BUSINESS ADMINISTRATION SYLABUS
MODULE I: FUNDAMENTALS
Topic 1. Enterprises & businesspeople
Topic 2. Types of enterprises
Topic 3. Environment
Topic 4. Introduction to the management subsystem
MODULE II: FUNCTIONAL SUBSYSTEMS Chapter 9: Business evolution over time
Topic 5. Introduction to the operations subsystem
Topic 6. Enterprises & marketing management
Topic 7. The financial functioning of enterprises
Topic 8. Human Resources INES HERRERO CHACÓN
UNIVERSIDAD PABLO DE OLAVIDE
MODULE III: BUSINESS DEVELOPMENT SEVILLA
Topic 9. Business Evolution over time.
Topic 10. Business cooperation.
The Context of Some alternative forms of
Entrepreneurship entrepreneurship
• What Is Entrepreneurship? Intrapreneurship
– Entrepreneurship is the process of starting new businesses,
generally in response to opportunities.
• Entrepreneurial Ventures Spin-Offs
– Organizations that pursue opportunities, are characterized
by innovative practices, and have growth and profitability
as their main goals.
Franchises
Entrepreneurial venture = small firm???
Developing a Business Plan Definition of Business Plan
• Once an entrepreneur conceives a good
idea for a new venture, next critical • Business Plan
step is to prepare a business plan.
– A written document that summarizes a business
• It is a blueprint that maps out the opportunity and defines and articulates how the
business strategy for entering markets identified opportunity is to be seized and
• It explains the business to potential exploited.
investors.
• It develops strategies and tactics to
minimize risk of failure.
1
Key Components of the Business Plan
Venture Capital
• Description of the product or service
• Analysis of environment (market trends and Venture Capital
potential competitors)
• Estimate for pricing the product or service Money invested to finance a new firm
• Estimate for the time it will take to generate
profits
• Plan for growth and expansion of the business
• Organizational and management plan Since success of a new firm is highly dependent
• Marketing plan on the effort of the managers, restrictions are
• Plan for manufacturing the product placed on management by the venture capital
• Plan for obtaining financing company and funds are usually dispersed in
stages, after a certain level of success is
• HHRR plan
achieved.
Sources of Financial Resources Possible Financing Options (I)
• Financial institutions
• Debt Financing – obtaining a Banks, savings and loan institutions,
money from external sources and government-guaranteed loan, credit unions...
setting up a plan to repay the
• National, state, and local governmental
principal and interest
business development programs
• Equity Financing – raising money • Initial public offering (IPO)
by selling part of the ownership The first public registration and sale of a
of the business to investors company’s stock.
• Unusual sources
Television shows, judged competitions, etc.
Possible Financing Options (II) Terms to Know
• Seed funding • Entrepreneurship
Personal savings, friends and family money, • Entrepreneurial ventures
personal loans, credit cards, etc.
• Intrapreneurship
• Venture Capitalists
• Spin-off
External equity financing provided by
professionally-managed pools of investor money. • Franchise
• Feasibility study
• Angel Investors
• Venture capitalists
A private investor (or group of private investors)
who offers financial backing to an entrepreneurial • Angel investors
venture in return for equity in the venture. • Initial public offering (IPO)
• business plan
• Internal / external / hybrid growth
