Collin SBDC classes are now online for your convenience. Please click on the links below to get information.
If you need additional assistance, please email us at SBDC@collin.edu or complete our Client Needs Assessment. We are open and here to help!
Accounting & Tax Issues of a Small Business: Acct & Tax Issues of a Small Business
Are the accounting and tax issues of your small business overwhelming? Do you find information on the internet is confusing and misleading? This class will address:
- Identify business entity (sole proprietorship, limited liability company (LLC) and corporation) and their benefits and costs
- Tax deductions available to business owners
- Recordkeeping requirements to manage your business
- What to look for when hiring a bookkeeper or accountant to assist the business
- Understanding and using financial statements as a tool to measure business performance
How to Fund Your Small Business: Funding Your Business
This class is a comprehensive overview of the different funding options available for your small business and the qualifications for each. This class will cover:
- Sources of funding
- Lender requirements
- Other funding considerations
How to Start a Small Business: How to Start a Small Business
It’s back to basics! If you want to start a business but don’t know where to begin, then this class is for you. This class will address many of the questions you should ask yourself before beginning the process of starting a new business.
- Why start a small business?
- What are your goals?
- What are your strengths?
- How do you work?
The workshop will also cover the process of starting the business and:
- Analyze feasibility of your idea
- Prepare a business plan
- Determine the best operations management system
- Find sources of capital
- Create competitive analysis
IRS Small Business Tax Workshop
Do you know your small business tax responsibilities? This workshop is designed as an awareness seminar to inform business owners of their tax obligations. Tax information for each of the small business structures is provided along with a review of independent contractors versus employees, and an introduction to tax forms required from a small business.
Employees vs Independent Contractors: What You Need to Know Employees vs Independent Contractors
Wondering whether you should have employees or independent contractors? How much and how often should you pay your employees? How do you protect your business assets?
This class will address:
- Hiring and firing practices
- Independent contractor vs. employee
- Paying employees – salaried vs. hourly
- Confidentiality and non-competes
- Employee handbooks
- Policies on technology use
- Succession planning
Legal Aspects of Starting a Business: Legal Aspects of Starting a Business
Thinking of starting a business but don’t know where to start? Confused by all the different types of entities you could form for your business and wondering which type will be best? This class will address:
- How to effectively work with your attorney (and save $$$ doing it)
- Choice of entity & documents required
- Minimizing liability
- Assumed names (Doing Business As: DBA)
- Financing the business – loans, angels & VC’s
- Intellectual property – trademarks, copyrights, trade secrets & patents
Marketing Strategy and Tactics for Small Business: Marketing Strategy and Tactics for Small Business
All businesses start with the intention of becoming successful, and most of those businesses start with a product or service that could get them there, but after a few years, many of those same businesses struggle to find success. How could this be? One main reason could be that they started without a marketing budget or plan. They don’t understand marketing and they don’t understand how important marketing is in making their business a success. This class will cover:
- Marketing basics
- Driving awareness of your business, product or service
- Elements of a marketing plan
- Goal planning
- Marketing budget planning
- Online marketing, including search and Search Engine Optimization (SEO)
- Tactics including a focus on social media planning
- Innovation and Ideation
After taking this class, you should understand the basics of marketing, the definition of an impression, the goals of an impression and the types of general tactics that you can use to help drive awareness. You should be able to develop your own marketing strategy with goals, tactics, timelines and costs. You should understand the basics of search, SEO and social media. Finally, you should understand the importance of ideation and innovation for the future success of your business.
This is an orientation to government contracting at the federal, state and local level. Our experts help remove the intimidation factor, confusion and complexity and show you how to succeed in government contracting. Orientation topics include:
- Government bid process
- Determining right point of entry
- Benefits of minority certification
- Covers all government entities from city to federal
- Individualized follow-up counseling is available to attendees at no charge
SBA Small Business Certifications
The U.S. government is the largest single purchaser of goods and services in the world, awarding approximately $500 billion in contracts every year. Before you can begin doing business with the government your business must obtain the proper certifications. Federal, state and local governments offer businesses opportunities to sell billions of dollars’ worth of products and services. Many government agencies require that some percentage of the procurement’s be set aside for small businesses. Certifying your business can definitely help you successfully compete for government contracts.
This workshop will cover the basic certifications required to do business at the federal level. This two hour workshop will provide an overview and eligibility criteria for the following certifications: Small Business Woman Owned Small Business (WOSB)/Economic Disadvantage Women Owned Small Business (EDWOSB) Service Disable Veteran Owned Small Business (SDVOSB)/Veteran Owned Small Business (VOSB) Small Disadvantage Business/8(a) Business Development Historically Underutilized Enterprise.
Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact Betsy Colter and BColter@Collin.edu or 972-985-3770 who will make arrangements.