EDU 472: Entrepreneurship & Small Business

Pre-requisite: None
Course Content
1. Concept of entrepreneur and the entrepreneurial process
 Theoretical knowledge of Entrepreneurship
 Concepts of entrepreneurship and an Entrepreneur
 Characteristics of an Entrepreneur
 Entrepreneurial skills
 Importance of entrepreneurship
2. Characteristics of entrepreneurs.
 Important personal attributes in entrepreneurship
 Innovation, creativity, and value analyse
3. Understand the Internal and External environment of the business.
 Internal and external environment of the business
 Strengths Weaknesses Opportunities Threats analysis
 Political Economic Social Technological analysis
 Managing Environmental Elements
 Effect of tax on Business
4. Have an understanding of professional management of Enterprises.
 Forms of business
 Sole trader & Partnership
 Limited companies
 Cooperatives
5. Strategic planning for small businesses.
 Sources of Capital
 Developing business ideas
 Resilience of Small Businesses
6. Starting your own business
 Business opportunities
 Business ideas
 Marketing plan
 Competitive advantage
 Customer analysis
 Intellectual property
7. Financial planning and Management
 Purpose and importance of banking in business
 Financial Inclusion among Small Business
 Understanding of financial planning
 Components of cash flow, income and expenditure and balance sheet

Method of Teaching
3 hours of lectures per week
1 hour of tutorials per week
Assessment

1
Continuous assessment 40%
1 assignment 10%
2 tests of equal weight 30%
Note: Lecturer may make changes

Final examination 60%

Prescribed Reading
De Klerk, A., Old, S. and Breebaart, H. (2001). Introduction to Entrepreneurship and Small
Business Management. Pretoria: University of South Africa, UNISA.
Hargreaves, R. (1987) Starting Business, a Practical Handbook. London: Heinemann.
Holt, H. D. (2004). Entrepreneurship, New ventures Creation. New Delhi: Prentice Hall.
Robert D. H. et al. (2008). Entrepreneurship (6th ed.). New Delhi: Tata McGraw-Hill
Publishing Company Limited.
Recommended Reading:
Rudinger, E. (1989). Entrepreneurship. London: consumer association Ltd.
Sexton, D.L., and Lanstrom, H. (Eds.), (2000). Handbook of Entrepreneurship. Oxford:
Blackwell Business.
Stephen, C. (2003). Starting your own Business. Harper: Mc Grow.
Stokes, D. and. Wilson, N. (2006). Small Business Management and Entrepreneurship (5th
Ed). London: Thomason Learning.