FBE 510 - From Dreams to Reality

3.00 credits.

Where are you in the business ownership cycle? Businesses pass through several important stages and successful entrepreneurs and owners learn what it takes to manage the business through these stages and work with others to convert their ideas and vision into action. As a “sub-set” of entrepreneurship, family businesses make significant contributions to the overall economy, thus improving the economic well-being of all stakeholders. It is, therefore, important to look at how family business fits into and complements the field of entrepreneurship and small business from a historical, societal, and practical perspective. This course will explore the history and nature of entrepreneurship and small businesses, how the family business evolved into such an important component, and the interconnectedness of the entrepreneurship mindset in any business model. In this course, students will develop a component of the business plan focusing on the business value proposition.