“Native American Small Business Primer: Strategies for Success” is a free, self-paced online business course developed for Native American business owners. The course provides an overview of basic business principles and makes them aware of the programs and services available from the U.S. Small Business Administration.
“‘Native American Small Business Primer: Strategies for Success’ will enhance the agency’s effort to provide important resources for emerging Native American entrepreneurs,” said SBA Administrator Karen Mills. “Our ultimate goal is to help create jobs and stimulate economic and business development in our Native American communities. This course is an essential business development tool for the entrepreneur’s toolbox.”
The new online course emphasizes business planning and market research as essential steps to take before going into business; informs Native American entrepreneurs about the legal aspects of starting a business, including the type of ownership (legal structure) and licensing; and provides key information on seed money for starting up, raising capital, and borrowing money. In addition, there is a section on how to estimate business start-up costs that can help assess the financial needs of going into business.
The course is available from the SBA’s Online Small Business Training web page under Online Courses for Starting Your Business at www.sba.gov/content/online-courses-starting-your-business.
Course participants completing the online training programs can earn a certificate of completion from the SBA with their name, date and course title. “Native American Small Business Primer” is one of nearly 30 online tutorials offered by the SBA’s Online Business Training. Free courses are offered on starting a business, managing a business, financing a business and contracting.