July 2007

SBA and Trump University launch online training course

The U.S. Small Business Administration (SBA) and Trump University have teamed together to develop a new free online training course, titled “How to Start a Business on a Shoestring Budget.” The course is designed to help entrepreneurs understand how to take their small business ideas to market despite limited outside resources.

The SBA and Trump University have combined their resources, information, and experts to guide students through the essentials of planning and executing a business idea by bootstrapping, a common method used to minimize the amount of outside debt and equity financing needed from banks and investors. The course helps evaluate eight key areas of business start-up on a shoestring, including what it takes to make something out of nothing, market research for the budget minded, budget branding, and what to do when you outgrow your bootstraps.

The course is available through the SBA’s Small Business Training Network, which can be accessed at www.sba.gov/training.

Source: U.S. Small Business Administration, www.sba.gov

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