When starting any business, there are certain intangibles one should have. Creativity, a solid work ethic, the ability to organize, modify, and stick with plans, and general business knowledge can all go an extremely long way when setting up a business. However, growing that business requires these skills and more. Open courseware is one of the greatest things to happen to education in recent memory. With open courseware, it is possible for persons to learn more and improve their careers. For business, courseware cam help you learn new ways to grow a specific business. While there are many instinctual elements to entrepreneurship, knowing theory, techniques, new innovations, and other solid business strategies can give a much needed edge over competition in whatever specific industry you may be in. With this idea in mind, there are a variety of options for free open courseware that can help you grow your business.

1. Economics Interactive Tutorials – This course is lead by Dr. Samuel L. Baker, at the University of South Carolina. This class concerns the basics of economics, which is something that is very essential to growing a business. If there’s no demand for your product, don’t over supply.

2. Introduction to Marketing – For the Entrepreneur who may not have had any marketing experience.

3. Economics Lecture Notes – Professor Brad DeLong, Berkeley University makes his in depth Economics 101 lecture notes available to all. They come in both .doc and HTML versions. DeLong also has a macroeconomics page.

4. Marketing Strategy – If you are trying to seriously grow a business, you need to think outside of the box. This course is strongly recommended for entrepreneur, and anyone who has goals to see their business expand.

5. Environmental and Natural Resources Economics – This course is taught by Steve Hackett, at Humboldt State University, Taking a look at trends, going green is a fantastic business decision. Learning about economics and natural resources, via lecture slides that go in depth on the topic.

6. Introduction to the Study of Language – The economy is global, and businesses wanting to have success can increase their reach by having knowledge of other languages. In fact, as countries become more diverse, this discipline will become even more important. Keeping that in mind, Professor Philippe Schlenker’s UCLA class would be a good choice.

7. Mandarin Chinese – If the market is Global, its heart is moving to China. If the Beijing 2008 games aren’t enough to convince you, consider the sheer growth of China’s economy year over year. Learning Mandarin Chinese via The Free Online Language portal would be a great decision for your business. If you want to grow, expanding into China is the next logical step. Knowing Mandarin Chinese can give you a leg up on the competition.

8. Business Law – You can’t expect to go far in your business if you don’t understand Law. If you’re trying to grow your business, you may have to do it via mergers or acquisitions. Understanding the law behind this can help you significantly.

9. Globalization, Migration, and International Relations – This is another course that can build off of the idea that expanding your business can be done internationally.

10. Economic Analysis of Law – Another business and law related course that can help you navigate the sometimes-complicated business laws that exist.

11. Computing, Audio, and Music – If you think you can’t expand a business without investing time in technologies. Being proficient at computing, as well as any alternative technologies can give you an edge over the competition.

12. Taxes and Business Strategy – Taxes are part of any business. You can always hire someone to help you, but knowing a little about taxes can also be extremely helpful. Business strategy is, once again, something solid to have a background in if you have lofty goals for your organization.

13. Language and Mind – Depending on how in-depth you wish to get in your language knowledge, this course can be very useful for further expanding your understanding of other languages. The goal in taking such a course would be top increase fluency to a point where it is quite the boost to your business.

14. Modern Technology – Offered by the University of Winnipeg, this is another technology class that can make sure you are always with the times when it comes to technology and your business.

15. Sociology – Some may wonder what sociology has to do with business. Sociology can be a tremendously useful when trying to reach customers with the end-goal of growing the business.

16. Principals of Microeconomics – A basic course that helps to give the foundation for Microeconomics.

17. Principals of Macroeconomics – Another basic course that helps to give the foundation for Macroeconomics.

18. Entrepreneurial Finance – Knowing the financial aspects from an entrepreneur context can really help your business. Business is a lot more than revenue minus expenses equals profit.

19. Business Analysis Using Financial Statements – Being able to analyze where your business has come from and where it’s going is one of the best things you can do. In order to grow your business you need to be able to assess what has worked, and what could be improved. Some people think analytics to be a lost art form. Get a leg up on the competition by proving them wrong.

20. Information Technology Essentials – Going off of other technology courses, learning IT can be quite the boon to one’s fledgling business. Discovering new ways to be organized, meet goals, make goals, and generally interact with your customers can certainly help your business grow by leaps and bounds.

