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Apr 18, 2024
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MS 3427 - The Business Plan1 lecture hours 0 lab hours 1 credits
Course Description
This course continues the development of entrepreneurship by transforming the opportunity for a business into a written document, the plan. The purpose of the course is to increase the success rate of a venture by converting the concept for a business into a well developed business plan. (prereq: MS 3425 )
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Make use of some practical tools for developing a business plan
- Develop an understanding and insight into the major components for a business plan, from concept, personnel decisions, financing options, growth strategies, and marketing the plan
- Learn how potential investors assess the feasibility of a business
- Improve personal networking and presentation skills when trying to commercialize a business idea to outside investors
Prerequisites by Topic
Course Topics
- Business plan outline (1 class)
- Analysis of business concept (1 class)
- Competitor analysis (1 class)
- Personnel and capital formation (1 class)
- Growth strategies and pro forma statements (2 classes)
- Business plan status reviews (3 classes)
- Selling the plan to others (2 classes)
Coordinator
Larry Schmedeman
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