HDCF 429

Small Business Operations
Spring 2008
Holly Hunts,
Ph.D., CFCS
222 Herrick
Hall
994-7993 voice
994-2013 fax
hhunts@montana.edu
www.montana.edu/hhunts
Dr. Hunts' Office hours: Wednesday 9 - 10 a.m. and 12:30 - 3:30 p.m. in 222 Herrick Hall
Required Texts: Longnecker, Moore, Petty & Palich (2008). Small Business Management (14th ed). Mason, OH: Thomas
Higher Education
Rothenberg, M. (2006). Something Ventured Telecourse Guide (6th ed.) Mason, OH: Thomas Higher Education
Prerequisite: HDCF 138
Course Description: This course introduces basic finance, accounting, marketing, and mangement concepts for owning and operating a successful small family-owned business. Special attention is given to small family-owned businesses involving areas of study in health and human development.
Course Objectives:
The purpose of this course is to introduce students to the basic management, marketing and legal requirements for owning and operating a successful small business. Special attention is given to small businesses involving areas of study in health and human development.
Evaluation: Student performance in this course will
be assessed as follows:
Discussion Grades : 25%
Total worth of completed Business Plan:
25%
Exams: 20%
Evening lecture series: 10%
Homework/Quizzes:
15%
Participation as measured by visiting Power Points and Flashcards: 5%
Notes:
Letter grades will be based on: 90 – 100% A; 80% - 89% B;
70% - 79% C; 60% - 69% D; below 60% is a failing grade. Pluses and minuses will
be based on the curve within the class ranges.
Discussion grading will use the rubric posted on WebCT. Do not underestimate the importance of doing well in discussions and in your business plan.
Classroom Procedures:
Behavioral
Expectations: Montana State University
expects all students to conduct themselves as honest, responsible and
law-abiding members of the academic community and to respect the rights of
other students, members of the faculty and staff and the public to use,
enjoy and participate in the University programs and facilities. For
additional information reference www2.montana.edu/policy/student_conduct/cg600.html
Collaboration: University policy states
that, unless otherwise specified, students may not collaborate on graded
material. Any exceptions to this policy will be stated explicitly for
individual assignments. If you have any questions about the limits of
collaboration, you are expected to ask for clarification.
Plagiarism: Paraphrasing or quoting
another’s work without citing the source is a form of academic misconduct.
Even inadvertent or unintentional misuse or appropriation of another's work
(such as relying heavily on source material that is not expressly
acknowledged) is considered plagiarism. If you have any questions about
using and citing sources, you are expected to ask for clarification.
Academic Expectations: Section 310.00 in the MSU
Conduct Guidelines states that students must:
A. be prompt and regular in attending classes;
B. be well prepared for classes;
C. submit required assignments in a timely manner;
D. take exams when scheduled;
E. act in a respectful manner toward other students and the instructor and in a way that does not detract from the learning experiences; and
F. make and keep appointments when necessary to meet with the instructor.
A. be prompt and regular in attending classes;
B. be well prepared for classes;
C. submit required assignments in a timely manner;
D. take exams when scheduled;
E. act in a
respectful manner toward other students and the instructor and in a way
that does not detract from the learning experience; and
F. make and keep appointments when necessary to meet
with the instructor.
In addition to the above
items, students are expected to meet any additional course and behavioral
standards as defined by the instructor.
Students with
Disabilities: If you have a documented
disability for which you are or may be requesting an accommodation(s), you
are encouraged to contact your instructor and Disabled Student Services as
soon as possible.
Email Policy: I expect that you will
check your WebCT email at least every 2 days. If there is a problem with WebCT look for messages on your campus "myportal" account.
Student Educational
Records: All records related to
this course are confidential and will not be shared with anyone, including
parents, without a signed, written release. If you wish to have information
from your records shared with others, you must provide written
request/authorization to the office/department. Before giving such
authorization, you should understand the purpose of the release and to whom
and for how long the information is authorized for release.
Students have the
right to access their educational records by appointment. This information
is protected by the Family Educational Rights and Privacy Act (FERPA). For
more information contact the Dean of Students office at 994-2826.
Withdrawal
Deadlines
February 6: last day to drop class without a grade
February 7 - April 18: Dropped classes are graded "W"
April 23 - May 4: No drops allowed
I will only support requests to withdraw from this course
with a “W” grade where extraordinary circumstances exist as
per MSU requirements. (Not having the grade that you would like and/or choosing not to be engaged in the course is not an extraordinary circumstance.)
Additionally:
1. All assigned work must be turned in before the
last day of the course in order
for the student to pass the course. Late work will be accepted but will be
penalized at 10% per calendar day. An assignment is late if it is posted any time after 11:59 p.m. on the day that it is due. If you
are having computer problems, please call the help desk 1777. Losing work on a
disk is not an excuse for a late assignment. You need to back everything
up on a second disk so you do not lose information. Not completing
an assignment because a server is down - is not an excuse either.
