Co-Contributor(s)
Cover
Units/Hours
Repeatability
Distance Education
General Education/Transfer
Requisites
Requisite Validation
Learning Objectives
Content
- The Challenge of Entrepreneurship
- The Foundations of Entrepreneurship
- Benefits and Drawbacks of Entrepreneurship
- The Cultural Diversity of Entrepreneurship
- Putting Failure into Perspective
- Inside the Entrepreneurial Mind: From Ideas to Reality
- Creativity and Innovation
- Barriers to Creativity
- Protecting Your Ideas
- The Foundations of Entrepreneurship
- Building the Business Plan: Beginning Considerations
- Designing a Competitive Business Model and Building a Solid Strategic Plan
- Building Competitive Advantage
- The Process of Strategic Management
- Conducting a Feasibility Analysis and Crafting a Winning Business Plan
- Feasibility Analysis
- The Value of a Business Plan
- The Elements of a Business Plan
- Forms of Ownership
- The Sole Proprietorship
- The Partnership
- Corporations
- Other Forms of Ownership
- Franchising and the Entrepreneur
- Franchise Types
- The Pros and Cons of Buying a Franchise
- Trends Shaping Franchising
- Buying an Existing Business
- The Steps in Acquiring a Business
- Evaluating an Existing Business
- Negotiating the Deal
- Designing a Competitive Business Model and Building a Solid Strategic Plan
- Building the Business Plan: Marketing and Financial Considerations
- Building a Powerful Marketing Plan
- Guerrilla Marketing
- Pinpointing the Target Market
- Market Research: Primary and Secondary Sources
- Managing the Customer Experience
- E-Commerce and the Entrepreneur
- Considerations before Launching into E-Commerce
- Strategies for E-Success
- Designing a Great Website and Tracking Web Results
- Web Privacy and Security
- Pricing Strategies
- Image, Competition, and Value
- Methods for Retailers
- Concepts for Manufacturers
- Methods for Service Firms
- The Impact of Credit on Pricing
- Creating a Successful Financial Plan
- The Importance of a Financial Plan
- Basic Financial Statements
- Break-Even Analysis
- Managing Cash Flow
- Cash Management
- Understanding Cash and Profit
- Avoiding the Cash Crunch
- Building a Powerful Marketing Plan
- Putting the Business Plan to Work: Funding and GrowingYour Business
- Sources of Financing: Debt and Equity
- Capital Requirement Planning
- Debt and Equity Financing
- Federally Sponsored Programs
- Small Business Administration
- Choosing the Right Location and Layout
- Location Criteria for Retail and Service Businesses
- Location Options for Retail and Service Businesses
- Layout and Design Considerations
- Global Aspects of Entrepreneurship
- Strategies for Going Global
- Barriers to International Trade
- International Trade Agreements
- Building a New Venture Team and Planning for the Next Generation
- Building with the Right People
- Creating Organizational Culture
- Management Succession
- Exit Strategies
- Sources of Financing: Debt and Equity
Assignments
Method of Evaluation
Objective quizzes and exams which demonstrate the student's ability to identify elements of strategic business plan development, discuss marketing and financial considerations; identify unique characteristics of an entrepreneur and the independently owned firm; discuss capital needs and identify financial sources; and describe sources of primary and secondary market research.
Reports and essays that demonstrate the student's ability to gather and analyze primary and secondary data as a part of feasibility analysis, to discuss advantages and disadvantages of the three basic forms of ownership, and discuss global considerations for entrepreneurs.
Instructor evaluation of student participation in class discussions that demonstrate the student's ability to analyze elements of a business plan and recognize potential concerns related to small business success.
STUDENT LEARNING OUTCOMES
Compare the advantages and disadvantages of business ownership forms, sole proprietorship, partnership, and corporations.
Describe sources of primary and secondary market research.
Describe why creativity and innovation are such an integral part of entrepreneurship.
Discuss the steps involved in subjecting a business idea to a feasibility analysis.
Evaluate a business idea using the business opportunity canvas.
Explain the role of customer experience management in small business environments.
Explain why and how s small business must create a competitive advantage in the market.
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Student Learning Outcomes
Required Texts
Library
Attached Files
Attach any required or supporting documents here. Supported file types include Word, PDF, Excel, and other similar file types.