Growing a business isn’t impossible. While it is an extremely daunting task, if you have the knowledge, it can be much, much easier to do. Taking some of these free open courseware classes can provide you with that essential knowledge. If one were to ask Steve Jobs, Donald Trump, or another highly successful business person what he could change about his path, he or she might mention wanting to have had more business-centric knowledge before embarking on risky business ventures. Get a leg up on the competition with superior knowledge, and you’ll find it was worth it to donate your time to free open courseware.
 

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Everybody knows that getting any college degree can drastically increase your earning potential. Someone who has an MBA can earn substantially more than someone with just an undergraduate degree. However, there are plenty of people out there who think that only traditional Brick and Mortar education programs are worthwhile. The fact is, there are quite a few myths concerning getting an online education, especially about a degree as prestigious as a Masters in Business Administration. With that being said, I am here to debunk 12 of those myths about online MBA degrees.

1. An online degree isn’t as respected as a traditional degree – The next time someone tells you this, you ought to laugh in their face. Online MBA degrees are very respected by many businesses around the world. Just because you didn’t physically attend class doesn’t mean you didn’t attend class. Online degrees cannot be obtained without doing coursework and studying. Most online institutions are fully accredited and recognized as legitimate. This logic also loses weight when one considers that there are schools, which offer both on-campus, and online degrees. The degree would hold the same weight regardless of where it was earned. Contrary to popular belief, many traditional schools are embracing the online atmosphere. Some even have MBA blogs now.

2. Online MBA schools are all scams – This is another one of the outrageous claims detractors will try to cite as fact. This myth is believed by many because of people’s inherent distrust of many things on the internet. While it is true you need to be careful to see if the school is accredited, what others say about it, etc. It is not true that any online schooling is a scam. If a school was handing out bogus degrees, and no graduates were getting jobs, they wouldn’t be in business very long. You should always research the school before enrolling, but don’t let horror stories keep you from pursuing all options.

3. Professors who teach online classes are not as educated as professors in traditional settings – This myth loses weight right at the start. Many professors who teach online classes ALSO teach in traditional classroom settings. Online professors have just as much education as professors in brick and mortar institutions. You will find that they know just as much about their subjects as any other specialized professor. Some may wonder why a professor would choose to teach online. The answer is simple. Some professors may like being able to conduct classes from home. Others may like being able to teach a class when they have a semester off in a traditional university.

4. You won’t learn as much in an online setting – That’s like saying you won’t be as interested in the Superbowl with your home team in it if you aren’t actually there. The game will still be exciting, and you’ll still want your team to win. Online classes and universities make every effort to make learning engaging for students. While you miss out on actually being in the room with the professor, many classes offer video feeds so you can watch the professor talk (if you are a more visual learner). Depending on the program, there may be a wide variety of exercises designed to generate discussion and thought.

5. Online degrees cost more than traditional degrees – I’m not quite sure how this myth got started, as it goes against a huge benefit of online education. Online degrees are typically much cheaper than a traditional degree. This is great for persons who may have had misgivings about pursuing an MBA because of the financial implications (not everyone is fortunate enough to have their company pay for their MBA). Also, you won’t have to worry about living close to campus. This will make your college housing decisions much easier.

6. Companies won’t pay for an online MBA – Every company is different, but it’s a myth to say that a company won’t reimburse you if you’re getting your education online. One of my friends recently obtained his MBA online, and it was paid for by his company. If you think about the benefits, it makes perfect sense that a company would be willing to pay. An online education gives you the flexibility to still be able to work almost full time, while also learning new things that increases your usefulness to the company. Also, with online degrees often being substantially cheaper than a traditional degree, it makes perfect sense for them to be open to the idea.

7. You won’t be able to interact with your peers in an online setting – This is just another unfounded myth propelled by people who have never taken an online class. Most online classes make extra efforts to be interactive because of the absence of a physical presence. Many MBA degree programs online offer chat rooms, message boards, and other means for students to ask questions and exchange ideas. Much of business is about effective communication, and this can be accomplished in online settings.

8. Tests are easier online – While to some this may seem like a myth that shouldn’t be debunked, alas, I must. While tests can be perceived as easier because you can have greater access to certain materials, many classes may limit this, or off-set it by having more opinion-based essay tests and the like. Online programs may also lock you into a timed test which can limit your ability to look things up.

