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Dec 21, 2024
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BA 4960 - Selected Topics in Business2 lecture hours 0 lab hours 2 credits Course Description Students in this course will explore contemporary business issues and topics. Subject matter will vary based upon expertise of faculty member teaching the course. Instructors from the Universsity of Applied Science - Lubeck, Germany and MSOE may lead the course individually or collaboratively based on subjects selected. (prereq: senior standing) Course Learning Outcomes Upon successful completion of this course, the student will be able to:
- Understand the steps required to effectively start a small business
- Understand the legal requirements of running a small business
- Understand the mechanics of effectively operating a small business
Prerequisites by Topic Course Topics
- Course Overview & Introduction to Starting a Business
- Choice of Entity, Incorporation, Choosing a Business Name
- Operating Agreements/Bylaws
- Business Insurance, Bank Accounts, State/Federal Permits, FEIN, Accepting payments, and Other Considerations
- How is the Business Doing? Accounting, Capital Budget, Profit & Loss, Balance Sheet, Cash Flow
- Employment - Payroll, Worker’s Comp, Unemployment, OSHA, and the EEOC
- Sales/Distribution Methods
- Funding Methods
Coordinator Dr. Katrina Moskalik
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