Course Syllabus

Management 540 -- Small Business Consulting

Spring 2003

 

Class time:  MW  8:05 - 9:30 AM      Classroom:  Calvin 202

Professor:  Dr. Brian Niehoff             Office:  Calvin 101B       

Office Phone:  532-4359                   Email:  niehoff@ksu.edu      

Textbook:  Effective Small Business Management:  An Entrepreneurial Approach (7th ed.)  N. M. Scarborough & T. W. Zimmerer 2003, Prentice-Hall.

 

Course Description: 

 

This course is designed to offer students an opportunity to work in teams with actual small businesses in the local communities to learn more about small business management and new venture startups.  Emphasis is placed on the understanding of operational and strategic planning problems.  The coursework is targeted toward the necessary skills for students to be able to assist the small businesses in a real project. 

 

Course Assignments:

 

The assignments for this course are intended to help students increase their learning about small business management using textbook material, online resources, and hands-on application of course concepts.   

 

1.    Quizzes, in-class activities, and homework assignments – Given the nature of the class – student teams assisting businesses – it will be important that students keep up with course material.  Regular quizzes and assignments will be geared toward knowledge of course concepts and applications of material to real cases.  In total, these activities will be worth 100 points. 

2.                Group Project and Presentation – Each student will be assigned to a group project to work with a local business.  There will be four projects to complete during the semester, as well as presentation.  Once students are assigned to teams and paired with a local business, teams will undertake the projects.  First, students will conduct an analysis of the industry in which the local business is operating.  This will allow students to fully understand the context of the business and the types of competitors that exist.  A second project will be for the teams to conduct a full analysis of the business.  This will involve getting to know the history as well as all facets (marketing, operations, human resources, financial, and strategic) of the business.  The third and fourth projects concern the actual project on which the group will assist the business.  The groups will first write a proposal describing the scope of the project, how they plan to conduct the project, and what outcomes are expected.  At the end of the semester, the groups will write a final report discussing what they actually completed and how it was done.  More information on the projects will be discussed at a later date.  In total, the 4 group projects will be worth 200 points, the presentation will be worth 30 points, and evaluations from your peers will be worth 20 points. 

 

3.                Exams – There will be 3 exams for the course.  The format will be discussed at a later time.  The scheduled dates are shown on the class schedule in this syllabus.  The final exam will be on Monday May 12th from 11:50 – 1:40 PM.  Each exam will be worth 100 points.

 

Course Grading Scale

 

       Quizzes & homework assignments              100 pts

                Group Projects:

          Industry Analysis                       50

          Company Summary                         50

Project Proposal                        30

          Final Project Report                   70

          Class Presentation                      30

          Peer Evaluation                         20

     Exams (3 @ 100 pts)                        300

 

     Total points                               650 pts

 

 

          A  =  585 - 650 pts

          B  =  520 - 584 pts

          C  =  455 - 519 pts

          D  =  390 - 454 pts

          F  =  below 390 pts

 

 


Official Notifications:

 

The following statements are required by the University policy to be in the syllabus.

 

Academic Dishonesty:  The University policy on academic dishonesty is as follows:  “Plagiarism and cheating are serious offenses and may be punished by failure on the exam, paper or project; failure in the course; and/or expulsion from the university.  For more information, refer to the “’Academic Dishonesty’ policy in the University catalog.”

 

Need for Assistance:  If you have any condition, such as a physical or learning disability, which will make it difficult for you to carry out the work as I have outlined, or which will require academic accommodations, please notify me as soon as possible.

 

Final day to Withdraw without a grade of “W”:  According to the University Line Schedule for the Spring Semester 2003, the last day students can withdraw from a class and not receive a grade of “W” is February 20th. 

 

Class Schedule:

 

 

Date

 

Topic for Class

Text Chap

Assignment Due

Jan 22

Orientation, Class Explanation, & Skill Assessment

 

 

Jan 27

The Consulting Process

 

 

Jan 29

Introduction to Entrepreneurs

  1

 

Feb 3

Forms of Ownership

  3

 

Feb 5

Franchising

  4

 

Feb 10

Buying an Existing Business

  5

 

Feb 12

Strategic Mgmt:  Gaining a Competitive Edge

  2

 

Feb 17

Creating a Guerilla Marketing Plan

  7

Group Project #1 (Industry Analysis)

Feb 19

Creating a Solid Financial Plan

  8

 

Feb 24

Managing Cash Flow

  9

 

Feb 26

Exam #1

  1-5, 7-9

 

Mar 3

Crafting a Winning Plan

  6

 

Mar 5

Pricing & Credit Strategies

  10

Group Project #2 (Project Proposal)

Mar 10

Creative Use of Advertising & Promotion

  11

 

Mar 12

Global Marketing Strategies for Entrepreneurs

  12

 

Mar 17

*** Spring Break  ***

 

 

Mar 19

*** Spring Break  ***

 

 

Mar 24

E-Commerce & Entrepreneurship

  13

 

Mar 26

Sources of Equity Financing

  14

Group Project #3 (Summary of Business)

Mar 31

Sources of Debt Financing

  15

 

Apr 7

Exam #2

 

 

Apr 9

Location, Layout, & Physical Facilities

  16

 

Apr 14

Purchasing, Quality Mgmt, & Vendor Analysis

 17

 

Apr 16

Managing Inventory

 18

 

Apr 21

Staffing & Leading a Growing Company and Management Succession & Risk Management

 19 & 20

 

Apr 23

Ethics, Social Responsibility & the Entrepreneur

 22

 

Apr 28

Legal Environment:  Business Law & Government Regulation

 22

Group Project #4 (Final Project Reports) & Presentations

Apr 30

Final Project Presentations

 

 

May 5

Final Project Presentations

 

 

May 7

Final Project Presentations & Wrap-up of class

 

 

May 12

Final Exam

15-22