New Ventures Entrepreneurship Certificate

Course Name: New Ventures Entrepreneurship Certificate
Course Number: SBX 7352-01
Course Hours: 40
Objectives:
Upon successful completion of this course, the participant will be able to:
- Evaluate a business idea against their personal vision, lifestyle, professional, and financial goals.
- Examine their willingness and desire to be a successful entrepreneur
- Determine the feasibility of their business concept as compared to a model business.
- Choose an appropriate legal structure and management infrastructure for their business concept.
- Conduct research on their chosen product/service and its relation to the industry, competition, and other market considerations.
- Project the financial situation of their business concept including needed start-up funds, pricing strategies, and sources of financing using break-even analysis, basic cash accounting systems, and financial ratios.
- Research, develop, and write a business plan, incorporating all the elements needed for a start-up venture.
Content:
- Identifying Entrepreneurship
- What does it take to be as 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
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