Maricopa Community Colleges  EPS250   19966-99999 
Official Course Description: MCCCD Approval: 02/27/96
EPS250 19966-99999 LEC 2 Credit(s) 2 Period(s)
Introduction to Entrepreneurship
Fundamentals of starting or buying a new business. The nature of the entrepreneurial process and the skills required to be successful, including planning, financing, starting and managing the business. Prerequisites: None.
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MCCCD Official Course Competencies:
 
EPS250   19966-99999 Introduction to Entrepreneurship
1. Define entrepreneurship, and explain its role in the American economy. (I)
2. Conduct a self-analysis to determine suitability for owning and operating a small business. (I)
3. Explain the advantages and disadvantages of various types of business ownership. (I)
4. Outline a framework for analyzing new ventures using the milestone approach to business planning. (II)
5. Identify and describe the types of primary and secondary research used to develop customer, market, and competitive assumptions. (III)
6. Identify and describe the types of financing sources that are available for new venture endeavors. (IV)
7. Explain how the microcomputer can be used to support strategic analysis and decision making in the entrepreneurial process. (V)
8. Define the accounting information systems and reports used in business. (VI)
9. Describe the business planning activities required for the successful launching of a new venture. (VII)
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MCCCD Official Course Outline:
 
EPS250   19966-99999 Introduction to Entrepreneurship
    I. The Entrepreneurial Mindset
        A. Characteristics of entrepreneurs
        B. Self-analysis of business experience
        C. Laws and regulations
        D. Ownership forms
      II. Screening Opportunities and Evaluating Risk
          A. Identifying business opportunities
          B. The evaluation process
        III. Evaluating Market Potential
            A. The business concept
            B. Primary vs. secondary research methods
            C. Industry overview
            D. Customer profiles
            E. Competitive environment
          IV. Funding Alternatives
            V. The Microcomputer as an Entrepreneurial Tool
              VI. Accounting Systems
                  A. Accounting information systems
                  B. Financial statements
                VII. The Business Plan
                    A. The milestone approach to business planning
                    B. Business plan components
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