Introduction to Small Business Management

Course Code:

Credit Hours:

Effective beginning:



Course Description:
This course introduces the student to the world of small business and family business management. It explores the managerial processes related to these areas and differentiates them from those found in corporations and large organizations. The class provides the student with an opportunity to analyze the mind of the small business manager, brainstorm potential business options, and consider various contemporary issues facing the small business manager. Group projects will be utilized and oral and written reports will be required.

Course Details




Required textbooks/ course materials:

Small Business Management: Launching and Growing Entrepreneurial Ventures (w/MindTap), 20th ed., Cengage. ISBN: 9780357718827.

Cengage Unlimited:
1-semester subscription: ISBN 9780357700006
1-year subscription: ISBN 9780357700013
2-year subscription: ISBN 9780357700020




Assignment/course outline:

The following topics will be covered in this course at the discretion of the instructor:              

  • The Entrepreneurial Life     
  • Integrity & Ethics     
  • Starting a Small Business, Franchises & Buyouts, the Family Business     
  • The Business Plan, the Marketing Plan      
  • The Organizational Plan, the Location Plan       
  • Understanding a Firm’s Financial Statements     
  • Forecasting Financial Requirements, a Firm’s Sources of Financing     
  • Planning for the Harvest      
  • Building Customer Relationships, Product Development & Supply Chain
  • Management     
  • Pricing & Credit Decisions, Promotional Planning
  • Global Opportunities for Small Businesses     
  • Professional Management & the Small Business, Managing Human Resources
  • Managing Operations, Managing the Firm’s Assets     
  • Managing Risk in the Small Business


Discipline-level learning outcomes:

Bachelor of Science in Business Administration degree Learning Outcomes:  

BA-1 Exhibit knowledge of accounting, finance, management, legal, operations and marketing.   

BA-2 Identify MIS, economics, technology, statistical data and decision support tools for making effective business decisions.

BA-3 Recognize the impact of today’s global economy, diversity and cultures on businesses. 

BA-4 Comprehend how effective leadership, teamwork and ethics relate to best business practices.  

BA-5 Use effective oral and written communication skills, including effective research techniques.


Course-level learning outcomes:

Course-level student learning outcomesDiscipline-level learning outcomesAssessment methods

Evaluate the contemporary environments of small and family business firms.  

Appraise the contemporary problems and issues facing small businesses and family businesses.

Evaluate international opportunities for small and family business.  

Synthesize strategies to manage the complexities of contemporary small and family business.

Compare legal issues that impact small business performance.

BA-1, BA-2, BA-3, BA-4, BA-5 

BA-1, BA-2, BA-3, BA-4, BA-5 

BA-1, BA-2, BA-3, BA-4, BA-5 

BA-1, BA-2, BA-3, BA-4, BA-5 

BA-1, BA-2, BA-3, BA-4, BA-5 


Tests, Quizzes, Homework



Means of accomplishing learning outcomes:

  • Attend and participate in class regularly.
  • Read all assigned material before class.
  • Study in-class notes and online (Canvas) materials.
  • Complete assigned projects in a timely manner to enable reflections and revisions on the final product.
  • Participate in discussions.
  • Demonstrate your mastery of the required skills on quizzes, exams, etc.
  • Complete all assignments with promptness and accuracy.
  • All written documents as well as online assignments must be completed using correct grammar, spelling, and structure.

The grading breakdown is subject to change at the discretion of the instructor.


up to 40%

Test (which includes Midterm and Final) 

up to 60%

Assignments, Projects and/or Labs      

up to 40%


up to 20%


College-wide policies and resources

For more specific information on Chipola's college-wide academic policies and resources available to students, visit the link below.