9. Online classes are unreliable because of internet and electricity issues – While technology can sometimes let people down, it would be a rare event indeed if it resulted in issues for an online class. One of the benefits online MBA programs offer is flexibility. If you have a power outage, you may not have a specific class time, so you can easily log-on later, or at the very least find another computer to use, or place to go.

10. You cannot specialize as much with an online MBA – Quite contrary to what some people might say, you can certainly specialize in a wide variety of areas with an online MBA. In many cases, the variety of degree focus is much higher in online institutions. If you are interested in a particular area of business, and do not want just a generic degree, then getting your education online is a good idea.

11. There will never be any hands-on experiences if you get your degree online – While there are some programs that will be entirely online, a large amount of MBA online programs require at least a bit of on-site learning. Some programs require students to do presentations or projects in a traditional classroom setting as part of their final grade. Others have on-site requirements in order to graduate. Whatever the case may be, there are many opportunities available for real, hands-on, experience, even if it’s an online class.

12. If you get an online MBA, you won’t be as successful as someone who got an MBA from a highly ranked university – Success is something all people strive for, and so it seems natural that someone wanting you to not take an online class would cite a lack of success. The truth is, that getting an MBA in and of itself is a success. Whether it’s done online or in the classroom makes no difference. People can be just as successful with educations that aren’t ranked in the US News and World report as people who are at ranked schools.

Too many people listen to negative opinions rather than taking the time to research things for themselves. If you decide to pursue an online MBA degree, chances are, you’ll hear at least one of these myths. If that happens, you can debunk it right in front of the person who said it. An Online MBA Degree is a great, practical decision that many people can make. No matter where you go, getting an MBA is a great choice and can drastically increase your earning potential and help your career.
 

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If you are considering going into business for yourself and using the Internet as your vehicle, then you will want to ensure you have the best background possible to make your venture a success. With open courseware readily available, there is no reason why you can’t provide the knowledge for yourself that many business students gain from some of the top universities in the world. The following open courseware selections will give you the edge when it comes to knowing about business.

Marketing

Every entrepreneur needs to know about marketing if he intends his business to become popular enough to make it. These courses will help you learn what you need to know about marketing.

1. Introduction to Marketing. An excellent place to start for those just starting out in marketing, this course covers all the basics.
2. Marketing Management. This introductory course offers a basic overview of the concepts of marketing and is a great place to start before moving to more advanced marketing courses.
3. Marketing Strategy. This course looks at marketing in conjunction with the strategy for a company as a whole. The course is recommended for entrepreneurs, consultants, project managers, and investment analysts.
4. Entrepreneurial Marketing. Focusing on the general concept of marketing problems, this course examines basic marketing and new venture issues to help the student learn to have a better understanding for her specific needs.
5. Special Seminar in Marketing: Marketing Management. Teaching students the basics of marketing ideas and phenomena as well as honing students’ abilities for market analysis and planning are the high points of this seminar.
6. Strategic Marketing Management. Understanding the market (rather than the customer) is the focus of this course, which will teach the skills necessary to complete a marketing research survey.
7. Listening to the Customer. This is the companion course to Strategic Marketing Management where the needs of the customers are examined in terms of marketing.
8. e-Marketing. This course, in Spanish, teaches about marketing on the Internet as well as using it in conjunction with more traditional marketing techniques.
9. Marketing Communications As a Strategic Function. This course covers the basic arguments for marketing communications as an important strategy, the changing role of communications, and customer preferences.
10. The Market-led Organization. Looking at both understanding marketing orientation and managing a market-led organization, this course examines the benefits of market-led organization.

Finance

From how to gain capital in the early stages of your business venture to learning about investments and equity finance, these courses will help you get a handle on anything financial.