Codes/Dates
Methods of Instruction
ASSIST
ASSIST Preview
- The Challenge of Entrepreneurship
- The Foundations of Entrepreneurship
- Benefits and Drawbacks of Entrepreneurship
- The Cultural Diversity of Entrepreneurship
- Putting Failure into Perspective
- Inside the Entrepreneurial Mind: From Ideas to Reality
- Creativity and Innovation
- Barriers to Creativity
- Protecting Your Ideas
- The Foundations of Entrepreneurship
- Building the Business Plan: Beginning Considerations
- Designing a Competitive Business Model and Building a Solid Strategic Plan
- Building Competitive Advantage
- The Process of Strategic Management
- Conducting a Feasibility Analysis and Crafting a Winning Business Plan
- Feasibility Analysis
- The Value of a Business Plan
- The Elements of a Business Plan
- Forms of Ownership
- The Sole Proprietorship
- The Partnership
- Corporations
- Other Forms of Ownership
- Franchising and the Entrepreneur
- Franchise Types
- The Pros and Cons of Buying a Franchise
- Trends Shaping Franchising
- Buying an Existing Business
- The Steps in Acquiring a Business
- Evaluating an Existing Business
- Negotiating the Deal
- Designing a Competitive Business Model and Building a Solid Strategic Plan
- Building the Business Plan: Marketing and Financial Considerations
- Building a Powerful Marketing Plan
- Guerrilla Marketing
- Pinpointing the Target Market
- Market Research: Primary and Secondary Sources
- Managing the Customer Experience
- E-Commerce and the Entrepreneur
- Considerations before Launching into E-Commerce
- Strategies for E-Success
- Designing a Great Website and Tracking Web Results
- Web Privacy and Security
- Pricing Strategies
- Image, Competition, and Value
- Methods for Retailers
- Concepts for Manufacturers
- Methods for Service Firms
- The Impact of Credit on Pricing
- Creating a Successful Financial Plan
- The Importance of a Financial Plan
- Basic Financial Statements
- Break-Even Analysis
- Managing Cash Flow
- Cash Management
- Understanding Cash and Profit
- Avoiding the Cash Crunch
- Building a Powerful Marketing Plan
- Putting the Business Plan to Work: Funding and GrowingYour Business
- Sources of Financing: Debt and Equity
- Capital Requirement Planning
- Debt and Equity Financing
- Federally Sponsored Programs
- Small Business Administration
- Choosing the Right Location and Layout
- Location Criteria for Retail and Service Businesses
- Location Options for Retail and Service Businesses
- Layout and Design Considerations
- Global Aspects of Entrepreneurship
- Strategies for Going Global
- Barriers to International Trade
- International Trade Agreements
- Building a New Venture Team and Planning for the Next Generation
- Building with the Right People
- Creating Organizational Culture
- Management Succession
- Exit Strategies
- Sources of Financing: Debt and Equity
- Describe the benefits and drawbacks of entrepreneurship.
- Describe why creativity and innovation are such an integral part of entrepreneurship.
- Explain why and how s small business must create a competitive advantage in the market.
- Discuss the steps involved in subjecting a business idea to a feasibility analysis.
- Develop a strategic plan for a business using the steps in the strategic planning process.
- Explain the advantages and the disadvantages of the three major forms of ownership: the sole proprietorship, the partnership, and the corporation.
- Describe sources of primary and secondary market research.
- Explain the role of customer experience management in small business environments.
- Explain the basic strategies entrepreneurs should follow to achieve success in their e-commerce efforts.
- Explain why "going global" has become an integral part of the marketing strategies of many small companies.
- Describe the importance of hiring the right employees and how to avoid making hiring mistakes.
- Reading
Assigned readings from texts that expand and enhance lecture topics. Assigned readings from Small Business Administration that clarify the role of entrepreneurship within the economy.
- Writing
Student application journal integrating assigned reading with personal experiences or observations Papers and essays on topics such as identifying and explaining feasibility analysis, the strategic planning process; forms of ownership, strategies for marketing; sources of financing, global aspects of entrepreneurship, location, and exit strategies.
- Oral Assignments
Interview small business owners in the community and to evaluate the critical elements of their success within the market.
- Other Assignments
Interview small business owners in the community and to evaluate the critical elements of their success within the market.
