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Structure: Building the Frame for Business Growth

Approx. 9 hours to complete

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Course Summary

This course explores the different types of business structures and their advantages and disadvantages. Students will learn how to choose the best structure for their business and how to navigate legal and financial considerations.

Key Learning Points

Learn the advantages and disadvantages of different business structures
Understand how to choose the best structure for your business
Navigate legal and financial considerations

Job Positions & Salaries of people who have taken this course might have

Small Business Owner
- USA: $70,000 - $100,000
- India: ₹5,00,000 - ₹10,00,000
- Spain: €30,000 - €50,000
Business Consultant
- USA: $80,000 - $120,000
- India: ₹7,00,000 - ₹15,00,000
- Spain: €40,000 - €60,000
Corporate Lawyer
- USA: $120,000 - $200,000
- India: ₹15,00,000 - ₹30,00,000
- Spain: €70,000 - €100,000

Learning Outcomes

Understand the different types of business structures and their advantages and disadvantages
Choose the best structure for your business based on legal and financial considerations
Navigate the legal and financial requirements of different business structures

Prerequisites or good to have knowledge before taking this course

No prior knowledge of business structures required
Basic understanding of business and finance recommended

Course Difficulty Level

Beginner

Course Format

Self-paced online course
Video lectures
Quizzes and assignments

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Description

Just like when building a house the foundation for your business provides the framework for success. A business built on weak structure will struggle to succeed. We'll address some of the most pressing issues that you as a business owner must face while constructing the proper framework for your business.

Outline

Company Structure & The Foundation: Financial Statements and Projections
Introduction to Company Structure
Overview of Key Financial Statements
The Income Statement: Terminology & Structure
The Balance Sheet: Terminology & Structure
The Cash Flow Statement: Terminology & Structure
Financial Projections - Predicting the Unknown
Investopedia: Definition of Income Statement
Investopedia: Balance Sheet Definition
Investopedia: Definition of Cash Flow Statement
Explore Projected Income Statements
Income Statements
Balance Sheet
Cash Flow Statement

The Frame: Forming the Legal Entity
What is a "legal entity?"
C-Corps vs. LLCs: What's the Difference?
C-Corps vs. LLC's

The Features: Intellectual Property
Introduction: What is Intellectual Property?
Patents: Form & Function
Copyrights: Form & Function
Trademarks: Form & Function
Patents
Copyrights
Trademarks

The Finish: Building the Team
Intro: Build Your Team
Why Your Team Matters
How to Build a Great Team
"The Mechanics of Mafia" by Blake Masters (transcribed from Peter Thiel)

Summary of User Reviews

The Business Structure course on Coursera has received positive reviews from users. Many users found the course to be informative and engaging, with a practical approach to business structure.