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Center for Curriculum and Transfer Articulation
Starting/Managing a Home Business
Course: SBS217

First Term: 1996 Fall
 Lecture   1 Credit(s)   1 Period(s)   1 Load  
Subject Type: Occupational
Load Formula: S


Description: Analysis of the successful operation of a home-based business. Includes study of economic feasibility, practicality, and adjustments for the family. Analysis of the advantages/disadvantages of operating a home based business, versus a storefront business. Review of current trends in home business opportunities and franchises. Descriptions of home businesses that have succeeded in local, national, and international markets



MCCCD Official Course Competencies
1. Analyze effects of computer technology on the home-based business. (I)
2. Identify and compare types of home-based businesses, and describe the advantages and disadvantages specific to each. (II)
3. Describe state, local, and national regulations affecting home businesses. (III)
4. Describe the use of alternative employment methods. (IV)
5. Describe factors that contribute to financial stability. (V)
6. Identify insurance needs of the home-based business. (VI)
7. Design professional marketing strategies for a product or service sold from a home-based business. (VII)
8. Describe options for financing a home business venture. (VIII)
9. Identify personal adjustments required of the owner, family, and buyer/client. (IX)
10. Assess communication opportunities with other home-based businesses. (X)
11. Identify fraudulent operations, offers, and scams. (XI)
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements.
 
MCCCD Official Course Outline
I. Economics and the Home-Based Business
   A. Utilization of Family Resources
   B. Effects of Computer Technology
   C. Other Economic Concerns
II. Types of Home-Based Businesses
   A. Service Oriented
   B. Product Oriented
III. State, National, and Local Regulations
   A. Licenses
   B. Permits
   C. Special Operating Certificates
   D. Zoning Issues
IV. Alternative Employment Methods
   A. Temporary Help
   B. Contractual Labor
   C. Permanent Employment
      1. State Regulations
      2. Federal Regulations
V. Financial Considerations
   A. Tax Advantages
   B. Simple Accounting Systems
   C. Future Projections for Growth
   D. Pricing Strategies
   E. Relocation to Business Site
      1. When
      2. Why
VI. Insurance Considerations
   A. Group Insurance
   B. Individual Insurance
   C. Liability - Personal and Business
   D. State Compensation
VII. Marketing
   A. Advertising
   B. Product Promotion
   C. Direct Sales and Mail Order
   D. Shipping from Home
VIII. Financing Options
   A. Identifying Personal Assets
   B. Home Mortgage Option
   C. Borrowing from Family and friends
   D. Agencies and Financial Institutions
IX. Personal Adjustments
   A. Self
   B. Family
   C. Client
   D. Neighborhood
X. Networking Support System
   A. Locating Other Home-Based Businesses
   B. Starting a Network
   C. Professional Organizations and Agencies
XI. Fraudulent Opportunities and Scams
   A. Recognizing a Home-Based Business Scam
   B. Evaluating a Business Offer
   C. Sources of Assistance
 
MCCCD Governing Board Approval Date: 10/24/1995

All information published is subject to change without notice. Every effort has been made to ensure the accuracy of information presented, but based on the dynamic nature of the curricular process, course and program information is subject to change in order to reflect the most current information available.