Title: Credit Unit 4 Introduction
Course: SkillsCom BA 260 15.0 > Section: Credit Unit 4 Module 1- Strategies and Rewards for Running a Successful Business

Rewards and Exit Strategies in a Successful Business

Well, it has been a long journey! Once upon a time you had a pastime of dreaming up potential business ideas without doing anything about them. At a certain time, one idea actually seemed right as opportunities in the business environment aligned with the idea. So, you went for it! You researched the market, sources of finance, and human capital to help you develop your idea.

You then compiled all of the aforementioned information in a business plan to try to convince potential investors that your idea was going to be a winner…..and it was! Well, at least you were able to make a good living.

In this final Credit Unit we will investigate the rewards and strategies for running a successful business and eventually evaluate potential exit strategies from your entrepreneurial ventures.

Course Outcomes:

- List and discuss the characteristics of successful entrepreneurs.
- Analyze new business opportunities that exist in the marketplace.
- Evaluate the feasibility of pursuing an opportunity that you’ve recognized.
- Develop a business plan that includes both conceptual and technical components.
- Identify and discuss obstacles to entrepreneurial success.
- Identify the resources and financing necessary to start an entrepreneurial venture.
- Discuss organizational characteristics and best management practices for start-up companies.

There are 2 Modules in this Credit Unit:

- Module 1 - Strategies and Rewards for Running a Successful Business
- Module 2 - Potential Exit Strategies from Entrepreneurial Ventures