A Program for Business Owners/Operators
- Utilize your current computerized bookkeeping system or begin learning a new program
- Educational and technical support at your place of business
- Learn to use new management tools
- Keep abreast of the changing business environment
- Learn to analyze financial statements
- Understand inventory control
- Learn to complete tax forms
- Begin to forecast income and expenses
- Develop marketing and risk management strategies that work for you
Why do small business owners/operators need training?
- 50 percent of small businesses fail within the first year
- 80 percent fail in the first five years
- Technology and business practices are changing at rapid rate
- Government regulations aimed at small businesses continue to change
- Information is POWER! Make it your business to know what is available, where to get it, and most importantly, HOW TO USE IT!
Three Certificate Options
Records & Computerization
Financial Analysis & Planning
Marketing & Risk Management
Students may elect to earn 1, 2, or 3 certificates.
Each Certificate requires a one-year course of study.
Records & Computerization
Two courses are required to complete this certificate.
SBM 131~ (9 Credits)~ One Semester
This course is designed to guide the student in the collection of necessary information to implement a computerized record keeping system. Discussion will include computer terminology, application software, balance sheet concepts, accounting principles, computerized accounting reports, and business planning components.
SBM 132 ~ (9 Credits) ~ One Semester
During this course the small business owner/operator will implement a computerized record keeping system, by identifying the use of their current system, or installing a new system. Emphasis will be placed on the application and maintenance of an accurate set of computerized financial records, use of a filing system, and compiling a business plan.
Financial Analysis & Planning
Two courses are required to complete this certificate.
SBM 141 ~ (9 Credits) ~ One Semester
Actual enterprise cost analysis will be calculated to facilitate the development of whole business projected cash flow statements. All facets of record keeping and updating of data will be emphasized, including refining and maintaining of a current accounting system. This course includes the review and revision of business planning goals and objectives.
SBM 142 ~ (9 Credits) ~ One Semester
Business analysis through the development of accurate cost and market value accrual balance sheets for the beginning and ending period for the small business owner/operator. Emphasis will be on the measurement and analysis of changes between the two balance sheets. Analysis will include the preparation of an accrual income statement. Financial ratios will be generated to understand their importance to business analysis. Data generated from an established record keeping system will provided the basis for the development of these accrual financial statements.
Marketing & Risk Management
Two courses are required to complete this certificate.
SBM 151 ~ (9 Credits) ~ One Semester
Emphasizes the identification of the strengths and weaknesses of the business and applying them in the development of plans for the business and applying them in the development of plans for the business. Includes the development of marketing goals and objectives. The development of budgets, including marketing, into the total operating budget and activities of the business. Provides a review of existing financial trends and activities for further analysis of the small business, measuring past and present performance, and developing risk management plans.
SBM 152 ~ (9 Credits) ~ One Semester
Continues from SBM 151 and provides more in-depth processes and planning to strengthen the operator’s business through evaluation and planning based on the strengths and weaknesses of the business. The business operator will develop appropriate business, marketing, and risk management goals and objectives and be ready to initiate their implementation.
Other Courses for Small Business Owners and Operators
Small Business Planning I (SBM 121)
Provides business owners systematic instruction to give them the tools to make sound business decisions based on the fields of study in Small Business Management. This course guides the student in the collection of necessary information to implement a computerized record keeping system, and to prepare a business plan. Discussions will include computer terminology, balance sheet concepts, accounting principles, computerized account reports, legal structures of a business, the basics of contract law, basic human resource management and the business plan components.
Small Business Planning II (SBM 122)
9 Credits Each—These two courses are designed for new business owners who are just starting out. Credits for the two courses do count toward the Small Business Management Certificate. The program of study includes a number of subjects that will guide the student in the collection of necessary information to implement a computerized record keeping system, and to prepare a business plan. Discussions will include computer terminology, balance sheet concepts, accounting principles, computerized account reports, legal structures of a business, the basics of contract law, basic human resource management, and the business plan components.
How to Enroll
Contact the Small Business Management instructor, or an academic advisor at the Otero Junior College Student Services Center to begin the registration process.
Student Services
1802 Colorado Avenue La Junta, CO 81050
719-384-6831 or
Rachel Wallace, 719-384-6852
If no answer, please leave a voice mail and the instructor will return your call as soon as possible.
Program Costs
Colorado Residents (9 credit hours) $756.95
(Tuition after Colorado Opportunity Fund stipend has been applied)
Non-Resident (9 credit hours) $2587.10
Financial Aid
Contact the Financial Aid Office at Otero Junior College to see if you qualify for a Pell Grant or other financial assistance.
Jeff Paolucci, Director of Financial Aid
719-384-6834
Rachel Wallace
Rachel holds a Master’s degree in business administration and marketing and a Bachelor of Science degree in business and marketing from the University of Phoenix.
Wallace currently serves on the board of El Pomar Penrose Southeast Regional Council, the Awards for Excellence Selection Commission, La Junta Chamber of Commerce, the Sixteenth Judicial District Commission on Judicial Performance, Girls in the Middle, and the Daniels Foundation Scholarship Review Committee.
Contact:
Rachel Wallace, Instructor
719-384-6963
rachel.wallace@ojc.edu
McDivitt Hall, Room 133
Otero Junior College Small Business Management
SCORE Center
1802 Colorado Ave.
La Junta, CO 81050
www.ojc.edu
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Small Business Management
