SMALL BUSINESS OPERATIONS
- Program: Business
- Course: Small Business Operations
- Course #: BUSN2085
- Total Credits: 4
Course DescriptionThe Small Business Operations course is designed for students interested in learning how to manage a small business. The course focuses on operating a small business in today’s dynamic business environment, and covers such topics as risk taking and entrepreneurship, forms of ownership, planning, organizing and managing, marketing, financing, human resources management, governmental regulation and taxation, franchising, starting or buying a small business, and other relevant subject areas.
Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.
Hennepin Technical College offers reasonable accommodations to qualified students with disabilities. If you have a documented disability that may require accommodations, contact the college’s Disability Services Director: Sara Laviolette at Brooklyn Park (763-488-2477) or Jean Kreutter at Eden Prairie (952-995-1544).
The following goals will be addressed in the course:
Compare the various approaches to starting a small business
Describe the advantages and disadvantages of the various legal structures of a small business
Describe the opportunities for small business as global enterprises
Develop small business marketing strategies to create value for customers
Develop competitive strategies for capturing business opportunities
Discuss the elements of the operating system in small business, and the role of quality in operations management
Identify strategies for human resources management in small business
Describe the risk management process to be followed in small businesses
Identify the basic requirements for a small business accounting system
Analyze the financial needs of a small business
Identify appropriate sources of funds for financing short and long term business needs
Explain the options for harvesting or closing the small business, and the related importance and outcomes
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