MGT 487: Entrepreneurism and Small Business Management
1:00-3:10pm in SS 132 Spring 2014
Instructor Dr. Roy Savoian
*Contact info: 509/963-1954 and savoianr@cwu.edu
*website: www.cwu.edu/~savoianr
*Office Hours: 8:00-10:00am, TTh; and, by appointment Office: SS 301
* Note about Communication: I do not engage in tweeting, send or receive text messages, have a Facebook account or teach using Blackboard. You can communicate with me outside of class by telephone, email and, of course, face-to-face during office hours. I hope to get to know you and look forward to greeting you by name on-campus and in town.
Textbook Norman M. Scarborough and Jeffrey R. Cornwall, Entrepreneurship and
Effective Small Business Management 11th Edition, Student Value
Edition (Pearson, 2015)
NOTE: This textbook can also serve as a useful reference manual.
Course Description
Investigation of entrepreneurism and small business management issues. Students learn to perform feasibility studies and develop business plans. Small business challenges in marketing, finance, etc., will also be addressed.
Prerequisite: MGT 382 and admission to the major or permission.
Learning Objectives and Outcomes
Emphasis in the course is on the many and varied dimensions associated with entrepreneurship, the development of a business plan and hearing from guest speakers about their respective experiences and perspectives.

Demonstrate an understanding of the model of the start-up process for an entrepreneurial venture and small business management

Create a viable business plan for a start-up venture in order to develop a working understanding of launching and running a business

Demonstrate an understanding of the strategic and operational fundamentals of managing an entrepreneurial business from innovation and implementation, to growth and maturity, and to harvest/exit or generational transition

Assess the set of feasibility considerations associated with various funding options or sources of financing

Develop an appreciation of the role of new ventures in creating wealth and jobs for the economy
Simple Rules
Please turn-off your cell phone. You can use an electronic device to take notes, but no surfing the Internet or doing homework. Violators will be asked to leave class.

6
5
2
1
Course Schedule [Description of each speaker at the end of the Syllabus]:
Week Date Topics Assignment/Speaker
Th-April 3 Syllabus/Introduction
Ch. 1- Entrepreneurs: The
Driving Force Behind
Small Business
T-April 8 Ch. 3- Creativity and
Innovation
Ch. 4- Strategic
Management
Th-April 10 continue Ch. 4
Ch. 8- New Business
Planning Process
Due: Business Plan Abstract
3
4
T-April 15 continue Ch. 8
Th-April 17 Speaker: Eric Miller
T-April 22 Business Plan template
Th-April 24 Handout: “Choice Speakers: Rick Anderson of Business Entities in the State of Washington” and Paul Larson
T-April 29 UNIT EXAM 1
Ch. 2- Ethics and Social
Th-May 1
Responsibility
Speaker: Chris Martin
T-May 6
Th-May 8
Ch. 6 (pp. 165-187) Franchising
Ch. 7 (pp. 201-212) Existing Business
Speakers: Jack Dignum and Marc Kirkpatrick
7 T-May 13 Ch. 14- Creating a
Solid Financial Plan
Th-May 15 No Class SOURCE CONFERENCE @ SURC
8 T-May 20 Ch. 16- Sources of Equity
Financing
Ch. 17- Sources of Debt
Th-May 22
Financing
Start: Student Oral
Presentations
Speakers: Donna Malek and Mark Holloway

9 T-May 27 Due: Business Plan
Student Oral Presentations
Th-May 29 Speaker: David Greenslade
10 T-June 3 Student Oral Presentations
Th-June 5 Student oral Presentations
UNIT EXAM 2 /Final Exam: Wednesday, June 11 at 2:00pm
Textbook Features
Important issues, considerations, examples and “nuggets” of information are featured through-out the textbook in each chapter. It is strongly suggested that you read these features and be prepared in the event we discuss them in class.
Entrepreneurial Profile
In the Entrepreneurial Spotlight
Lessons from the Street-Smart Entrepreneur
Entrepreneurship in Action
Your study strategy and preparation for exams should include the Chapter Review and
Discussion Questions at the end of the chapter.
Guest Speakers
There will be 9 guest speakers (8, if you want to treat Donna Malek and Mark Holloway as one speaker) who will share their experiences and perspectives about the entrepreneurial ecosystem and about how careers or business ventures might develop.
These speakers are current or former entrepreneurs, venture capitalists, angel investors, business executives/managers, or business analysts/experts (e.g., law, accounting, finance, etc.). You should do some research in order to get the most from the classroom time with these speakers. You are expected to come prepared to class with one or two questions for each speaker.
Exams, Assignments and Grading
Unit Exams: 60 points each x 2 Unit Exams = 120 points (48%)
Business Plan: Abstract = 5 points ( 2%)
Business Plan: Report = 80 points (32%)
Business Plan: Oral Presentation = 15 points ( 6%)
Speaker Reviews: 6 Reviews x 5 points each = 30 points (12%)
TOTAL = 250 points
90% and above = A- or A
80-89%
70-79%
= B-, B or B+
= C-, C or C+
60-69% = D-, D or D+
59% and below = F
225-250 points
200-224
175-199
150-174
149 or less

You are expected to attend class when Unit Exams are scheduled. There are NO make-up exams or early exams . So, please plan your social or travel schedule accordingly.
In addition, written assignments are due at the beginning of class on the date indicated on the course schedule. You are expected to write in a clear and grammatically correct manner. If you need assistance with your writing skills, I suggest you get assistance at the Writing Center.
Seating and Class Attendance
Please sit in the same seat for all class meetings. You are expected to attend all class meetings. However, you are allowed two (2) absences – either excused or unexcused, it doesn’t matter. Two class meetings represent one week of material and information.
After 2 absences, 10 points will be deducted from your total points for each absence.
Students with Disability
Students with a disability who wish to set up an academic adjustment in this class should submit their “Academic Accommodation Plan” found on the Disability Services website at www.cwu.edu/disability-support/ The Disability Services Office is located in
Bouillon 140 or ds@cwu.edu
or 963-1202.
College of Business: Statement of Conduct and Code of Honor
The College of Business is a learning community committed to a set of core values based on integrity, respect and responsibility that guide our interactions.
Integrity : the quality of possessing and steadfastly adhering to high moral principles or professional standards
Respect : to show consideration or thoughtfulness in relation to others
Responsibility : the state, fact, or position of being accountable and responsible
As College of Business students we pledge to uphold these standards of professionalism and conduct ourselves in accordance with them.
We will not lie, cheat, or steal, and will not tolerate those who do. Our behavior defines who we are and what we will become.
Class Conduct
Students are expected to complete assignments -- reading as well as written -- by the deadline. Any student caught cheating will be removed from the class with an "F." He or she will also be subject to the fullest provisions of the CWU Student Handbook, including suspension and/or expulsion from the university. Plagiarism (i.e., taking an idea or writing from another and passing it off as one's own) on assignments is considered cheating. Looking at another student's exam during a test is also cheating.
Any other misrepresentation of one's work will also be subject to consideration as cheating. Conclusion .... Cheating will not be tolerated!