SMALL BUSINESS MANAGEMENT
BUSG 2309
Instructor:__________________________________
Phone:
__________________________________
Email:
___________________________________
Office:_______________ Fax: __________________
Prerequisite:
Credit:
None
3 Semester Hours
Materials Needed:
Small Business Management by Hodgetts, Wiley Pathways Publishers
Access to business publications (The Wall Street Journal) and the business community.
Course Description and Objectives:
Small Business Management is a collegiate level course for students who seek knowledge about
starting and operating a small business. Includes facts about a small business, essential
management skills, how to prepare a business plan, financial needs, marketing strategies, and
legal issues.
In order to accomplish the above objectives, it will be necessary for the student to meet the
following 6skills and objectives.
1.
2.
3.
4.
To identify the entrepreneurial rewards and personal characteristics of successful
entrepreneurs.
To recognize the role of family businesses.
To understand the contributions of small business and the industries in which they operate.
To formulate a written business plan.
To discuss common problems and possible solutions of the small business. Specific areas of
discussion will include:
A.
B.
C.
D.
Feasibility of starting or buying a business with regard to demand, market,
competition, etc.
Business organization considerations.
Location and layout considerations.
Researching potential market opportunities.
E.
6.
7.
8.
Franchising opportunities and trends.
To formulate and understand requirements for initial financing.
To understand fundamental legal issues important to any small business.
To identify potential information sources for the small business owner.
Learning Outcomes
1.
2.
3.







Formulate a business plan.
Identify sources of information for small business owners.
Identify common problems and solutions of the small business, including form of
ownership, location and layout, initial financial considerations, mission statements,
opportunity identification, and marketing.
Course Content - SCANS
Foundation Skills
Demonstrates Basic Skills – Reading (F1), Writing (F2), Listening (F4), Speaking (F5)
Demonstrates Thinking Skills – Creative (F6), Decision making (F7), Problem solving (F8),
Seeing things through the minds eye (F9), Knowing how to learn (F10), Reasoning (F11)
Exhibits Personal Qualities – Responsibility (F12), Self-esteem (F13), Social (F14), Selfmanagement (F15), Integrity / Honesty (F16)
Workplace Competencies
Manages Resources – Allocates time (C1), Allocates money (C2), Allocates material and facility
resources (C3), Allocates human resources (C4)
Exhibits Interpersonal Skills – Participates as team member (C5), Teaches others (C6), Serves
clients/customers (C7), Exercises leadership (C8), Negotiates to arrive at decisions (C9), Works
with cultural diversity (C10)
Manages Information – Acquires and evaluates (C11), Organizes and maintains (C12), Interprets
and Communicates (C13), Uses computers to process (C14)
Uses Systems and Technology – Understands systems (C15), Selects technology (C18), Applies
technology to task (C19), Maintains and troubleshoots (C20)
This course will give the student a broad overview of the financial workings of a small business and will
cover the following topics:
1. Sources of financing for the small business
2. Procedure for obtaining financing for a small business
3. Determining cash operating requirements
4. Small business tax requirements and reporting
5. Identification of small business risks
6. Preparing statements for a business plan presentation
Although a suggested prerequisite is a working competency in small business accounting practices,
students in this course will cover basic accounting procedures, including:
1. procedures for recording assets and liabilities
2. capital procedures
3. accounting of revenue and expenses
In order to accomplish the above objectives, it will be necessary for the student to meet the following
objectives.
1. be able to examine all aspects of a business’ finances
2. estimate funds for starting a new business
3. analyze financial statements of an existing business
4. developing plans to expand an existing business
5. preparation of a budget
6. overall comprehension of the concept of risk management
7. familiarity with tax matters and laws governing small business taxation
In addition, the student will review and identify various types of financial records for record keeping,
including software packages available.
Means of Assessment
Means of Assessment will be determined by your instructor. Please see the attached Syllabus Addendum
if your instructor has provided one.
Evaluation Policies and Procedures
Your instructor will supply detailed testing and grading procedures. If you stop attending class, you must
withdraw at the Admissions Office before the official drop date. Failure to do so will result in a grade of
‘F’ for the course.
Attendance and Participation Policies
Class attendance is important. Generally, the course material is covered in the textbooks; however,
lectures and small group exercises augment and clarify the textbook material. You are encouraged to get
to know your fellow students in order to have a source for lecture notes and handouts if you cannot attend
a class session.
