BUS305: Small Business Management

Description

This course will introduce you to entrepreneurship and business planning. By way of introduction, the word entrepreneur originates from the French word entreprendre, meaning to undertake. Today, we define an entrepreneur as an owner or manager of a business enterprise who attempts to make profits by starting and growing his or her business. In earnest, entrepreneurs are a diverse group of risk-takers who share the same goal of cultivating ideas and developing them into viable business opportunities. Take a quick look at the statistics below to get a sense for some of the (potentially surprising) qualities that have been attributed to entrepreneurs. According to a recent report by the US Census, every day approximately 2,356 Americans are becoming entrepreneurs by starting new businesses. According to 2006 report from Northeastern University’s School of Technological Entrepreneurship, 62% of entrepreneurs in the US claim innate drive as the number one motivator in starting their business. According to a January 2008 report by the Global Entrepreneurship Monitor, women run 33% of small businesses. Lastly, according to an October 2006 report by Northeastern University’s School of Technological Entrepreneurship, 42% of entrepreneurs say they launched their first ventures during childhood (i.e., via a lemonade stand, paper route, etc.). As you can see, the entrepreneurial community is diverse, yet its members share a number of striking similarities. 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.



More Ways to Learn Management

The Fundamentals of Revenue Management: The Cornerstone of Revenue Strategy

College | Online class

About this Course With a fixed capacity, a highly disposable product and high fixed costs, hotels are a natural candidate for the application of revenue management. Originally developed by the...

Free

Strategic Leadership and Management Capstone

College | Online class

The capstone is a strategic leadership and management plan where you’ll apply what you will learn to an actual business situation with participation by one or more focal companies. The deliverable...

Free

Managing the Company of the Future

College | Online class

The aim of the course is to provide you with a comprehensive framework for understanding both the traditional principles of management inside companies today as well as the alternative principles...

$49

Strategic Planning and Execution

College | Online class

Avoid the pitfalls of strategy planning and execution with the tools and skills from this course. You’ll learn the pillars of strategy execution—analysis, formulation, and implementation—and how to...

Free

Leading People and Teams Capstone

College | Online class

The capstone project will consist of three options, and you will complete one of them as part of the course. The first option is working with senior-level executives to help them solve their most...

Free

BUS208: Principles of Management

College | Online class

Management began to materialize as a practice during the Industrial Revolution, as large corporations began to emerge in the late 19th century and developed and expanded into the early 20th...

Free

Managing as a Coach

College | Online class

Managing as a Coach is course 1 of 5 in the Coaching Skills for Managers Specialization. In this Specialization, you will learn the essential skills to coach people for improved performance. You...

Free

Organizational Behavior: Managing People

College | Online class

Organizational Behavior: Managing People is course 4 of 5 in the Foundations of Management Specialization. Good management is equal parts knowing and doing. No matter what industry you work in or...

Free

Managing Talent

College | Online class

Managing Talent is course 2 of 5 in the Leading People and Teams Specialization. In this specialization, you will learn essential leadership skills, including how to inspire and motivate...

Free

Critical Perspectives on Management

College | Online class

This course is designed for students of all backgrounds who have an interest in how firms are governed, the forces that have helped define modern management practice, and the outcomes of that...

Free

Preparing to Manage Human Resources

College | Online class

Preparing to Manage Human Resources is course 1 of 5 in the Human Resource Management: HR for People Managers Specialization. Do you have people reporting to you that need managing? Or perhaps you...

Free

Strategic Management - Capstone Project

College | Online class

In this capstone project course, we revisit the strategy controversy at e-Types, introduced in the first course in this specialization, Strategic Management, and further analysed in each of the...

Free

Innovation Management

College | Online class

About this Course What is innovation management? How do firms bring in new business models and get new products and services to the market? Go on a nine-week journey through innovation management...

Free

On Strategy : What Managers Can Learn from Philosophy - PART 1

College | Online class

In the expression “creative thinking”, the keyword is not creativity; the keyword is thinking. With the help of great philosophers, you will rediscover the art of thinking. To help leaders to be...

Free

Setting Expectations & Assessing Performance Issues

College | Online class

Setting Expectations & Assessing Performance Issues is course 2 of 5 in the Coaching Skills for Managers Specialization. In this Specialization, you will learn the essential skills to coach...

Free

Management and Leadership Program

College | Online class

Chartered Manager is the highest status you can achieve in the management profession. Thousands of managers are already working towards Chartered status, as proof of their ability to lead people...

Free
Offers paid add-ons

Food & Beverage Management

College | Online class

Managing a company in the food and beverage industry is a fascinating task. Food and beverage products are so deeply rooted in the culture of most countries that making and selling them is not only...

Free

Fundamentals of Management

College | Online class

Are you about to enter the workforce? Are you an emerging professional? Are you new to your role in the organization? All prospective new employees benefit from understanding management principles,...

Free

Managing Employee Compensation

College | Online class

Managing Employee Compensation is course 4 of 5 in the Human Resource Management: HR for People Managers Specialization. Do you have people reporting to you that need managing? Or perhaps you want...

Free

Become a Manager

College | Online class

As a manager, success is predicated on your ability to achieve goals working with your team. The good news is that management is a skill that can be learned. This path is designed to provide you...

$20 monthly
Offers paid add-ons

Boost Your Career with New Business Knowledge

College | Online class

Good management is equal parts knowing and doing. No matter what industry you work in or where you are in your career, a basic understanding of decision-making, influence, and other management...

Free

See all resources for Management