A study of the basic accounting concepts and procedures underlying the organization and reporting of financial information. Topics include the accounting cycle, the preparation of financial statements, the measurement and reporting of business income, and the valuation and presentation of assets and current liabilities.
Successful business development plans include a situation analysis, a SWOT analysis and clearly outlined goals, objectives, strategies and tactics. The plan provides guidance for all members of the organization. Situation Analysis A situation analysis is the process of gathering internal and external information to help in creating a business development plan.
External information includes information about the business environment, economy, industry and competitors. Internal information includes information about employees, including turnover, longevity, satisfaction, as well as customers, including who they are, how long they've been customers, what they've purchased, and any particular strengths or weaknesses that the company may have.
Doing a good job of gathering specific, factual information about the business environment is important to help frame the discussion that will eventually lead to the development of goals, objectives, strategies and tactics.
SWOT stands for strengths, weaknesses, opportunities and threats. It is the process that businesses use to review all of the information gathered during the situation analysis to determine how that information impacts the business in positive and negative ways.
Generally, a small group will brainstorm each elements of the SWOT analysis, capture the items they come up with and prioritize the items so that they end up with three to five main items in each category. Goals, Objectives, Strategies, Tactics The results of the SWOT analysis serve as an important input to the establishment of goals, objectives, strategies and tactics.
Goals are high level and indicate what the business development plan is designed to accomplish in a broad, general sense. Objectives are more specific and include clear, measurable outcomes and timelines. Strategies indicate how the company will accomplish its objectives by leveraging its strengths and opportunities, and overcoming its weaknesses and threats.
Tactics are operational and indicate exactly what the company will do to achieve its strategies.The Masters in Counselor Education is designed to provide knowledge and skills for school counselor certification and provide a program of courses that satisfies requirements for the Licensed Professional Counselor (LPC) license.
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The Business program provides distinctive learning that actively engages students, faculty, and the business community in developing knowledge and skills relevant for .
The Department of Economics and International Business teaches students to be creative thinkers and problem solvers who are comfortable in diverse business settings and prepares them for careers in non-profits to international corporations. Situation Analysis. A situation analysis is the process of gathering internal and external information to help in creating a business development plan.
Entrepreneurship Classes. Topics include facts about a small business, essential management skills, how to prepare a business plan, financial needs, marketing strategies, and legal issues. peer-to-peer and group training, one-on-one business advising and connections to entrepreneurial resources and resource partners in Houston who can.