Analysis for Small Businesses
Many small business owners find creating a budget to be an intimidating process. However, creating and maintaining a budget for your business is a crucial component of success. Budgets assist in maintaining control of your business activities, and provide a road map to ensure you are spending money in the right places at the right time. Similarly, tracking performance and analyzing financial data provides insight into what is working, and what isn't, in terms of your business. Knowing how to interpret the information found in your business's financial statements is an important skill to develop. Financial analysis allows you to understand your business's financial position better and can help you make better financial decisions. This course will introduce you to the budgeting process and financial analysis. In module one, you will develop your ability to prepare budgets, generate pro forma financial statements, and analyze budget variances. Module two will focus on analyzing the financial position of your business through financial ratio analysis, benchmarking, and break-even analysis.
Credits:
0.5 CEUs 5
ATD CI Credits 5
PDUs 5
HRCIs 05 SHRMs
Credits:
0.5 CEUs 5
ATD CI Credits 5
PDUs 5
HRCIs 05 SHRMs
Law for Small Businesses
Small business owners and entrepreneurs must have a working knowledge of many different fields, including the law. This course covers the basics of business law as it pertains to small businesses, franchises, and entrepreneurial endeavors. The topics include legal structures for new ventures, contracts, intellectual property rights, real property, employee rights, tax responsibilities, and product warranties and liabilities. While small business owners should be familiar with these issues, there is no substitute for having qualified legal counsel. Therefore, the course also explores the relationship between a small business and its legal representatives, how to find a small business lawyer, and at what stage legal counsel should be sought.
Credits:
0.5 CEUs 5
ATD CI Credits 5
HRCIs 05 SHRMs
Credits:
0.5 CEUs 5
ATD CI Credits 5
HRCIs 05 SHRMs
Project Management for Small Businesses
Small business management involves overseeing both small and large projects. Not all projects require extensive planning, but project management techniques can help teams of all sizes meet their goals more efficiently. This course introduces fundamental project management concepts, reviews common project pitfalls, and explains the importance of each of the five stages of the project life cycle: initiating, planning, executing, monitoring/controlling, and closing.
Credits:
0.3 CEUs 3
ATD CI Credits 3
PDUs 3
HRCIs 03 SHRMs
Credits:
0.3 CEUs 3
ATD CI Credits 3
PDUs 3
HRCIs 03 SHRMs
HR Fundamentals for Small Businesses
Course Description
This online course provides learners with a fundamental understanding of the most critical areas in small business management. Throughout nine segments, learners will explore the varied tasks, such as accounting, budgeting, business law, marketing, and project management, that small business owners must master to be successful. The self-paced course offers an assortment of interactive exercises, videos, case studies, and self-assessments that engage students and provide opportunities to practice business management skills.
Topics covered in the course:
Introduction to Small Business Management
Accounting Fundamentals for Small Business
Budgeting Financial Analysis for Small Business
HR Fundamentals for Small Business
Law for Small Businesses
Leading and Managing Small Businesses
Project Management for Small Business
Small Business Marketing
Download the complete syllabus with learning outcomes here.
This course has been evaluated by The American Council on Education's College Credit Recommendation Service (ACE CREDIT ®) with a recommendation of 3 credits, lower division, in small business management.
Successful completion for the ACE CREDIT ® designation is based on student performance on a final cumulative exam. The final exam is composed of 80 multiple-choice questions. Students will have 2.5 hours to complete the exam. The exam is proctored. For more information, please see the syllabus.
If students do not earn a passing score of 70% on their first attempt, they will have the opportunity to take the exam 2 additional times (3 total attempts). Students must wait 24 hours between exam retakes. A passing score of 70% of above is required to request college credit for this certificate.
Testimonials
Micaela M.
I thought this was very informative, thanks!
Richard U.
Thanks so much for what was a great course in helping understand and prioritize basic concepts of SBM. I found the latter half of the course to have very practical, actionable concepts that I could implement immediately.