This means you should not wait until the last minute to attempt the
on-line portions of the assignments.
2. This course requires AT LEAST two hours of preparation out of class
for each hour spent in class. Occasionally students will tell me that they have spent hours and hours on the class - but when I check on-line I can see that they have only visited WebCT for a few minutes here and there. So, be aware that I do have some concrete measurements of the time and effort you are spending on this course (not perfect measurements of course - but some measurement).
3. I will make every effort to ensure that the class is running
smoothly and that students are understanding course material BEFORE the
exams. However, if you are having problems, please contact me and we will
set up study sessions or office hours to solve the problems. If you are
concerned about the course in any way, please see me when the concern
arises. Do not wait until the course is ending to bring up concerns.
4. You are always welcome to question a grade I have assigned.
This questioning must take place in writing with "proof" that
you are correct (for example - you might write: Dr. Hunts - I
believe "A" is a correct answer to question 34 - as per the
discussion of the topic on p. 23 of the text.). I will not entertain
the questioning of any grade in a verbal manner.
General Course Operation:
Not all of the material covered in this course will come directly from the text.
Some material will come from the videos, some from
federal agencies, guest speakers, etc. My approach is taken
with a great deal of thought. I want students to be exposed to a
variety of resources (so that you will know how to be resourceful later).
You will receive a review
sheet before each exam that will cover the main learning objectives for
the exam.
There will be two exams. Cheating on the exams will result in failure of the course.
There will be several business plan assignments. Cheating/plagiarism in any
form on any assignment is strictly forbidden and will result in failure of the
course. False identification for attendance points and in-class exercises
will result in all participating parties failing the course.
The business plan project will transcend the entire semester. Preliminary work on the proposed business plan will begin in February and culminate with a complete business plan by late April. The project will require students to use computer technology, library resources and other information. A copy of the business plan grading rubric is available on WebCT.
Students are required to
regularly check their myportal email accounts. You should plan
on checking these accounts at least every 2 days. Information
on the WebCT is continually updated and students should plan to
regularly check the WebCT.
Tentative Schedule
All due dates are at 11:59 p.m. that day.
Discussion Questions will be posted on Mondays, original responses are due by Wednesdays and responses to your group memebers are due by Fridays.
Quizzes will be posted by Tuesday of that week and are due by Friday of that week.
Homeworks will be posted by Monday of that week and are due by Friday of that week.
All business plan related assignments will be posted Mondays and due by the following Sunday.
| Week |
Topic |
Assignments |
| January 14 |
Entrepreuneurship: An introductioon |
Read Chapters 1 and 2 |
| January 22 |
Entrepreneurship: An introduction |
Practice Discussion |
| January 28 |
Starting from Scratch or Joining an Exisiting Business |
Discussion 1: Do Power Point, Flashcards and Quiz 1 for chapters 1-2 |
| Februrary 4 |
Starting from Scratch or Joining an Exisiting Business |
Discussion 2: Do Power Point, Flashcards and Quiz 2 for chapters 3-5 |
| February 11 |
Developing the New Venture Business Plan |
Discussion 3: Homework 1 |
| February 18 |
Developing the New Venture Business Plan |
Mission and Vision Statements for Business Plan are due: Do Power Point, Flashcards and Quiz 3 Chapters 6-9. |
| February 25 |
Developing the New Venture Business Plan |
Company Overview of Business Plan is due: Do Power Point, Flashcards and Quiz 4 for Chapters 10-12: Homework 2 |
| March 3 |
Developing the New Venture Business Plan |
Product and Service Plan for Business Plan is due: Exam 1 chapters 1 - 12 |
| March 10 |
Spring Break |
|
| March 17 |
Focusing on the Customer: Marketing Growth Strategies |
Discussion 4: Marketing Plan for Business Plan is due |
| March 24 |
Focusing on the Customer: Marketing Growth Strategies |
Discussion 5: Management Plan for Business Plan is due: Do Power Point, Flashcards and Quiz 5 for Chapters 13-17 |
| March 31 |
Managing Growth in the Small Business |
Discussion 6: Operating Plan for Business Plan is due: Do Power Point, Flashcards and Quiz 6 for Chapters 18-19 |
| April 7 |
Managing Growth in the Small Business |
Discussion 7: Financial Plan for Business Plan is due: Do Power Point, Flashcards and Quiz 7 for Chapters 20-21 |
| April 14 |
Understanding what the Numbers Mean |
Discussion 8: Executive Summary for Business Plan is due |
| April 21 |
Understanding what the Numbers Mean |
Discussion 9: Do Power Point, Flashcards and Quiz 8 for Chapters 22 - 23 |
| April 28 |
Case Study |
Discussion 10: Final Business Plan is due. |
| May 5 |
Finals Week |
Exam 2 Chapters 13 - 23 |

Please contact Holly
Hunts for questions about this site.
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