WK

Date

Topic

Reading--Text

Links to required web reading

Assignments Due

1          

4/4

to

4/8

·    Introductions

·    Overview of class/syllabus

·   Small Business in America

A Brief Lesson in Economics:

o  The Free Enterprise System

o   Supply & Demand

o  The Business Cycle

·   Starting A Business

o   Getting Advice

o   Entrepreneurial Personality

o   Your Business Idea

o   Finding the Funds

o  The Business Plan

·   Team Projects

Introduction (p.v)

 

pp. 1-11

 

 

pp. 20-50

 

 

 

 

pp. 310-316

o      Are You Ready (from SBA)? http://www.sba.gov/starting_business/startup/areyouready.html

o     Necessary Factors for a successful business:  http://www.myownbusiness.org/s2/index.html#5

o      An excerpt from Adam Smith’s The Wealth of Nations (1776), one of the most influential books written on the subject of political economy.  Smith’s ideas still influence our thinking today about the free market and the desirability of government regulations.

 

2          

4/11

To

4/15

·   Starting A Business

oStart, Buy, or Franchise?

o Legal Forms of Business Ownership

§ chart

·   Accounting 

o   Introduction

o   Cash vs. Accrual

o   Income Statement

pp. 12-19

pp. 331-346

 

pp 269-291

o    Types of Business Entities (forms of ownership)

o    Read the following on the Washington State government website, then, complete the assignment described to the right.

*     I'm planning to start a new business in Washington. What are the first steps I should take?

*     What is a Master Application?

*     Where can I get a Master Application?

*     Are there other licensing requirements I must fulfill that are not covered by the Master Application?

o    Income Statement

Completed Master Application Form due Fri, 4/15.

After reading the links at left, download, print and fill out a Master Application form for your new business.

3          

 

4/18

To

4/22

Accounting

·   Taxes

·    Inventory valuation & depreciation

o  Breakeven Analysis

o   Desired Method of Income Planning

o   Balance Sheets

o  Chart of Accounts

pp 303-309

pp 317-327

o    Breakeven Analysis

o    Tax strategies for the self-employed

Business Concept Due Monday, 4/18

4          

4/25

To

4/29

Financial Ratios and comparative analysis

 

 

 

5          

5/2

To

5/6

Cash Flow Statement

Midterm Review

Financial Plan Review

·     Assumptions

·     Financial Statements

 

 

Team Project Presentations begin Friday, 5/6

6          

5/9

To

5/13

SCHEDULE CHANGE:

Midterm Exam, Monday, 5/9

 

Marketing:

·    Target markets

·    Market research

·    Market intelligence

·    USP

·    Your Marketing Plan

pp. 66-85

o    The Marketing Mix  Lecture Topic 4--Marketing Strategy, (pages 1-7) and Topic 5--Marketing Mix (pages 1-9)

SCHEDULE CHANGE:

Midterm Exam, Monday, 5/9

 

Financial Plan Due Wednesday,  5/11

7          

5/16

To

5/20

Marketing:

·    Product/New product

·    Price 

·    Place

o   Selling

o   Advertising

o   Customer service

o   Marketing without Advertising

pp. 86-120

Chapters 3 & 4

p.392

o    Product life cycle

o    Price

o    Place

o    Promotion

 

8          

5/23

To

5/27

Marketing

·    Promotion

o   Merchandising

o  Public relations & publicity

o   Marketing a service business

·   e-commerce

pp. 142-143

o    eHow.com: How to Write a Press Release

o    Do The Right Thing And Get Publicity For Your Good Deed

o    Marketing a Service Business  

o    Master Networkers

o   E-Commerce Overview:  Read the entire section on e-commerce (stop at the beginning of “Business Plan for Section 9”).

o   Read the 3 selected pages below from www.Entreprener.com‘s exhaustive site on How to Start an eBusiness :

1.    Ten Design Mistakes to Avoid

2.    Adding Stickiness to Your Site

3.    21 Ways to Promote Your Site Online and Off

 

9

5/31

To

6/3

Management and HR

·      Hiring

·       Firing

·       Negotiating

·      Managing & Motivating

 

pp. 393-396

o    Employees vs. Contractors --What's The Difference?

o    Win-Win Negotiation

 

10

6/6

To

6/10

Operations

·    Time & Project Management

·    Systems & forms

·    Accounting software

·    Policies & procedures:

o   credit & collections

o   invoices, Purchase Orders

·   Insurance

·   Leasing

·   Inventory

pp. 383-391

 

 

 

pp. 292-304

pp. 347-363

pp. 51-63

p. 397

o    Running Effective Meetings

o    Computer and Communication Tools

o