11. Early Stage Capital. This course offers lessons on start-ups and early stage capital generation with a focus on building relationships with investors and advisors.
12. Entrepreneurial Finance. Entrepreneurs and venture capitalists will benefit from this course that looks at raising money for technology-based companies and the early stages of development.
13. The financial markets context. This course examines financial markets as well as the Efficient Markets Hypothesis.
14. Financial Management. Take a look at corporate finance and capital markets in this course, which relies heavily on using empirical research in managerial decisions.
15. Investments. With an analytical approach, this course teaches how to make sound financial investment decisions based on financial theory and empirical evidence.
16. Equity Finance. Learn all about equity in both the public and private sector in this course that brings a decidedly international flair to the information.
17. Introduction to the context of accounting. Learn all the basics of accounting in this course.
18. Business Analysis Using Financial Statements. The purpose of this course is to prepare the student to successfully use financial statements as a tool to understand and place a value on businesses.
19. Fundamentals of Personal Financial Planning. Getting personal finances in order and planning for the future has an impact on your business as an entrepreneur. Learn the basics to get you off to a great financial start with this course.
20. Investment Risk. This course focuses on risk aversion, qualifying risk, risk factors, and discounted cash flow and the net present value rule.

Economics

Knowing the basics and beyond when it comes to economics will give you a huge lead in business. These courses cover everything from introductory courses to statistics for economics to economics for managers.

21. Introduction to Economics. This course offers the basics in economics with topics such as the history and principals of economics, public vs. private sectors of the U.S. economy, and more.
22. Introduction to Statistical Method in Economics. If you plan to know much about economics, you must have a solid foundation in statistics in order to make sense of the data you will be reviewing. This class provides the tools you need specifically to analyze economic data.
23. Economic Analysis for Business Decisions. This course examines the topic of microeconomics and teaches basic analytic tools to help the student make smart economic decisions.
24. Principles of Microeconomics. This is a great basic course to get a foundation for the concept of microeconomics.
25. Principles of Macroeconomics. Focusing on macroeconomics in the U.S. as well as other economies, this course provides the basics in macroeconomics.
26. Behavioral Economics and Finance. This course looks at a wide variety of topics that incorporate psychology into economics.
27. Applied Economics for Managers. Examining the results of scarcity on the market, this course teaches ways economists study consumer reactions to these allocations as well as the markets’ response to these reactions.
28. Special Topics in Economics: The Challenge of World Poverty. Thinking about the various potential agents of change for world poverty and who ultimately is responsible, this course offers a thought-provoking opportunity to examine the possibility of impact on poverty through economics.
29. Applied Macro- and International Economics. Using case studies, this course takes a look at the macroeconomics of businesses.
30. International Economics. This course offers an introductory look at international trade theory, policy, and international finance.
31. International Political Economy of Advanced Industrial Societies. This advanced course examines international trade, international monetary and financial relations, and security.
32. Economics Research and Communication. This course will teach how to do original research on economic questions with a hands-on approach to the lesson.
33. Economic Applications of Game Theory. Take a look at Multiperson Decision Theory as it applies to economics. This course is heavy on mathematics as well.

Technology

If you plan on having a web-based business, then chances are good you will want to know as much as you can about business and technology. These courses will give you a wide base for the history and modern practices when it comes to business and technology.

34. Information Technology Essentials. This basic course offers an overview of technology concepts and trends, concepts, and hardware and software.
35. Internet Technology in Local and Global Communities. This course looks at programming, Internet technology, open source programs, and entrepreneurship and is a part of the MIT-African Internet Technology Initiative.
36. Data Mining. This course examines data mining methods that have evolved from both statistics and artificial intelligence and looks at recognizing patterns and making predictions with this information.
37. The Software Business. Specifically targeted at those founding or working for a software company, this course is a must for entrepreneurs who are interested in selling software.
38. Information Technology and the Labor Market. This course examines how information technology and computers have changed the American labor market.
39. Competition in Telecommunications. Examining the convergence of computers, cable TV, and telecommunication alongside the competition of the Internet within the market, this course offers lectures from leaders in the industry.
40. Innovation, markets and industrial change. With a heavy emphasis on technology’s impact on innovation and industrial change, this course examines the relationship between innovation, technology, and market changes.
41. Media Industries and Systems. This course examines the trends, audience, and creative process as forces shaping content in media industries and systems.
42. Technology for Professional Writers. This course teaches important technology skills with at focus on the writer’s perspective. Whether your entrepreneurial endeavor focuses on writing or not, it is highly unlikely you won’t need to draw on a combination of writing skills and technology at some point.
43. Information technology: a new era?. Take a look at technology and how it has impacted the economy, productivity, and more in this course.
44. Search Engines: Technology, Society and Business. Learn from a distinguished group of lecturers in the course that examines Internet searches and how they relate to business.
45. Practicum in Enterprise Security. Students participate in an opportunity to act as employees in charge of security for an online business in this course that teaches what you need to know about securing your online business.
46. The Anthropology of Computing. Take a look at the people behind computing from the early days to the modern world with issues such as hackers, privacy, and more.
47. New Global Agenda: Exploring 21st Century Challenges through Innovations in Information Technology. This course examines how IT development has affected globalization and international politics.

