Title: Module 2 Introduction: (CU2 M2) Human, Financial, and Premises (Facilities)
Course: SkillsCom BA 260 15.0 > Section: Credit Unit 2 Module 2- Human, Financial, and Premises (Facilities)

This Module focuses on the idea of "human capital": identifying and gathering competent colleagues and collaborators that will aid you in achieving success. As an entrepreneur, it is important to make good strategic decisions. Strategic decisions are ones that have the most impact. One very important strategic decision is to spend time reviewing the many resources that the entrepreneur can tap into. Ask yourself, “Who can help me and my business be successful?”

An answer to this question might be to seek out experts that can help in a consulting capacity. Another answer might be to hire employees or even assemble a team of co-founders. Maximizing the benefits of human capital is key to a successful business venture.

Another strategic decision addresses the options for a site for the business. Hopefully, you realize the importance of not tying yourself to a lease for an office with a panoramic view of the city if your bedroom would do just as well.

In this Module, we will explore how to assemble an effective team, how to hire human capital to the benefit of your business, and the components of building a strong working team. In addition, we will examine the best practices for picking out premises for your company.

Module Outcome:

- Explain the importance of human capital.