Course Description
This course exposes students to the knowledge needed to start their own business from a personal, professional, and emotional perspective. The class provides basic understanding of how to become an entrepreneur, locate opportunities, and why a business plan is an entrepreneur's best friend. AAS: Business elective.
Topical Outline
- Foundations of entrepreneurship
- Ethics and social responsibility
- Ideas to reality
- Conducting a feasibility analysis and design a business model
- Crafting a business plan and building a solid strategic plan
- Forms of business ownership and buying an existing business
- Franchising and the entrepreneur
- Building a powerful bootstrap marketing plan
- E-commerce and the entrepreneur
- Pricing and credit strategies
- Creating a successful financial plan
- Managing cash flow
- Sources of financing equity and debt
- Choosing the right location and layout
- Global aspects of entrepreneurship
- Building a new venture team and planning for the next generation
At the end of this course, students will be able to:
- Explain the fundamentals of Entrepreneurship.
- Demonstrate tasks that need be completed at particular stages of the entrepreneurial process.
- Present a coherent picture of the development and testing model through a step by step process.
- Manage risk management and successfully plan for leadership succession.
- Plan and execute appropriate investment strategies reflecting a shifting of the venture capital community in response to the economic environment.
- Develop a structurally sound business plan.
General Education Distribution Area
AAS Business Elective