- Course Number:
- BA 250
- Course Title:
- Small Business Management
- Credit Hours:
- Lecture Hours:
- Lecture/Lab Hours:
- Lab Hours:
- Special Fee:
Course DescriptionDesigned for students and prospective small business owners and managers. It emphasizes the general functions, procedures, and specific subject areas related to initiating, organizing, and operating a successful small business. It specifically prepares the student to develop a business plan for opening a business. Prerequisites: WR 115, RD 115 and MTH 20 or equivalent placement test scores. Recommended: BA 101. Audit available.
Addendum to Course Description
Small Business Management provides the background concepts and practices necessary for a successful owner and/or manager. The student will be made aware of the importance and the functions of such things as: marketing surveys, marketing targets, financing, choosing a form of legal organization, managing the risk involved in operating a small business, and focusing on customers through products, price, promotion, and placement.
Course will fulfill required and/or elective credit for Portland Community Colleges Business Administration or Degree Programs.
Intended Outcomes for the course
Upon successful completion of Small Business, the student will be able to:
• Demonstrate an understanding of the importance of small business in the economy.
• Prepare a comprehensive Business Plan.
• Analyze a financial statement and plan.
• Choose a legal form of business.
• Demonstrate an understanding of the tax implications of a small business
Outcome Assessment Strategies
Students will be expected to demonstrate knowledge of the concepts described in the required competencies by any combination of the following:
- Case study analysis
- Individual or group projects
- Completion of assessment or certification-style examinations.
Course Content (Themes, Concepts, Issues and Skills)
THEMES, CONCEPTS, ISSUES:
- Responsibility and Accountability
- Critical Thinking
- Effective Written and Oral Communications
- Team Work
- Ethical Conduct
COMPETENCIES AND SKILLS:
Recognize start-up and buy-out opportunities.
Analyze comparative merits of franchising opportunities.
Prepare a comprehensive Business Plan.
Analyze financial plans and statements.
Choose a legal form of business ownership.
Evaluate insurance needs, credit policies, and advertising opportunities.
Demonstrate an understanding of the tax implications of a small business.