May 04, 2024  
2022-2023 Catalog 
    
2022-2023 Catalog [ARCHIVED CATALOG]

BUSN 203 - Business Development


PREREQUISITES: BUSN 105 - Principles of Management  and MKTG 101 - Principles of Marketing  and ACCT 102 - Managerial Accounting .
PROGRAM: Business Administration
CREDIT HOURS MIN: 3
LECTURE HOURS MIN: 3
DATE OF LAST REVISION: Fall, 2013

Explores business operations for the self-employed or as a manager of a small business enterprise. The course includes: covering the role of entrepreneur and manager; selecting the appropriate business organization; developing plans and strategies for small, medium, and growing firms; securing financing for start-up and growing operations; exploring growth opportunities; and successfully managing human and material resources

MAJOR COURSE LEARNING OBJECTIVES: Upon successful completion of this course the student will be expected to:

  1. Identify and describe the key characteristics of an entrepreneur and their roll in small business.
  2. Explain the functions of management as they relate to small business.
  3. Explain the effect of different forms of ownership, franchising and other variables when considering business opportunities.
  4. Assess the requirements and planning associated with preparing the financial statements needed for an investment package.
  5. Discuss the tax implications for a small business.
  6. Describe the need for controls as they relate to purchasing, inventory, and loss control.
  7. Describe personnel, marketing, financial (tax/payroll/accounts), and logistical considerations as they relate to the entrepreneurial firm.
  8. Discuss government laws and regulations as they relate to the small business environment.
  9. Design and prepare a business plan.


COURSE CONTENT: Topical areas of study include -  

  • Entrepreneurship
  • Small Business
  • Forecasting
  • Forms of Business Ownership
  • Financing
  • Financial Statements
  • Business Plans
  • Management Functions
  • Franchising
  • Tax Laws

 
Course Addendum - Syllabus (Click to expand)