Lab Students practice and apply what they are learning in group activities and individual work on – exercises, scenarios, and assignments. Course Content Developing a Business Plan for a start-up business is the primary focus of this course. You will spend a significant amount of time researching and writing the Business Plan. With this goal in mind, the course covers the following key areas: Identifying entrepreneurship What does it take to be a successful entrepreneur? How – can you develop the skills, knowledge, and abilities to be a successful entrepreneur? What are your goals lifestyle, professional, and financial for starting a business? – – Recognizing opportunities Where do ideas for successful ventures come from? What – business opportunities match your own personal vision? Defining a business concept What research and information is needed to write a – business concept statement? How can you identify and avoid flaws in the business concept? How can you create a sustainable competitive advantage? Testing for feasibility What factors determine the feasibility of a business? What research, – information, and analysis are required to determine whether you should proceed with the business concept or evaluate the feasibility of another idea? Developing a Business Plan What are the key components of the start-up Business Plan – and what information is needed in each component of the plan? What decisions about management, product/service, marketing, and finances will create the greatest potential for success? How should the Business Plan be written and presented? Student Evaluation Evaluation of student mastery of course competencies will be based on the following: Participation 25 points Assignments
Lab – Students practice and apply what they are learning in group activities and individual work on exercises, scenarios, and assignments. Course Content Developing a Business Plan for a start-up business is the primary focus of this course. You will spend a significant amount of time researching and writing the Business Plan. With this goal in mind, the course covers the following key areas: Identifying entrepreneurship – What does it take to be a successful entrepreneur? How can you develop the skills, knowledge, and abilities to be a successful entrepreneur? What are your goals – lifestyle, professional, and financial – for starting a business? Recognizing opportunities – Where do ideas for successful ventures come from? What business opportunities match your own personal vision? Defining a business concept – What research and information is needed to write a business concept statement? How can you identify and avoid flaws in the business concept? How can you create a sustainable competitive advantage? Testing for feasibility – What factors determine the feasibility of a business? What research, information, and analysis are required to determine whether you should proceed with the business concept or evaluate the feasibility of another idea? Developing a Business Plan – What are the key components of the start-up Business Plan and what information is needed in each component of the plan? What decisions about management, product/service, marketing, and finances will create the greatest potential for success? How should the Business Plan be written and presented? Student Evaluation Evaluation of student mastery of course competencies will be based on the following: Participation 25 points Assignments
PEV_FM_Guide_2017.docx