BU 325 Entrepreneurship

Instructor: Richard Hemmann

Hours: 48

Meeting times: TBA

Credit hours: 4

Course description:

Methodology:

Entrepreneurship is an introductory course on how to start a small business in Canada.

Based on a practical approach, students explore the challenges of starting a business and learn to identify key factors to the success of a business.

Students practice making real business decisions and are required to develop and present a business plan.

The course is delivered in a structured classroom setting consisting primarily of lectures and in-class activities.

The activities include group discussions, and assigned presentations.

There is a high expectation of additional homework for preparation and assignment completion.

Course Outcomes:

Upon successful completion of this course students will have:

• A good understanding of the opportunities and challenges of starting a business
• An awareness of managerial skills required to be a successful entrepreneur
• Knowledge of key factors to the success of a small business
• Knowledge of developing a simple business plan
• An awareness of current developments in business
• Improved oral and written communication skills, and presentation skills
• Improved competencies in research, analysis, and decision-making

Revised: 

Sept 2006

Topics:

Opportunities and challenges in starting a business; analyzing the market and competition; marketing plan; options to start a small business; human resources; legal obligations; financial statements and financial planning; sources of financing; structuring a business plan

Units:

N/A

Evaluation: Passing grade:

Attendance/Participation 20%, Individual Assignment 10%, Test 20%, Group Assignment 50%

Prerequisite courses or equivalent knowledge:

BU 218-221 or equivalent knowledge

Resources used:

How to Start a Small Business; Business Development Bank of Canada. Montreal, 1992