Course detail

Company Establishment And Company Management

ÚSI-2FDZPAcad. year: 2011/2012

The course expects basic knowledge acquired in related courses, in the field of Macroeconomics, Microeconomics, Accountancy, Fundamental knowledge of laws for business, Taxes, Corporate business and finance, Marketing and Management. In the course “Founding and Managing an Enterprise” students will apply the knowledge acquired in the above mentioned fields and will summarize it in the end of the semester in the form of a semester work.

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Learning outcomes of the course unit

Students will be familiar with modern theories used in all entrepreneurial processes. They will acquire basic skills necessary for founding of own company. They will be able to manage own company actively minimizing an entrepreneurship risk.

Prerequisites

Not requested.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

Evaluation
The course unit-credit is awarded on the following conditions:
1. Active participation in the seminars will be checked and evaluated by the teacher - max. 100 points.
2. Successful elaboration of a semester work and presentation in a defined term - max. 100 points.
3. Total amount of points required for a course-unit credit has to be higher than 150 points.

Course curriculum

1. Introduction to small business, definition of the subject.
2. The causes of successes and failures of small and medium-sized companies.
3. Startup of small and medium-sized companies.
4. Starting a business vs. buying an existing business.
5. Legal entities suitable for small business.
6. Franchise business concept.
7. Successful strategies for small business.
8. Business plan.
9. Resource management in a small company.
10. Financial aspects of small business.
11. Family business.
12. The causes of bankruptcies of small businesses, drop, fall.


Work placements

Not applicable.

Aims

The purpose of the subject is to provide students with sufficient knowledge for incorporation and subsequent management of their own company. The subject deals with the issue of business enterprising across the life flow chart of the company, i.e. from incorporation via company growth and maturity to potential liquidation. The term project closing the term represents a simple project of incorporation of the student’s own company.

Specification of controlled education, way of implementation and compensation for absences

Not applicable.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

HISRICH, R., D., PETERS, M., P.: Založení a řízení podniku. Victoria Publishing, Praha, 1996. ISBN 80-85865-07-6.
CATLIN, C., MATTHEWS, J.: Vedení rychlostí růstu, Management Press, Praha, 2003. ISBN 80-7261-083-X.
BARROW, C.: Základy drobného podnikání. Grada, Praha, 1996. ISBN 80-7169-232-8.
GERBER, E., M.: Podnikatelský mýtus, Management Press, 2 vydání, Praha, 2004. ISBN 80-7261-092-9.
KORÁB, V., MIHALISKO, M.: Založení a řízení společnosti. Společnost s ručením omezeným, komanditní společnost, veřejná obchodní společnost. Computer Press Brno, 2005. ISBN 80-251-0592-X.

Recommended reading

BURNS, P.: Entrepreneurship and Small Business. Palgrave, London, 2001. ISBN 0-333-91474-0.
WILSON, P. & BATES, P.: The Essential Guide for Small Business Growth. Wiley, 2003. ISBN 0-470-85051-5.
STOKES, D.: Small Business Management. An Active - Learning Approach. 2nd Edition. DP Publication, ltd. London, 1995. ISBN 1-85805-189-4.
LEACH, P.: Guide to the Family Business. The BDO Stoy Hayward, 2nd Edition, London, 1996. ISBN 0-7494-1258-5.
HALLORAN, J., W.: Why Entrepreneurs Fail. Liberty Hall Press, USA, 1991. ISBN 0-8306-3511-4.
BRIDGE, S., O´Neil, Cromie, S.: Understanding Enterprise, Entrepreneurship and Small Business. Palgrave, UK, 2003. ISBN 0-333-96499-3.
CARLOCK, R.S. WARD, J.L.: Strategic Planning for the Family Business. Palgrave, UK, 2001. ISBN 0-333-94731-2.

Classification of course in study plans

  • Programme MRzI Master's

    branch RFI , 2. year of study, summer semester, compulsory-optional

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Exercise

13 hours, compulsory

Teacher / Lecturer