Entrepreneurship & New Enterprise Planning

Paper Code: 
MAM 126
Credits: 
4
Contact Hours: 
60.00
Objective: 

The Course attempts to equip the students with the knowledge of the basic principles of Entrepreneurship & Innovation. The course also aims to acquaint the students with the challenges and functionalities of starting a new business venture

12.00
Unit I: 
Entrepreneurship/ Entrepreneur

Definition, features, types, Entrepreneur vs. Manager. Creativity and innovation – Stimulating creativity, organizational actions that enhance/hinder creativity, managerial responsibilities, sources of innovation in business.
Business Plan - Concept, Characteristics, Process.

12.00
Unit II: 
Starting the New Enterprise

Generating Business Idea, Sources of New Idea, Methods of generating Ideas, creative problem solving, opportunity recognition, environment scanning, competitor and Industry analysis.
Feasibility Planning – Concept, Four stages of Growth model, Fundamentals of feasibility plan, The feasibility Plan.

12.00
Unit III: 
Marketing Research for New Enterprise

Marketing plan, Marketing research in the pre-start-up phase, Steps in preparing marketing plan, competitive Analysis:- Research after start-up.
Organizational Plan – Forms of ownership, designing organization structure, job design, manpower planning.

12.00
Unit IV: 
Financial Resources and Planning

Asset management, Equity financing, cash budget, Working capital, Performa Income statement, Performa cash flow, Performa balance sheet, Break-Even-Analysis

12.00
Unit V: 
Sources of Finance

on equity, venture capital, Financing, commercial banks, government programmes, Financial Institutions supporting entrepreneurs, Legal Issues – Intellectual property rights, patents, trademarks, copyrights, licensing & franchising.
Preparing Business Plan – Drawing Business plan, Preparing Project report

Essential Readings: 

• Holt, D.H. Entrepreneurship new venture creation.
• G.S.Sudha, Fundamentals of entrepreneurship, RBD, Jaipur.
• S.S. Khanka, Entrepreneurship Development, S.Chand Publications, New Delhi.
• Nafees A. Khan, Fundamentals of entrepreneurship, Anmol Publications, New Delhi.
• E. Gordon & K. Natarajan, Entrepreneurship Development, Himalaya Publications.
• Vasant Desai, Fundamentals of Entrepreneurship and Small Business Management, Himalaya Publications

Academic Year: