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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Coopersmith Career Consulting | Evaluated Learning Experience

Small Business Management (BUS-401)

Length: 

Varies (self-study; self-paced). 

Location: 
Various; distance learning format.
Dates: 

August 2018 - Present. 

Instructional delivery format: 
Online/distance learning
Learner Outcomes: 

Upon completion of this course, the student will be able to: Utilize the nine steps of the strategic planning process to design a strategic business plan; Compare the laws, benefits, and drawbacks of various forms of business entities and ownerships; Identify the advantages and disadvantages of buying an existing business and delineate the steps in buying an existing business properly; Employ competitive marketing strategies, including customer focus, quality, convenience, innovation, service, and speed; Utilize the strategies to achieve success in e-commerce, including designing effective websites, and tracking web results; Compare pricing methods and strategies for retailers, manufacturers, and service firms and describe the impact of credit on pricing; Analyze financial statements for small companies; Use budgeting methods and principles and explain the techniques for avoiding a cash crunch; Compare the various sources of funding for a small company and describe the advantages of each; Explain the stages in the location decision: choosing the region, the state, the city, and the specific site and the criteria affecting the decision for location.

Instruction: 

This course examines fundamental principles, problems and practices of entrepreneurship, focusing on providing students with a foundation of small business management skills and the creativity and knowledge of what it takes to develop a successful business. Major topics include: marketing strategies and principles including location, pricing methods, and funding, developing a successful online business, and elements of a good business plan and other aspects of business ownership.

Credit recommendation: 

In the upper division baccalaureate degree category, 3 semester hours in Entrepreneurship, Management, Finance, or Human Resource Management (8/18).

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