Management and Leadership

Being a good manager, understanding how to manage a business, and knowing how to become the person others look to for guidance are all important factors when owning your own business. These courses will tell you how to do all that and more.

48. Special Seminar in Management The Nuts and Bolts of Business Plans. Specifically targeted to entrepreneurs, this seminar looks at the basics of creating a business plan.
49. Communicating with Data. This course is designed to teach the student to think critically when looking at data so that decisions made for the business are firmly rooted in a solid understanding of the information.
50. Pricing. Looking at cases, this course aims to teach an understanding for pricing strategies and techniques for businesses.
51. Designing and Leading the Entrepreneurial Organization. With a focus on design and organizational behavior, this course teaches how to design, build, and grow a business.
52. Entrepreneurial behavior. This course looks at the definitions, qualities, function, and work styles of entrepreneurs.
53. Competitive Decision-Making and Negotiation. Learn negotiation tools and get plenty of practice using them in this course.
54. Advanced Corporate Risk Management. Examining how corporations make use of "insights and tools of risk management," this course teaches managing risk, liability management, and much more.
55. Management Communications for Undergraduates. A great course for polishing those managerial skills, the content includes a focus on writing, speaking, team work, and interpersonal relationship skills.
56. Managerial Economics. This course covers the basics of microeconomics as it pertains to management decisions and is a must for any entrepreneur.
57. Negotiation and Conflict Management. Learn negotiation theory, strategy, and styles in this class with both first and third party negotiations covered.
58. Organizational Management and Leadership. Find out management principles and techniques in this course that aims to teach what kind of management leads to a successful business.
59. Analyzing Projects and Organizations: How Organizations Behave. This course hopes to teach analytic skills in evaluating programs, projects, and organizations.

Strategy and Innovation

Staying ahead of the game with both a well-planned strategy and the ability to continually evolve with original ideas are both important aspects of running a successful business, and these courses will teach you how to do that.

60. Taxes and Business Strategy. Focusing on the unique combination of tax planning opportunities and tax strategies for a business, this course seeks to bridge a gap frequently found in both tax and finance courses.
61. Strategic Management in the Design and Construction Value Chain. Specifically targeted to students learning about real estate, construction, and architecture, this course offers management strategies for business enhancement.
62. Game Theory for Managers. This strategy course aims to teach managers the "game theory" and how to use it effectively when dealing with competitors, customers, and more.
63. The Sociology of Strategy. Rather than looking at strategy itself, this course examines such topics as the nature of competition and market interactions, organizational capabilities, and strategic change.
64. How to Develop "Breakthrough" Products and Services. Likely the goal of every entrepreneur, this course teaches how to create breakthrough products and services through concrete, systematic concepts.
65. Technology Strategy. This course is designed for those who will invest in or run a business where technology will play a major role and will cover investment planning and behavior of competition, suppliers, and customers.
66. Innovative Product Development. Examine new product development in the context of technology, the innovation process, and more in this course.
67. Too unimportant to fail? Innovations and competitive selection in markets. Learn about such topics as innovation and creativity in economies, the changing role of research and development, and much more.
68. Strategic view of performance. Find out what strategy is, learn market and research-based approaches to strategy, and begin to look at strategy as rational planning in this course.
69. Optimization Methods in Management Science. Learn how to optimize your management strategy in this course that looks at several different types of optimization theories.

The Global Community

If you are planning to do business on the Internet, then you must become familiar with the global community through economics, culture, development, and more. These courses will get you up to speed on international issues.

