Wondershare MindMaster
MGMT 340 Entrepreneurship
5
Lisa Anderson
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Outline
MGMT 340 Entrepreneurship
Learning Objectives
- Chapter Quizzes and Midterm & Final Exams
- Foundation/StructuralKnowledge of Entrepreneurship
- Research Projects
- Executive Summary & Pro Forma
- Develop an understanding of thekey components of a BusinessPlan
- Business Proposal
- Organize/Clarify Proposal foryour "Dream Business"
- Business Proposal Pro Forma
- Develop Finance Plan for a New Business
- Develop "Know How" to "Run theNumbers" for a Potential NewBusiness
- Understand the Cost & TimeRequirements for Setting Up a NewBusiness
- Understand from the Investor'sPerspective their Yes/Nodecisions
- Learn how to make the Yes/No decision as towhether you should move forward with timeand resource commitment on the proposedbusiness
Assignments
- Quizzes
- Midterm/Final Exam
- Papers
- Business Proposal
- Research Paper on ExecutiveSummaries & Pro Forma
- Pro Forma
- Based on Business Proposal
- First Year (Month-by-Month)
- Years 2-3 Annualized
- Break Even Analysis
- Assumptions on Pro Forma
Resources
- Textbook
- eBook
- Hardback Book
- Online Resources
- Chapter PowerPoint Slides
- Chapter Summaries
- Pro Forma
- Sample Template
- Pro Forma Podcast
- Instructor
- Dr. Cheek Bio Podcast
- Contact Information
- eMail
- Telephone
- Skype
- Facebook
- Twitter
- Moodle
- Help Desk
- Online Help
Learning Outcomes
- Resume
- This is a senior level class & many students haven'tdeveloped a resume. This bonus assignment will provideinput by your instructor and sources for assistance in thepreparation of your resume.
- Moodle Profile
- This is an online class & you will be interacting with otherstudents in the class. This bonus assignment will allowyou to introduce yourself to the other members of theclass.
- Chapter Quizzes
- The readings from the chapters & chapterquizzes will provide a foundation knowledgein the core components of Entrepreneurship
- Midterm Exam
- The Midterm exam will measure your understanding ofEntrepreneurship, Idea to Opportunity, & the KeyComponents of a Business Plan. This knowledge will beused by you as you begin the development of yourBusiness Plan.
- Final Exam
- The Final Exam will measure your understanding ofEntrepreneurship, how move from planning a business toactually funding it, and finally launching, growing, andending the business.
- Projects
- Project Proposal & Research
- This research paper has two (2) components: 1.)Business Proposal - you identify the "dream business" thatwill be used in the development of your Business Plan, 2.)you will research and write a two (2) paper on theExecutive Summaries & Pro Formas. These are two of thekey components of a Business Plan. Armed with thisinformation/knowledge, you will be ready to develop yourBusiness Pro Forma.
- Business Pro Forma
- Using the tacit knowledge obtained in their Research Project, students develop a Pro Forma. The development of the Pro Forma will provide students with an understanding of the financial decision process when determining the GO/NO GO as to whether to start a new business. In this project, students will learn how to develop a spreadsheet that will project revenues, expenses, and the amount of funds required to start their proposed "dream" business.
- Final Project
- Students will received detailed comments from the professor on their ProForma developed in the previous product. After making the suggestedchanges, students will learn how to determine how long it will take to makethe business profitable and to make the final decision as to whether or not tomove forward with the development of the business. For students, theculmination of these projects will result in learning a skill set that iscommonly know in the business world as being able to "run the numbers" on business opportunities.
