Overview

This course provides entrepreneurs with the fundamental concepts of business startups. We will begin by discussing how businesses are legally structured, standard business principles, strategic management, industrial and occupational psychology, finance, and the development of a strategic workforce. A traditional business plan format endorsed by the Small Business Administration is also included.When you start a business enterprise, you always want to ask yourself: where do I want to be in five years? Then ask yourself How can I get there? Set your 5-mile stone and then set your yearly stepping stones, monthly, etc.; what's going to take to get you there? Financiers will especially want to hear about future growth potentials and your 5-year projections.You will need to become confident in issues germane to your plan. That often requires independent research. Design your study curriculum for building your business plan specific to your needs, and learn how to leverage your business ideas without borrowing money.Once your business takes off, even though you may not need a college degree to launch your business and exploit your ideas, you will eventually need to hire people with college degrees to fill various divisions as your business grows. Some of the most successful entrepreneurs do not have prestigious degrees and tend to always think in terms of spending other people's money, not their own.

Skills

Reviews