Entrepreneurs may consider taking college courses
June 11, 2012
Though many small business owners hold a degree from a university, it is never too late to go back for a few extra courses. While busy leaders may not have the time or resources to support going back to campus to take classes, there are many opportunities available to learn something new about the business or update prior knowledge to keep up with the times.
Taking courses, either in person or online, could greatly benefit a business owner who wants to learn the ins and outs of using their accounting software. An educator could teach the individual about how to take advantage of the program and how best to handle company finances.
Expand accounting background
According to corporate educational resource BusinessDictionary, owners of a company of any size could see advantages to taking classes. The source noted taking a bookkeeping course might be a good idea for the leader of a smaller firm, because a lack of knowledge in that area has caused many companies to fail.
Taking an extra accounting class can also help an owner figure out what program would work best for his or her business, as well as how to maintain it, BusinessDictionary noted.
Internet as educational forum
Because owners of small businesses are typically very busy fulfilling various roles and undertaking duties, the internet could be a great resource for those looking to further their education within their field. Entrepreneur Magazine reported leaders can earn higher degrees using their computer, including MBAs.
Using the internet could allow small business executives to continue taking on responsibilities while learning. Without the resource, "an entrepreneur has to consider the lost revenue of leaving his or her startup for two years," Jeremy Johnson, online degree expert, told Entrepreneur.
Taking classes with peers on the internet could also greatly expand networking opportunities.
Best course offerings
According to online education guide DegreePivot, there are a number of courses in different fields that could benefit a small business owner. In particular, the source notes accounting classes are diverse and very lucrative, as they could improve personal and company record-keeping practices. The source noted that those with an administrative position in a firm should think about educating themselves in this field, as even the smallest error could have adverse consequences with authorities, partners or clients.
No matter the nature of the small company or the role of the owner, he or she should consider taking on coursework in business management, marketing, communications, law, math and merchandising, DegreePivot suggested.