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New Ventures Entrepreneurship Certificate

by Renee Hode last modified 09/02/2009

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Course Name: New Ventures Entrepreneurship Certificate
Course Number: SBX 7352-01
Course Hours:  40

Syllabus

Objectives:

Upon successful completion of this course, the participant will be able to:

  1. Evaluate a business idea against their personal vision, lifestyle, professional, and financial goals.
  2. Examine their willingness and desire to be a successful entrepreneur
  3. Determine the feasibility of their business concept as compared to a model business.
  4. Choose an appropriate legal structure and management infrastructure for their business concept.
  5. Conduct research on their chosen product/service and its relation to the industry, competition, and other market   considerations.
  6. 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.
  7. Research, develop, and write a business plan,  incorporating all the elements needed for a start-up venture.

Content:

  1. Identifying Entrepreneurship
  2. What does it take to be as successful entrepreneur? 
  3. How can you develop the skills, knowledge, and abilities to be a successful entrepreneur?
  4.  What are your goals - lifestyle, professional, and financial - for starting a business?
  5. Recognizing Opportunities
    • Where do ideas for successful ventures come from?
    • What business opportunities match your own personal vision?
  6. 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?
  7. 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? 
  8. 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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