Cohort training is defined as training for two or more participants in a variety of topics related to starting, growing, and or strengthening a small business. Typically, there are nine topics covered during cohort training, which are listed below.
Outcome Tracking: For cohort training, you must enter the number of hours of training. If the training participant received a financial incentive, enter the amount of the financial incentive in SmallBusinessCentral when entering the service end date.
| Cohort Training Type | Definition |
|---|---|
Accounting & Financial Analysis
Analyzing financial performance of a business, recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results. May include financial coaching.
Business Operations
Starting new or expanding online business operations, developing & implementing key performance indicators, supply chain strategies, retail & distribution strategies, production, procurement, quality assurance, & customer service.
Business Planning
A document setting out a business’s future objectives and strategies for achieving them.
Access to Financing, Grants & Loans
Includes assistance with understanding different types of small business financing, including loans, grants, and other sources both traditional and non-traditional. May include how to fill out loan and grant documents.
Legal Services
Includes consumer rights, commercial tenant rights, intellectual property, lease development & negotiation, contracts, liability issues, employment law.
Marketing and Sales
Developing marketing, sales, and branding strategies. This includes digital marketing and E-Commerce, developing business logos & graphics.
Real Estate and Lease Assistance
Commercial vacancy assistance, leasing assistance, brokerage services, business attraction and retention services.
Regulatory Compliance & Permitting
Business compliance related to laws, regulations and other rules that govern businesses. Includes labor and safety regulations.
Startup Assistance
Assistance with opening a new business, includes starting an online business, business registration, selecting a business structure.
Other
Any type of training not covered by the other nine types. When using other please describe the type in the