Online Class: Retail Business 101

Name: Retail Business 101
Price: 95.00 USD

By going through this Retail Business course you will discover whether or not you have the true entrepreneurial spirit to leave the corporate world and all that goes with it, and enter into your new world of Business Owner.

$95.00
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$120.00
with CEU Certificate*

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$120.00 (with CEU Certificate)

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11

Lessons
17

Exams &
Assignments
446

Students
have taken this course
5

Hours
average time
0.5

CEUs

Course Description

The idea of running one's own business is the dream of hundreds of thousands of Americans. The reasons for opening your own business are myriad; to be your own boss, to set your own hours, to do what you want to do, to provide a product or service where you perceive a need, to follow your passion.

Any one of these reasons are good ones for opening your own business. There are really only a few real reasons for not just jumping into the process and opening your doors to new customers and your heart to an entirely new and wonderful way of life. The biggest reason is fear; fear based on lack of information. When you do not know how to do something, there is underlying fear that it will likely be done wrong.

In order to tackle your fear, you need knowledge and that is what this course on Retail Business will give you. By going through Retail Business you will discover whether or not you have the true entrepreneurial spirit to leave the corporate world and all that goes with it, and enter into your new world of Business Owner. The beauty of being a business owner is that you will never be bored, you will spend time doing the things that you love, and perhaps even with the people you love if you decide to join forces.

This course will take you through the lists of things that you need to do or consider before you open your doors. Once you have completed the course, you will have enough information to decide whether or not business ownership is for you.

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Completely Online
Self-Paced
Printable Lessons
Full HD Video
6 Months to Complete
24/7 Availability
Start Anytime
PC & Mac Compatible
Android & iOS Friendly
Accredited CEUs

Universal Class is an IACET Accredited Provider

Course Lessons

Average Lesson Rating:

"Extraordinarily Helpful"

(444 votes)

Lesson 1 : So you want to be a retailer?

64 Points

Individually owned retail businesses are among the fastest growing in the country. Determine what type of business is best suited to your interests, expertise, and goals.

Lesson 1 Video
Lesson discussions: It's a Matter of Importance; Reasons for Taking this Course
Complete: Lesson 1 Assignment
Assessment: Quiz for Lesson 1 : So, you want to be a retailer?

Lesson 2 : Your Options and the Competition

60 Points

Overcoming fear and uncertainty is a major hurdle for many who dream of opening their own retail business. This lesson will teach skills and methods to help you achieve your goals. Additional lesson topics: Getting Ahead of the Competition

Lesson 2 Video
Assessment: Quiz for Lesson 2 : Your Options and the Competition

Lesson 3 : Developing a Business Plan

58 Points

Before you take steps to open a retail business, you need to have some sense of direction. A business plan is an essential part of the planning process. Learn how to develop a "blueprint" for your business.

Lesson 3 Video
Assessment: Quiz for Lesson 3 : Developing a Business Plan

Lesson 4 : Structure of Your Business

50 Points

Okay, you're the boss. Now what do you do about expenses and tax obligations? As your business grows, you may decide to form a partnership, incorporate, or form an LLC. This lesson offers the basics of each.

Lesson 4 Video
Assessment: Quiz for Lesson 4 : Structure of Your Business

Lesson 5 : Location, Location, Location

54 Points

Location is vital for the success of any business endeavor. This does not mean that the busiest street in your city is the best for your business. This lesson will show you how to determine the best location for your business.

Lesson 5 Video
Lesson discussions: Location is the Key
Complete: Lesson 5 Assignment
Assessment: Quiz for Lesson 5 : Location, Location, Location

Lesson 6 : Merchandise

58 Points

Understanding how vendors and suppliers stock your store and how to purchase and price such goods is one of the foundations of delivering value and setting price points for resale to your potential customers.

Lesson 6 Video
Lesson discussions: And the Winner Is...
Assessment: Quiz for Lesson 6 : Merchandise

Lesson 7 : Designing the Store

62 Points

How you display your products will have a great deal to do with your ultimate success in attracting customers. Product placement and attractive displays utilizing floor space and window treatments will appeal to and entice customers.

Lesson 7 Video
Complete: Lesson 7 Assignment
Assessment: Quiz for Lesson 7 : Designing the Store

Lesson 8 : Marketing Issues

49 Points

Marketing is important because it alerts consumers that you are open for business. Not only is marketing vital for building clientele, it's an investment that should not be overlooked. Various marketing methods are explored in this lesson.

Lesson 8 Video
Assessment: Quiz for Lesson 8 : Marketing Issues

Lesson 9 : Staffing

52 Points

Finding honest, reliable employees is an important part of managing your retail business. Learn what to look for when hiring and create a loyal workforce for optimal success.

Lesson 9 Video
Complete: Lesson 9 Assignment
Assessment: Quiz for Lesson 9 : Staffing

Lesson 10 : Training and Motivating

42 Points

Happy employees mean happy customers. Adequately training employees and keeping them motivated is essential to ensure a smoothly functioning business and enhance communication with customers.

Lesson 10 Video
Assessment: Quiz for Lesson 10 : Training and Motivating

Lesson 11 : Will We Make It?

483 Points

Determining whether you are or will continue to be, successful as a retailer depends on several factors. These factors are addressed in this concluding lesson.

Lesson 11 Video
Lesson discussions: What do you think about this course?; Program Evaluation Follow-up Survey (End of Course); Course Comments
Complete: Lesson 11 Assignment
Assessment: Quiz for Lesson 11 : Will We Make It?
Assessment: The Final Exam

1032

Total Course Points

Learning Outcomes

By successfully completing this course, students will be able to:

Define what is a retail business and whether or not it is right for you.
Summarize your options and the competition.
Develop a business plan.
Structure your business.
Define location, location, location.
Describe merchandise.
Describe designing the store.
Describe marketing issues.
Summarize staffing.
Describe training and motivating.
Demonstrate mastery of lesson content at levels of 70% or higher.

Additional Course Information

Document Your Lifelong Learning Achievements
Earn an Official Certificate Documenting Course Hours and CEUs
Verify Your Certificate with a Unique Serial Number Online

View and Share Your Certificate Online or Download/Print as PDF
Display Your Certificate on Your Resume and Promote Your Achievements Using Social Media

Course Title: Retail Business 101

Course Number: 7550124

Lessons Rating: 4.56 / 5 Stars (444 votes)

Languages: English - United States, Canada and other English speaking countries

Category:

UniversalClass.com > Business > Management

Availability: This course is fully available online in all 50 states, including California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, and Georgia. It’s also offered in major English-speaking countries, such as the United Kingdom, Canada, Australia, and Ireland.

Last Updated: January 2024

Course Type: Self-Paced, Online Class

CEU Value: 0.5 IACET CEUs (Continuing Education Units)

CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).

Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned.

Assessment Method: Lesson assignments and review exams

Course Fee: $120.00 U.S. dollars