Frequently Asked Questions

What Kind of Program Is It?

If you're someone who likes to be in charge or you've dreamt of becoming your own boss, Penn Foster's online Small Business Management Career Diploma can help you take the next steps toward the career you want. This program can prepare students to start or manage a small business in a variety of industries, from retail to service-focused businesses. Through flexible online classes, you can learn how to start and manage a successful small business from home.

What Will You Learn?

• How to develop and draft a business plan according to a five-part comprehensive structure.
• How to establish an effective marketing strategy that includes an advertising platform and a public relations campaign.
• How to understand the range of legal regulations that affect starting a new business including licenses, zoning approvals, and basic tax knowledge, and apply these to a business plan.
• How to retain the right employees, including strategies to manage a team.

What Could I Do After I Graduate?

Advanced Degrees

Upon completion of the program, you could pursue an advanced degree to help expand your small business management skills or learn new skills that may help you pursue a related job position in a variety of industries. For example, lodging managers don't always need a formal degree if they have years of work experience in the field, but some employers do require them to have formal education. The same goes for food service managers.

• Bachelor of Business Administration
• Bachelor of Hospitality and Tourism Management
• Bachelor of Business Administration - Small Business Management and Entreprenuership