ENT (0215) 664 - Entrepreneurship and Family Ventures

Credits: 3.00

Students will explore how Entrepreneurship works in a family business context, and how to grow the business via entrepreneurial leadership. Students will also view the key issues that pertain to both individuals and teams within all aspects of family organizations.

Course Learning Goals: 1. Develop an understanding of the opportunities and obstacles in a Family Business.
2. Become familiar with the actual make-up of different types of family firms.
3. Develop an understanding of business models and how they evolve to meet the realities of the growing family enterprise.
4. Gain knowledge of the internal flow of information and activities, and how they interplay to affect the financial consequences.
5. Learn of the influences of Leadership, sibling positions, and other factors facing family firms.
6. Expand their awareness of the personal and inter- personal issues associated with family businesses.
7. Know the difference between an entrepreneur and a small business owner/manager.
8. Create and compose a successful business plan.