70. Planning in Transition Economies for Growth and Equity. This course examines the global shift from "centrally planned economies to market-oriented ones" with a focus on reconsidering many long-standing economic issues.
71. Developmental Entrepreneurship. By looking at historic examples of both failed and successful business ventures in developmental entrepreneurship.
72. Marketing, Microchips and McDonalds: Debating Globalization. Discussing what globalization means and the impacts it has on the global community, this course aims to give a firm foundation in understanding it’s impact economically, socially, and culturally.
73. Global Markets, National Policies, and the Competitive Advantages of Firms. This course looks at the fast-changing world of global markets and examines how national policies are no longer adequate for today’s global economy.
74. Capital Markets. This course focuses on global capital markets and teaches a working knowledge of investor relations.
75. The Politics of Global Finance Relations. This course examines the impact of globalization of finance on American politics and policy as well as international relations.
76. Media in Cultural Context. Learn about how culture defines itself through TV programs and how international markets are impacted by these identities and others perceptions of these identities.
77. International Trade. This course looks at international trade and finance as well as current topics such as globalization, free trade, and more.
78. International Relations: New Approaches in a Complex World. Learn about global economy, the World Trade Organization, Latin America, and more in this class that examines the changes that have taken place in the global business world.
79. Managing local practices in global contexts. This course covers a lot of ground as it examines several aspects of business in the global economy.
80. International Multilateral Negotiation. By looking at case studies, this course provides examples of several types of negotiation strategies and processes.
81. International Relations. Learn such important topics as international economy, values and attitudes, and global issues in this course that is a must for anyone dealing with international business contacts.
82. Economic Development, Policy Analysis, and Industrialization. This course teaches how government plays a role in developing countries that affects global business. One topic of interest is the introduction of the high tech industry in these countries.
83. Working in a Global Economy. This course examines global economy and the practice and policy changes that have occurred since the development of the current "new" economy.
84. Globalization, Migration, and International Relations. Learn about globalization and its impact on businesses and people around the world.

Women in Business

Women in business have a unique experience and perspective as this field has traditionally been one for men. Whether you are a woman entrepreneur or are a man who wants to gain another perspective when it comes to the challenges and successes of business, then these courses will give you the knowledge.

85. Enterprising Women Exhibition . Meet four successful business women and learn how they made it big in the world of business (part 1 of 4).
86. Entrepreneurship in Contemporary America. Find out what several American business women have faced in a field that has typically been a man’s realm (part 2 of 4).
87. Women without Money and Women as Commodities. Learn about how poverty, welfare, and bankruptcy affects women and then learn "the value of gender" as you study surrogate motherhood, the sex trade industry, and genteel marriage (part 3 of 4).
88. Women and Economic Development. Study women entrepreneurs across time and in various countries. There is also a strong focus on the women in India who developed the Self-Employed Women’s Association (part 4 of 4).
89. Technology and Gender in American History. Learn about the history and present-day presence of women in technology and how it shapes the field and society itself.
90. Gender, Power and International Development. Take a look at women in developing countries and how poverty, economics, and development effect women and men differently.

Law and Government

From copyright to privacy to international law, any smart business person will want to know the legal basics before starting her venture.

91. Law for the Entrepreneur and Manager. This law class aims to educate the learner in the basics of the legal issues that affect a business from start-up to going public.
92. The Law of Corporate Finance and Financial Markets. Focusing on mergers and acquisitions, the course also looks at financial services and financial markets in this introductory business law course.
93. Government Regulation of Industry. This course looks at firm behavior, economic regulation, and social regulation and the impact government has on business.
94. Justice. Looking at the ethics of societal justice, this course also examines some of the ongoing debate over the moral-political controversy.
95. Ethics and the Law on the Electronic Frontier. Law, policy, and technology come together in this course that discusses several timely topics concerning the Internet and law.
96. Introduction to Copyright Law. This course covers the basics of copyright law with a heavy emphasis on Internet-related topics.
97. Information Law and Policy. Find out about copyright law, protecting databases, licensing of information, privacy and much more in this course.
98. International Law. Get the basics of International Law in this course that covers such topics as dispute settlements, state responsibility, and international resource management.
99. Innovative Businesses and Breakthrough Technologies–the Legal Issues. This introduction to business law covers several areas of legal concerns ranging from the legal framework of R&D to intellectual property protections.
100. Business Law. This course looks at the "legal environment among businesses, government and consumers" with both a national and international approach to the topics.
101. Public Economics. This course examines the reasons for government involvement in the economy, the extent of that involvement, and reactions by private agencies to the involvement.
102. The Supreme Court, Civil Liberties, and Civil Rights. While studying the civil rights of citizens in America, this course also looks at privacy issues and the law of criminal procedure, which would be helpful for entrepreneurs to know before starting out.

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