The unit will prepare students for starting and running a small IT business. It will enable students to research and develop a new IT business proposal. The students will role-play four forms of business ownership: sole proprietorship, partnership, corporation and trusts. The unit provides the opportunity for them to have a broad and coherent body of knowledge, including the types of IT-related businesses; business plan development; business functions: marketing, location, operations, staffing, accounting; government assistance;  e-business; home-based business; taxation; borrowing; franchising; social, environmental and ethical considerations.

Unit details

Study level:
Undergraduate
Credit points:
12
Unit code:
NIT3274

Prerequisites

NIT2171 - Introduction to ICT Management

NIT2271 - ICT Change Management

NIT2171 OR NIT2271

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Distinguish the various forms of ownership of small businesses, including IT businesses;  
  2. Evaluate various IT business opportunities;  
  3. Prepare a proposal for starting and running a business; and  
  4. Appraise sources of finance for starting and running the business.  

Assessment

Assessment type Description Grade
Test Test (one hour) 10%
Project Team Project: Business Website Development 40%
Examination Final Examination (3 hours) 50%

Required reading

Small Business Management: Entrepreneurship and Beyond 6th Edition
Hatten, T. S (2015)
Sydney: Cengage Learning

Recommended Text: Longenecker, Justin G, Moore, Carlos W, Petty, J.W, Palich, Leslie, E (2003) Small business management : an entrepreneurial emphasis 12th ed. Thomson South-Western, Mason, Ohio.

Where to next?

As part of a course

You can choose to study this unit as part of the following courses. Refer to the course page for information on how to structure your course to include this unit.

Study a single unit

This unit may be available as a single unit of study.

Find out more about how to apply for single units of study at VU.

VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.