Kid Business College – Business & Income Diversity
It is the goal of this group to help students to develop business skills through applied learning. They will have support and resources to guide them toward the path of entrepreneurship. It will be up to parents, teachers, and groups to help students to achieve their goals through encouragement as well as help with the implementation. CLICK HERE to join this group and find out how to apply for additional services and options.
The Black Academy Institute is offering a comprehensive business course designed with home educators in mind. The course can, however, be used by anyone who is looking to learn the ins and outs of starting and establishing a family business. Many topics will be covered in this course starting from the bare basics to the more complex concerns. It is our goal to take the guesswork out of starting a business and empower the whole family to enjoy the process together. By beginning with foundational instructions, your students will have a head start on the simplicity of implementation and goal setting for their business.
The ‘Kid Business College Course’ will contain key components of implementation that will prove to be a no-brainer for most. In this course, the learner must be able to learn about business strategy and also understand, the importance of having a business strategy, Types of levels of business strategy, How to create and carry out a winning business plan, 10 steps to build a successful business strategy, Importance of branding your business, Tips for creating a brand, having a successful brand and so on… To help the learner have good knowledge and experience in business strategy we will break down every aspect of the course in our reading material. Here is just a small simple outline of just some of the topics to be covered, in regard to business strategy: The importance of having a business strategy. Allows planning. The main reason for designing a business strategy is that it not only allows you to define what the objective of your organization is but also how you can achieve it.
Establishing a work methodology is necessary to know what expectations you will be able to meet, for how long, and with what resources you have. Facilitates forecasting. Establishing a good business strategy can help you better deal with unforeseen events and difficulties. If you have previously defined your action protocols, contingency plans, and corrective methods, it will be easier to react quickly to adverse situations, keep the organization in optimal conditions and avoid financial, operational, or any type of complications.
Promotes stability. Creating a business strategy provides stability to any business project and also helps increase the success rates of your purposes. Although when thinking about the business strategy the elements of organization, logistics, structure, and management are usually considered, a true business structure requires the development of plans and schemes for the various areas that make up your business. Improve understanding of your company.
A business strategy will allow you to answer questions related to the identity of your brand, such as: what differentiating element do you have compared to the companies that are your competition; what growth goals do you set for short, medium, and long terms; what kind of service and product you are offering to your customers.
Of course, business strategy is but one small step toward business success. The parties involved will need the necessary skills, motivation, and work ethic in order to have a successful business. The right understanding goes a long way when you embark on this journey. This course will help students and their families to facilitate their own financial goals and dreams. It will also provide possible business ideas for those who are serious and ready to get started. One rule that we personally go by is diversification in income streams, thus this will be something that our students will learn as well.
A select number of students will have a chance to receive one on one consultation, planning, and implementation of their business. The details of this will be announced on our website.