MS 433 - Small Business Management

3 lecture hours 0 lab hours 3 credits

Course Description
Small business management emphasizes the aspects of management that are most important to the success of a small business firm: understanding the importance of planning, knowing the customer, and recognizing the problems of owning your own business. Comparison of the management techniques required in both small and large organizations allows students to see themselves in the role of entrepreneur, member of a small business organization and member of the larger corporation. (prereq: Junior standing)

Course Learning Outcomes
Upon successful completion of this course, the student will be able to:

Understand the components of a good business plan and build one
Know where to start and how to proceed in establishing a new small business
Understand the challenges of beginning and running a successful small business
Present a business plan

Prerequisites by Topic

None

Course Topics

Entrepreneurs
Analyze the product in relationship to customer needs
Small business
Analyzing the market
Financial plans and financing
Focus on product strategy and operations
Organize the management team
Executive Summary Report and presentation
Banker role

Coordinator
Steven Bialek

Announcement

The Raider Return

Milwaukee School of Engineering

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MS 433 - Small Business Management