Course

Course Summary

Credit Type:

Course

ACE ID:

MNDE-0010

Organization:

MindEdge Learning

Location:

Online

Length:

33 hours (52 weeks)

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Lower-Division Baccalaureate	3	Small Business Management

Description

Objective:

The course objective is to understand the most critical areas in small business management. Throughout nine segments, learners will explore the varied tasks, such as accounting, budgeting, business law, marketing, and project management, that small business owners must master to be successful. The self-paced course offers an assortment of interactive exercises, videos, case studies, and self-assessments that engage students and provide opportunities to practice business management skills.

Learning Outcomes:

Identify the advantages and disadvantages of starting a small business and describe how entrepreneurs craft business plans.
Recognize the role of budgets in measuring performance against goals and explain how to analyze them using variance analysis.
Identify and calculate various financial ratios and analyze financial statements to evaluate the health of a business.
Summarize management responsibilities related to employee recruitment, training, development, and performance evaluation in a small business environment.
Define a marketing plan, identify effective promotional tactics, and describe the stages of a project plan in a small business setting.
Identify major legal structures of business organizations and relevant areas of federal laws, employment law, and ethics in leadership.