TEC702 Course Outline

Course Code: TEC702
Course Name: Technician as an Entrepreneur
Offered Date: Winter - 2022 | Other versions
Print Outline
Course Description:
As the world of work continues to shift and change, the ability to start and manage one?s own business has risen to the forefront. Students will learn how to develop, market, finance, promote and present their business idea by creating a complete business plan, with all its components, using a Kickstarter look alike site or they can start a real business if they are ready. The focus is on effective writing, financial. and presentation skills, using all current technologies, to create a business plan ready for crowd source funding.
Credit Status: 1 credit in the CNS / CTY program.
1 professional option credit in the CPD/CPA program.
Prerequisite: EAC397
Mode of Instruction: 2 hours interactive lecture per week.
2 hours practical exercise development per week.
Learning Outcomes:
  •     Develop an idea with options
  •     Choose the various financial tools available
  •     Analyse Financial Data
  •     Prepare a Business Plan
  •     Research the market
  •     Prepare a sales forecast
  •     Prepare a cash flow analysis
  •     Prepare an initial launch
  •     Decide whether to form a
    •         Sole proprietorship
    •         Partnership
    •         Corporation
Employability Skills:

    •  Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.|    •  Respond to written, spoken, or visual messages in a manner that ensures effective communication.|    •  Execute mathematical operations accurately.|    •  Apply a systematic approach to solve problems.|    •  Use a variety of thinking skills to anticipate and solve problems.|    •  Locate, select, organize, and document information using appropriate technology and information systems.|    •  Analyze, evaluate, and apply relevant information from a variety of sources.|    •  Show respect for diverse opinions, values, belief systems, and contributions of others.|    •  Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.|    •  Manage the use of time and other resources to complete projects.|    •  Take responsibility for one's own actions, decisions, and consequences.|
Topic Outline:
  •     Characteristics of successful Entrepreneurs - 15%
  •     Steps to open and operate a successful Business - 15%
  •     Critical examination of basic forms of small business ownership - 15%
  •     Identify core competencies required by an entrepreneur - 15%
  •     Stages to develop a winning Business Plan - 40%
Prescribed Text(s):
Reference Material:
  • The One Page Business Plan for the Creative Entrepreneur, ISBN 1-891315-09-9
  • Business Plan Builder, Thomson Publishing ISBN 0-324-42118-4
Promotion Policy:

To obtain a credit in this subject, a student must:

  •     Achieve a grade of 50% or better on the tests
  •     Achieve 50% or better on Business Plan and Presentation
  •     Achieve 50% or better as a final mark


Grading Policyhttp://www.senecacollege.ca/about/policies/grading-policy.html

A+ 90%  to  100%
A 80%  to  89%
B+ 75%  to  79%
B 70%  to  74%
C+ 65%  to  69%
C 60%  to  64%
D+ 55%  to  59%
D 50%  to  54%
F 0%    to  49% (Not a Pass)
EXC Excellent
SAT Satisfactory
UNSAT Unsatisfactory

For further information, see a copy of the Academic Policy, available online (http://www.senecacollege.ca/about/policies/academics-and-student-services.html) or at Seneca's Registrar's Offices. (https://www.senecacollege.ca/registrar.html).

Business Plan Project 40%
BPP Presentation 10%
Entrepreneurial Skills Review 10%
Case Study (Minimum 1) 20%
Tests (Minimum 1) 20%

Approved By:
Suzanne Abraham
Cheating and Plagiarism:
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Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.
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Accomodation for Students with Disabilities
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