Title

ENTR1201 - Entrepreneurship II: Starting Your Business

Description

Description

In this course, students experience real-world and hands-on activities needed to start a business venture. Students develop strategies, incorporating valuable input from customers, partners, competitors and advisors, as they explore the various facets of a business idea and how those facets interact to produce a working business model. Students who complete this course are well-positioned to write a business plan or manage a small business of their own.
API ID

Credits

3 (3/0/0)

Competencies

  1. Apply the entrepreneurial mindset to the creation of a small business plan.
  2. Create a competitive advantage strategy, including analyzing and assessing competitors.
  3. Determine marketing strategies through segmentation and targeting.
  4. Perform market research techniques to gain understanding of customer needs, wants and motivations.
  5. Explain purchasing and inventory control.
  6. Analyze business ownership forms and licensing requirements.
  7. Discuss managing human resources.
  8. Create financial projections to prepare for business growth or loss.
  9. Develop a pro-forma balance sheet, income statement and cash budget.
  10. Compare and contrast various funding sources.
Degrees that use this course

Degrees that use this course

Agribusiness
Degree:
Associate of Applied Science (AAS)
Location:
Moorhead Campus
Online
Credits:
60
Business
Degree:
Associate of Applied Science (AAS)
Location:
Fergus Falls Campus
Moorhead Campus
Online
Credits:
60
Entrepreneurship
Degree:
Certificate
Location:
Fergus Falls Campus
Moorhead Campus
Online
Credits:
18
Sport Management
Degree:
Associate of Applied Science (AAS)
Location:
Fergus Falls Campus
Credits:
60