Course

Course Summary
Credit Type:
Course
ACE ID:
SAYA-0049
Organization's ID:
BUS305: Small Business Management
Organization:
Saylor Academy
Location:
Online
Length:
Self-Paced (98 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 entrepreneurship
Description

Objective:

The course objective is to introduce learners to entrepreneurship and business planning. This course is geared towards both the eclectic mix of individuals planning to develop and launch their own businesses as well as those with established small business ventures that they would like to expand. We will begin by reviewing the history of small business and identifying a successful entrepreneur's characteristics. The course will then coach you in some basic business skills, teaching you how to write a business plan, launch a new venture, identify market opportunities, create a marketing plan, and finance a business. Finally, the course will also review aspects of building a successful team.

Learning Outcomes:

  • analyze when a business idea is a viable entrepreneurial venture using the characteristics of the world's most successful entrepreneurs
  • determine optimal entrepreneurial growth strategies in the context of different types of small business structures
  • infer the importance of business ethics and potential legal implications associated with entrepreneurial ventures
  • identify best practices for effective team building and managing employees as a small business owner
  • create a formalized business plan and marketing plan
  • illustrate the role of technology in an entrepreneurial venture
  • describe the importance of fundamental accounting systems and the value provided to small business owners, and the significance of small business taxes
  • summarize the ideal options for financing a business venture
  • identify ideal exit strategies available to small business owners

General Topics:

  • Elements of entrepreneurship
  • Building the right team
  • The business plan
  • Marketing strategy
  • Financing the new venture
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Other
  • Quizzes
  • proctored final exam

Minimum Passing Score:

70%
Supplemental Materials