FEM301 Entrepreneurship and Small Business Management

[3–0, 3 cr.]

This course is designed to address the complex workings of small family-owned and run businesses. It will give students a working knowledge of the tools and concepts involved in preparing a business plan. Topical coverage includes foundations of entrepreneurship, forms of ownership and franchising, methods for determining the value of a business, marketing and financial considerations in building a business plan, managing inventory in small businesses, quality control and just-in-time techniques, managing human resources in the family businesses, techniques for enhancing profitability, and global aspects of entre­preneurship.

Prerequisite: MGT201 Introduction to Management