Small Business Management Courses

Not everyone wants to work as an employee, clock in 8 hours every day, and work for someone else. Many dream of running their own business and becoming their own boss. With more businesses in the market, the economy is likely to flourish and expand. The government in the United States is encouraging prospective entrepreneurs to set up their own small businesses and contribute to the economy.

The Small Business Administration (SBA) is one of the leading independent agencies of the federal government that has specifically been set up to promote small businesses, assist entrepreneurs, offer guidance, and protect their interests. This agency has played an important role in boosting the number of small businesses. According to SBA, small businesses make up 54% of all US sales and provide 55% of all jobs. Since 1982, there has been an increase of 49% in small businesses. All these facts confirm the growth in this field and its popularity.



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American InterContinental University Online

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Small Business Management Courses

To start a business, one must have the skill, knowledge, and understanding of how small businesses work. With the help of specialized education in this field, individuals can prepare themselves for running their own business. Many institutes are offering small business management courses to train students to setup and manage their own business.

Small business management courses can be pursued online as well. These programs fall in the category of non-degree programs and are relatively short. Much of the coursework is career-oriented and will focus on skill development and understanding the needs of the industry.

Learning about small business management can equip you with the knowledge and skills to start your own business.
mall business management online courses

What You Will Learn

Small business management course provides students the opportunity to acquire in-depth understanding of the basics. Students will learn about the various functions and operations of businesses, and how to counter issues when starting up a business. The curriculum may vary with different institutes, but will generally cover the following areas:

Evaluating the Potential of a New or Existing Business

This course is designed to help students determine strengths and weaknesses of a business. Students will learn about the essential evaluation techniques and how to analyze industry trends.

Developing a Business Plan

This course is one of the main areas covered in the program. It is geared towards helping students design and chalk out a business plan. Topics such as feasibility, industry demand, consumer trend, competition, market and goal setting are covered.

Business Operations

In this course students will learn about the practical aspects of business management. Students will learn how to implement different solutions and effectively manage business operations. Time management, decision making, project management, and resource management are a few of the topics covered in this course.

Marketing Principles and Practice

Marketing is one of the main engines that drives a business. This course will allow students to learn about the highly competitive business market and design various marketing strategies. The course will emphasize areas such as marketing functions, marketing practices, profitability, and organizational growth.

Project Management Essentials

This course will allow students to explore the different techniques and tools used for managing a project. Topics such as teamwork, simulations, project definition, lifecycles, planning, and risk management are covered in the course.

Consumer Behavior

In this course, students will learn how to analyze consumer behavior and design methods to satisfy the needs. Areas such as behavior patterns, consumer decisions, and culture are included in the course.

Market Research

In this course, students will learn how to conduct market research using different qualitative and quantitative methods. Market research is one of the most important areas of business organizations.

Human Resource Management

HR has become one of the most important aspect for any business. This course will shed light upon various human resource functions such as recruiting, employment law, training and employee development, and compensation.

Financial Statement Analysis

In this course students will cover legal and ethical requirements of stating financial results. Students will learn how to analyze financial statements and forecast financial events. Areas such as cash flow, rations, income statements, and balance sheets are covered.

Objective of the Course

  • Identify different forms of businesses and structures that exist in the industry
  • Understand the legal and ethical requirements of setting up a business
  • Learn how to conduct market research and effectively create a business plan
  • Understand the current market trends, consumer needs, trends, and challenges faced by entrepreneurs
  • Understand all the basic functions of a business that include finance, human resource, marketing, and strategic development
  • Design business strategies and use innovative techniques

Skills Developed

  • Effective communication skills
  • Decision-making skills
  • Analysis skills
  • Problem-solving skills
  • Management skills
  • Critical-thinking skills
  • Financial skills

Program Requirements

A small business management course can only be completed by earning the minimum number of credit hours. This requirement will vary from school to school but will generally range between 10 and 30 credit hours. Each component of the program is equal to a number of credit hour or unit. You can get more information about the program requirements by visiting your prospective school or by going online.

Duration

Typically, short educational courses take around 6-12 months to complete. The duration will depend upon the school you choose.

How do I Enroll

You will need a high school diploma and must fulfill the minimum CGPA requirements to qualify for enrollment in this course. However, some short courses are designed specifically for graduate and undergraduate students. It is recommended that you learn about the admission requirements by visiting the admission web page of the prospective school.

Career Opportunities

After completing a course in small business management, you can start your own business venture, or take over an existing one. The program will provide you with the skill and technical expertise needed to run a business successfully. The career opportunities are vast and dynamic. You can work as a sole proprietor, or gather a few employees for a small business project, depending upon your area of interest and business plan. Interest, passion, creativity, and finance play a key role in determining your success. It is important to remember that the SBA offers help and guidance to all new small business owners. You can choose to launch your own business in the different industries such as the food industry, services industry, design industry, e-commerce industry, and more. The income level will vary and depend upon many factors.

 

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Q:How long does it take to get a certificate in small business management?

A:The duration of the certificate program will depend on the institute you enroll in. Some institutes offer 1 year certificate programs whereas some are offering 6 month certificate programs. You can check with prospective schools to learn more about the duration of the program. Certificate programs can be pursued online as well.

Q:How fast can you get your certificate in small business management online?

A:The duration will depend on the program track you opt for and the institute you enroll in. Some institutes are offering 6 month certificate programs. You can search online and learn more about the duration and availability. Many schools are offering online programs that make it easier for individuals to pursue without having to sacrifice their jobs or other commitments.

Q:How many credits are required for in small business management certificate?

A:The credit hour requirement of a certificate program will depend on the institute your enroll in. This requirement may vary from college to college and will also depend on the mode of study. Some institutes are offering certificate programs that have a 9 credit hour requirement, whereas some programs have a 10 credit hour requirement.

Q:What subjects will you study in small business management certificate?

A:For a certificate in small business management, you will study a variety of subjects, including introduction to entrepreneurship, opportunity recognition, action planning and management for a new business venture, marketing strategies for entrepreneurs, business law for startups, marketing tools for startups, business development for web startups, foundations or web and mobile startups and so on.

Q:What benefits will I get with a small business management certificate?

A:A certificate program in small business management is designed for small business entrepreneurs or individuals interested in setting up or managing a small business. The will help individuals learn about different strategies used for growing and maintaining small firms. Students will develop skills, ideas, and knowledge needed to run small businesses successfully.

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