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MGT 160 — Small Business Management

Course presents the principles and problems of organizing a small business. Content includes analysis of entrepreneurial qualifications and skills; capital resources and requirements; forms of ownership; and financial analysis and planning. Focus is on tax and legal considerations; staffing and learning to identify profit opportunities using market analysis; bringing products to market through effective advertising, personal selling and distribution methods and practices. Includes franchises, availability of government assistance through the Small Business Administration (SBA), evaluation of an existing business for purchase and special opportunities granted to small businesses in selling to government agencies.

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