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Having a solid understanding of business fundamentals is crucial for starting your journey as an entrepreneur or business professional. We’ll be spending the first two classes of this series learning about the following concepts: LLC formation, deciding on offering goods vs services, and finances. Starting with LLC’s (Limited Liability Company), this offers legal protection for personal assets and provides operational flexibility. We will learn how to register with the state, create an operating agreement, and adhere to local regulations. From there we’ll ask: Will you offer goods, services, or a combination of both? This will impact inventory, delivery methods, and customer interaction. Lastly, how does one begin to financially support this endeavor? Understanding the financial needs and startup requirements is vital for success. This includes securing initial capital, managing cash flow, budgeting for operational costs, and planning for growth. Addressing these fundamentals ensures a solid foundation for building and sustaining a successful business.
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Event Venue & Nearby Stays
Olympic College Bremerton campus, Bremerton, Washington, United States
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Concerts, fests, parties, meetups - all the happenings, one place.
