Small Business Management Course Analysis

As I look back eight weeks ago when I first started this class, I had great expectations of this course since it was concentrating in Small Business Management. This is a topic that I 'm especially interested because my goal is to start my own business in a nearby future. My expectations were exceeded there were several topics that has broaden my knowledge and understanding. There were several areas that I found most helpful, and I was able to learn the most. The first topic was Supply Chain Management (SCM); I was able to relate the most since in the Army I 'm Logistics field; and my degree concentration is in Supply Chain Management. Second, is the topic on Global Opportunities for Small Business which in a way can be closely related to SCM. Last but not least, the chapter on Building Customer Relationships. For each one of these topics, I was able to captured and understand a great amount of information on how small business functions and should be managed. As a Business major student, and future entrepreneur each of these topics are very important to understand because entrepreneurs deals with the on a day to day basis. As an entrepreneur (founder/CEO) is your job to have a full an clear understanding of all the aspects that requires to run a successful business. Some of these topics can make or break a business if not properly managed. …show more content…
I say this because, 90% of all small business depends on vendors, suppliers, and distributors. It is important to understand the process and all the key player in Supply Chain Management. Supply chain refers to the collaborative workflow among all components. To a small business the major focus should be on what is call lean supply chain; meaning eliminating or minimizing the middle man. To a small business this can be an essential element for operational