Students are expected to assume the responsibility for learning. Your instructor will assist you, but the
actual responsibility rests with you. Students are also expected to devote their energy to attaining the
skills and knowledge required for their particular career goals.
The Lone Star College System Policy & Procedure Manual [Student Conduct, Section 562.0ld] states,
“Disruptive activity that hinders other students’ learning or deters an instructor from effective teaching
will not be tolerated under any circumstances.”
To provide equal-opportunity learning situation for all students enrolled in this class, children are not
allowed in the labs or classrooms.
Academic Integrity
The college’s academic integrity policy states, the Lone Star College System is committed to a high
standard of academic integrity in the academic community. In becoming a part of the academic
community, students are responsible for honesty and independent effort. Failure to uphold these standards
includes, but is not limited to, the following:
1.
2.
3.
Plagiarizing written work projects.
Cheating on exams or assignments.
Collusion on an exam or project.
4.
Misrepresentation of credentials or prerequisites when registering for a course.
Virus Protection
The college will not be held liable for any corruption of data caused by virus contamination. The college
computers are regularly screened and are protected against computer viruses to the best of our ability.
However, we do not guarantee that viruses do not exist on our systems. Procedures are in place in all labs
for you to scan your diskettes. It is your responsibility to protect your data from corruption due to viruses.
Student Services
Library
The Library at each college provide print and non-print resources and services for students. The materials
have been selected to serve the curricular, vocational, and recreational needs of the college community.
Each college provides computer access to a variety of information in electronic form including
bibliographic indexes to journals, Internet resources, and multimedia publications.
Learning Support Centers
Learning Support Center at each college provide print and audio-visual materials as well as
tutorial assistance and computer labs for students who need academic support services.
Materials from other disciplines are available in each center including reading, writing, math and
college study skills.
Internet & E-mail
The Lone Star College System provides computing and network resources to students. Students are
encouraged to use the computers, software packages, and electronic mail (e-mail), for educational or
System-related activities and to facilitate the efficient exchange of useful information. However, the
equipment, software and network capacities provided through the System computer services are and
remain the property of the System, and access may be denied to any student who fails to comply with the
System’s policies and procedures regarding its use.
Access to the System’s e-mail and similar electronic communication systems are a privilege and
certain responsibilities accompany that privilege. System users are expected to demonstrate the
same level of ethical and professional manner, as is required in face-to-face or written
communications. Anonymous or forged messages will be treated as a violation of this policy.
Equal Opportunity Statement
It is the policy of the Lone Star College System to provide equal employment, admission and educational
opportunities without regard to race, color, religion, national origin, sex, age or disability.
Lone Star College System strives to provide an excellent learning environment free from
harassment or intimidation directed at any person’s race, color, religion, national origin, sex, age,
or disability. Any form of harassment will not be tolerated.
ADA Statement
The Lone Star College System is dedicated to providing the least restrictive learning environment for all
students. The college system promotes equity in academic access through the implementation of
reasonable accommodations as required by the Vocational Rehabilitation Act of 1973, Title V, Section
504 and the Americans with Disabilities Act of 1990 (ADA) which will enable students with disabilities
to participate in and benefit from all post-secondary educational activities.
If you require reasonable accommodations because of physical, mental, or learning disability,
please notify the instructor of this course as soon as possible and preferably before the end of the
first two weeks of class to arrange for reasonable accommodations.
Guaranteed Graduate Policy
The Lone Star College System guarantees that graduates of its Associate of Arts, Associate of
Science, or Associate of Applied Science and all Certificate programs, will provide under certain
circumstances, additional education and training tuition free to students lacking appropriate
master of specified competencies.
Drops/Excessive Absences:
Under Section 51.907 of the Texas Education Code, "an institution of higher education may not
permit a student to drop more than SIX courses, including any course a transfer student has
dropped at another Texas public institution of higher education." This statute was enacted by the
State of Texas in Spring2007 and applies to students who enroll in a public institution of higher
education as first-time freshmen in the Fall 2007 semester or later. Students enrolled prior to Fall
2007 are not affected. Any course that a student drops is counted toward the six-course limit
unless the student is completely withdrawing from the institution or meets one of the eligible
criteria for a waiver. A "drop" in this instance is considered when a student is dropped or
withdrawn from a course after official day resulting in a grade of "W." Please refer to the catalog
for any additional information regarding the eligible criteria for a waiver.
For additional information, refer to the Lone Star College System catalog.