SRJC Course Outlines

12/27/2024 11:43:39 AM	BMG 85.2 Course Outline as of Spring 2011	Changed Course
CATALOG INFORMATION
Discipline and Nbr: BMG 85.2	Title: STARTING SMALL BUSINESS
Full Title: Procedures for Starting a Small Business
Last Reviewed:5/3/2010

Units		Course Hours per Week		Nbr of Weeks	Course Hours Total
Maximum	1.00	Lecture Scheduled	1.00	17.5 max.	Lecture Scheduled	17.50
Minimum	1.00	Lab Scheduled	0	2 min.	Lab Scheduled	0
		Contact DHR	0		Contact DHR	0
		Contact Total	1.00		Contact Total	17.50

		Non-contact DHR	0		Non-contact DHR Total	0

Total Out of Class Hours: 35.00

Total Student Learning Hours: 52.50

Title 5 Category: AA Degree Applicable
Grading: Grade or P/NP
Repeatability: 00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As:
Formerly: BMG 85B

Catalog Description:
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This is an introductory course for starting a business. Evaluate a business idea by researching the industry and completing a feasibility analysis. This course is ideal for someone thinking of opening a new business. Topics include possible franchise opportunities, buying a business, family owned businesses, local licensing and zoning laws, insurance, basic financial principles, intellectual properties, legal entities, naming a business, and forming a management team.

Prerequisites/Corequisites:

Recommended Preparation:
Eligibility for ENGL 100 or ESL 100

Limits on Enrollment:

Schedule of Classes Information
Description: Untitled document

(Grade or P/NP)
Prerequisites:
Recommended:Eligibility for ENGL 100 or ESL 100
Limits on Enrollment:
Transfer Credit:CSU;
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:		Effective:		Inactive:
Area:

CSU GE:	Transfer Area			Effective:	Inactive:

IGETC:	Transfer Area			Effective:	Inactive:

CSU Transfer:	Transferable	Effective:	Fall 1983	Inactive:	Fall 2016

UC Transfer:		Effective:		Inactive:

C-ID:

Certificate/Major Applicable: Certificate Applicable Course

COURSE CONTENT

Outcomes and Objectives:
At the conclusion of this course, the student should be able to:
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Upon completion of the course, students will be able to:

1. Evaluate buying an existing business.

2. Describe the start of a new business from inception.

3. Analyze and determine benefits of purchasing a franchise agreement.

4. Choose and describe forms of ownership.

5. Apply risk analysis methodology for insurance protection; i.e., liability.

6. Investigate commercial lending opportunities; i.e., SBA (Small Business Administration) loans.

7. Evaluate potential revenue and anticipated business costs to measure future profitability.

8. Develop a plan to form a management team.

9. Research and analyze industry and market opportunities.

10. Choose intellectual property protection for a small business.

11. Create financial proposals for business startups and how to grow the business.

12. Develop and write a feasibility study based a business idea.

Topics and Scope
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1. Starting a new business

a. Buying an existing business

b. New business from inception

c. Purchasing a franchise

d. Inheriting a family-owned business

2. Choosing and understanding forms of ownership

a. Sole proprietorship

b. Partnerships

c. Corporations including S-Corp, C-Corp, and LLCs (Limited Liability Company)

3. Risk analysis methodology

a. Insurance protection to weigh risks

b. Tax implications

c. Liability responsibilities

d. Licensing and permit procedures -- local, state, federal

4. Commercial funding

a. SBA (Small Business Administration) loans

b. Equity investments

c. Venture capital

d. Bank funding

e. Promissory notes

5. Management teams

6. Industry and market opportunities.

a. Advertising standards in the industry

b. Public relations methods

c. Naming a business to establish identity in the marketplace

7. Intellectual property protection for a small business

a. Patents

b. Trademark

c. Copyright

d. Trade secret

8. Financial proposals using profit/loss statements and balance sheets

a. For start-up businesses

b. Franchises

c. Buying existing businesses including "due diligence"

d. Succession planning for family-owned business

9. Feasibility analysis based on a business idea

Assignments:
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1. Written feasibility analysis

2. Weekly written homework

3. Reading of approximately 250 pages in textbook

4. Completion of financial forms

5. Final exam

6. Lecture questions and answers or online discussion

Methods of Evaluation/Basis of Grade.

Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.		Writing 10 - 40%
Weekly written homework, feasibility analysis
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.		Problem Solving 10 - 40%
Written feasibility analysis
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.		Skill Demonstrations 0 - 0%
None
Exams: All forms of formal testing, other than skill performance exams.		Exams 10 - 25%
Final exam
Other: Includes any assessment tools that do not logically fit into the above categories.		Other Category 10 - 25%
Attendance and discussion participation

Representative Textbooks and Materials:
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How to Write a Business Plan, by Michael McKeever, Nolo Press, 2009.

The Small Business Start-up Kit for California, by Pakroo, Nolo Press, 2009.

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Curriculum

SRJC Course Outlines