Business Plan Development (BUS-500) explores the creation and management of start-up businesses. It concentrates on initial strategy, location, financing, staffing, daily activities, controls, and taxes. Students develop a business plan for a start-up business. This course evaluates the necessary qualities and characteristics of a thriving entrepreneurial profile and helps students recognize and determine the steps required to design and develop a for-profit start-up business and open and operate a small business enterprise. It describes the primary forms of small business ownership and identifies the necessary financial competencies needed by the entrepreneur and further utilizes information, financial estimates and projections, logic, and critical thinking required to recognize opportunities and address minor business problems in a multicultural, ethical, legal, and competitive environment.