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Small Business Basics

Guides you through the operating and life cycles of small businesses. Learn the different small business industry types and identify their corresponding traits and financial needs. Explore small businesses’ legal structures and their corresponding traits, advantages, and risk profiles.

Duration: Approximately 20 minutes
Created: January 2018

What You'll Learn

After successfully completing the course, you will be able to:

  • ​Define the operating and life cycles that impact business operations
  • Describe the four common types of businesses
  • Describe the six ways a business can be structured legally


Bank personnel who have had limited exposure to the small business market but are responsible for servicing or selling to small business customers.

Course Credits

ABA Certificates: This course applies to the following certificates as part of the Fundamentals of Small Business Banking Suite:


Questions? Please contact for more information.




Suite Savings!
This course is also available as part of the Fundamentals of Small Business Banking Suite.

Purchase for a Team
To license this course to your bank for multiple learners, please contact ABA Training.​


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