Students will compose a short essay in response to a given topic on the major concepts of Small Business Management from the following: Family Business, Starting a New Firm or Buying an Existing Business, operating a franchise, developing a business plan, sources of start-up capital, determining location and layout, legal forms for an organization, managing the small business, pricing, promotion and personal selling. The student will apply the principles of marketing, financial requirements, operations, and management to a small business.
