BUS 4320 - Business Startups for Entrepreneurs

3 lecture hours 0 lab hours 3 credits

Course Description
This course focuses on the practical aspects of actually starting and running a business. The goal is to provide students with an understanding of the basics of business from choice of business structure, incorporation, operating agreements, funding a business, manufacturing/operating considerations, how fulfillment and distribution works, and practical considerations including application will be emphasized. A seminar approach will be followed with student participation expected. (prereq: none)

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

Plan the steps required to effectively start and manage a small business
Prepare for the legal requirements of starting and running a small business
Communicate the mechanics of effectively operating a small business
Build a business model for a new business

Prerequisites by Topic

None

Course Topics

Choice of entity, incorporation
Choosing a business name
Operating agreements/bylaws
Business insurance
Bank accounts
State/Federal permits
Obtaining a federal tax ID
Accepting payments
Capital budget, profit and loss, balance sheet, cash flow analysis
Employment: payroll, workers compensation, unemployment, OSHA, and the EEOC
Sales/distribution methods
Funding methods

Coordinator
John Osmanski, J.D.

Announcement

The Raider Return

Milwaukee School of Engineering

Connect With MSOE

BUS 4320 - Business Startups for Entrepreneurs