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Admission Requirements
Assessment Submission
Small Business Digital Readiness Diagnostic
Find out how digitally ready your business is through this free Small Business Digital Readiness Diagnostic. It will help you holistically assess your business across six key strategic dimensions, benchmark yourself against industry best practices, and obtain expert recommendations.
Requirements
All applicants must complete the Course Requirement Course to be eligible for Palmetto Leadership Institute: Minority Empowerment Program Scholarship.
Complete Application
Summer Session Starts June 30, 2022.
Application Dateline Date June 1, 2022
120 Day Courses
Course Requirements
Essential Collaboration and Communication
Essential Collaboration and Communication
All participants must complete the course requirement course to participate in the 120 Day MEP Program. The following requirements include:
All Participants must have a valid Ringcentral account and connect with the 120 Day Training Teams. At the completion of the Essential Collaboration and Communication must purchase a Ringcentral MVP Plan for their business to continue in the program.
- All participants must attend all collaboration Ringcentral Webinars Scheduled.
- All communication with instructors must be done through Ringcentral
- All participants must post daily to the Ringcentral Teams Course Discussion Board.
- All participants must have a business laptop dedicated only to their new business.
- All participants must create a GIG WEBHOSTING ACCOUNT AND PURCHASE DOMAIN FOR BUSINESS. (if you already have a GIGWEBHOSTING ACCOUNT WITH DOMAIN, this requirement does not apply )
- All participants must have valid Gmail account.
Essential Collaboration and Communication
Essential Collaboration and Communication
Essential Collaboration and Communication
The course will focus on the utilization of Ringcentral Communication Technologies and Google Suite Application for Business for Startups:
- Understanding how important Ringcentral MVP is to developing your new startup
- Understanding Ringcentral Messaging and its application in your business back office
- Understanding Ringcentral Video Conferencing to increase your customer service and service reach.
- Understanding Ringcentral Phone System
- Understanding Ringcentral Team Integration: Ringcentral Webinar, Ringcentral Rooms.
- Using Ringcentral Technologies in the field for Startups
- Understanding Google Suite for your business
- How to utilized Google Suite to organize and improve your back office
- Utilization of Google Calendar for your daily business schedule
- Utilizing Google Drive to organize your business documentation
- Utilizing ting Google Calendar with Ringcentral
Understanding Business Structures
Essential Collaboration and Communication
Understanding Business Structures
Understanding Company Structure for Start-ups
Upon completing this course, you will be able to:
- Select which structure fits your business objective
- Distinguish between the three most common types of business structures
- Learn the definition, advantages and disadvantages of each business structure as it applies to your business
- Understand the liability, rights, and restrictions of different structures
- Understand two other types of business forms, limited liability companies and franchises option for your business model.
- Explain how the legal structure of a company affects the lending process lending decisions and access to capital.
- Selection of the right business structure for your startup
Importance of Registered Agent
Capability Statement Development
Understanding Business Structures
The course will provide a understanding of the importance of registered agent service for your startup.
- Understanding the Legal Requirements of being the Registered Agent for your start-up
- Understanding Official Mail Responsibilities
- Your Privacy and Potential Personal Liabilities
- Understand normal business hours requirements
- Understanding the different Registered Agent Services and Cost
Capability Statement Development
Capability Statement Development
Capability Statement Development
The course will provide an understanding of developing your capability statement for your startups.
- How to development professional specification sheet
- Development of Vital information at a one-shot glance that is efficient, informative, and attractive for your website
- Understanding how to showcase your products and services for State, Federal and Local government.
- Understand and Development Core Competencies
- What is Differentiators in your business model
Personal Budget 101
Capability Statement Development
Capability Statement Development
The course will provide understanding and application to personal finance and budgeting.
- Understanding The Basics of Personal Finance
- Impact of your personal finances on your Start-Up
- Understanding Personal Cash Flow
- Developing a Personal Finance Budget
- Understanding the Maximum amount you can invest in your business.
- Combining your finances with your spouse/partner to achieve success
- Eliminating separation with your spouse/partner
- Establishing a emergency savings funds.
Personal Finance Vs Business Finance
Business and Personal Taxation Basics
Personal Finance Vs Business Finance
The course will provide understanding of how to leverage your personal finance capability to start your business.
- How to maintain excellent personal credit in preparation for business personal guarantees.
- Understand what credit score is required to obtain business finance opportunities.
- Separating your personal expenses from your business.
- The tax impact of drawing money from your business.
Understanding Business Cash Flow
Business and Personal Taxation Basics
Personal Finance Vs Business Finance
The course will provide understanding of how to leverage your personal finance capability to start your business.
- How to maintain excellent personal credit in preparation for business personal guarantees.
- Understand what credit score is required to obtain business finance opportunities.
- Separating your personal expenses from your business.
- The tax impact of drawing money from your business.
Business and Personal Taxation Basics
Business and Personal Taxation Basics
Business and Personal Taxation Basics
The course will provide an understanding the taxation impact of your startup structure.
- Understanding the diference between S-Corp and C-Corp.
- Understanding Sole Prioperior and Schedule C
- Understand LLC tax designations when starting the company
- Assets Depreciation Strategy
- All transaction flow into Tax Preparation
- Understanding the necessary documents required for tax filing.
- Understaning your Balance Sheet and Profit and los statement flows into your tax filing.
- Using Quickbook Online to organize your tax documents.
- Utilizing Quickbooks Online in preparation for audit
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