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May 04, 2024
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2022-2023 Catalog [ARCHIVED CATALOG]
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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:
- Identify and describe the key characteristics of an entrepreneur and their roll in small business.
- Explain the functions of management as they relate to small business.
- Explain the effect of different forms of ownership, franchising and other variables when considering business opportunities.
- Assess the requirements and planning associated with preparing the financial statements needed for an investment package.
- Discuss the tax implications for a small business.
- Describe the need for controls as they relate to purchasing, inventory, and loss control.
- Describe personnel, marketing, financial (tax/payroll/accounts), and logistical considerations as they relate to the entrepreneurial firm.
- Discuss government laws and regulations as they relate to the small business environment.
- 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)
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