SRJC Course Outlines

11/24/2020 5:01:46 AMBMG 85.2 Course Outline as of Fall 2016

Inactive Course
CATALOG INFORMATION

Discipline and Nbr:  BMG 85.2Title:  STARTING SMALL BUSINESS  
Full Title:  Procedures for Starting a Small Business
Last Reviewed:5/3/2010

UnitsCourse Hours per Week Nbr of WeeksCourse Hours Total
Maximum1.00Lecture Scheduled1.0017.5 max.Lecture Scheduled17.50
Minimum1.00Lab Scheduled02 min.Lab Scheduled0
 Contact DHR0 Contact DHR0
 Contact Total1.00 Contact Total17.50
 
 Non-contact DHR0 Non-contact DHR Total0

 Total Out of Class Hours:  35.00Total 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
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.
(Grade or P/NP)

Prerequisites:
Recommended:Eligibility for ENGL 100 or ESL 100
Limits on Enrollment:
Transfer Credit:
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:Effective:Inactive:
 
UC Transfer:Effective:Inactive:
 
C-ID:

Certificate/Major Applicable: Certificate Applicable Course



COURSE CONTENT

Outcomes and Objectives:
Upon completion of the course, students will 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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