MGT 300 - Week 5 - Small Business and Entrepreneurship Training

Apr 17th, 2015
Studypool Tutor
University of Phoenix
Course: Business and Management
Price: $15 USD

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Small Business &Entrepreneurship TrainingTEAM B: DENNIS CHANEY, JULIE COLECK,RANALDO DAGGS, & VIVIANA RUCKERUNIVERSITY OF PHOENIXMGT/300FEBRUARY 6, 2012Major Factors of Understanding Small Business& Entrepreneurship Entrepreneurial skills required to manage a smallbusiness Current laws and regulations that affect smallbusiness and the entrepreneur Issues that ethically affect small businessmanagementEntrepreneurial Skills SkillsStrategy DevelopmentIdentify business informationLocate business informationEffective communicationFinancial ManagementManage your own financesEntrepreneurial Skills Sales and Marketing SkillsWhere is your market?Customers wants and needsCustomers behaviors and ambitionsCustomers ever-changing demandsThreats to the companyOpportunitiesValue customersEntrepreneurial Skills Operational and Resource ManagementDelivering products and services systemPlanningManagementCommunicationEffective designLess staff neededMajor difference in competitionEntrepreneurial Skills Resource Management and Legal ResponsibilityPolicies and proceduresHiring employeesCoaching employeesMentoring programsLegal rights and obligationsActs, Regulations, and Codes of PracticeEntrepreneurial Skills Self Management SkillsSuccess or failureO

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