How Entrepreneurship Courses Can Help Small Business Owners

Whether you already own a small business or are hoping to start one in the future, advancing your education may help you pave your path in the business world.

Entrepreneurship classes are designed to boost your knowledge and help teach you the essential skills needed to build a well-rounded and efficient small business. Read on to learn what you can gain from this type of hands-on coursework taught by experienced professors. 

Taking entrepreneurship classes could help you learn important skills related to opening a small business, such as how to set up your company, plan for its growth, evaluate your competition, market your business and more.

If you’re looking to start you own business, earning a degree might help give you an extra boost. While there are many programs that offer entrepreneurship courses, there are a few reasons why earning an MBA might be the right choice for you. 

At DeVry, for example, the courses in our MBA in Entrepreneurship program can help you gain skills in areas such as:

• Management
• Communication
• Problem Solving
• Technology
• Marketing
• Finance

Developing a well-rounded skillset in all areas of business can be particularly helpful not just in your early days, but also as you grow your company and plan for future expansions. 

When taking entrepreneurship classes, it makes sense to consider applying them toward a program so that you can earn a degree upon completion. At its heart, an MBA is a degree that helps you prepare to pursue management roles. It’s a great option if you’re looking to sharpen your skills as a collaborator, people manager, communicator and business owner.

An MBA teaches you problem solving skills such as how different management styles influence how you motivate your employees to work toward company goals. It can also teach you a wide range of business-related skills like strategy, finance, marketing, negotiation and how to use technology to your advantage when starting out as an entrepreneur.

You might also find that an MBA can offer more career flexibility compared to other more targeted degrees. The flexible nature of an MBA program and its broad application might also help you as your role and job tasks evolve with your business over time. 

If you’re wondering what entrepreneurship courses should be included in your MBA program, here are a few examples:

• New venture planning: Classes like this may include topics such as business ideation and opportunity assessment, growth management and equity financing.
• Marketing: Learn about how marketing plays a role in the success of a new venture by looking at topics like assessment, selection, market research and segmentation.
• Business development: Find out how to form a business from a kernel of an idea and learn to recognize which ideas are worth pursuing and which skills can be used to help your company grow.
• Venture finance: Explore strategies and options for attracting capital investments for your company.