- Type Validation
- Level Intermediate
- Time Months
- Cost Paid
Small Business Management
Issued by
Northeastern State University
Students examine problems typically encountered by new and growing businesses. Topics include legal forms of business; managing growth; developing management teams; start-up versus purchase decisions; franchising; and business valuations. Badge earners must complete the following course: MGMT 4543 - Small Business Management
- Type Validation
- Level Intermediate
- Time Months
- Cost Paid
Skills
Earning Criteria
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Completion of relevant coursework in a formal classroom environment. Instructional strategies include: audio visual materials, discussion, computer-based training, practical exercises, lectures.
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SLO 1. Understand the benefits and challenges of entrepreneurship and managing growing businesses
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SLO 2. Understand the implication of strategy and competitive advantage in small business management
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SLO 3. Understand the different forms of business ownership, evaluating buying an existing business and franchise opportunities
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SLO 4. Develop and refine a business idea
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SLO 5. Understand the differences in the types of financing for small businesses
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SLO 6. Understand the role of marketing, organizational, and location plans in starting and managing a small business
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SLO 7. Understand the pricing techniques and the impact of credit and competition
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SLO 8. Develop a marketing strategy
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SLO 9. Develop a business plan