If you have ever considered running your own business or possibly purchasing a great franchise opportunity, how do you guarantee success and prevent your business from falling among the large number of new businesses that fail in the first five years? One way to court success is to arm yourself with the best business tools available. One business tool to consider is the Masters of Business Administration (MBA) in entrepreneurship.
So what is the entrepreneurship MBA? The MBA is a graduate level degree that can take anywhere from one to three years to complete depending on the program you choose. In order to qualify for the MBA, you must have an undergraduate degree (preferably in business or accounting), and you must have a good score on the GMAT test.
Today there are a wide variety of ways to earn your MBA degree, whether it is through an executive MBA program that takes a year, to a standard two-year program, to the many options available on the evenings, weekends, and online. In order to specialize in entrepreneurship, you will likely switch from general business topics to more focused subjects such as entrepreneurial finance, leadership, global capitalism, and other subjects that are specific to those that want to own their own businesses.
When considering starting your own small business, you need to be able to identify business concepts that will work, evaluate opportunities, create a business plan, and think analytically. You will also need to understand the basic precepts of management, financing, investing, organization, planning, cultivating successful relationships, and more. One route that strives to help you to grasp all of these concepts is the entrepreneurship MBA degree.
If you are thinking about building a successful business utilizing an already established structure, perhaps a good possibility for you is one of the many excellent franchise opportunities that are available today. From retail, to food, to service providers, to health care ventures, there are a vast myriad of franchise opportunities out there today. Enrolling in an entrepreneurship MBA program could be your first step in gaining the knowledge you need to become a business owner.
As you can see, whether you are considering launching your own small business or opening a new branch of a franchise, you will need to develop your business savvy. Find your highway to success! Consider earning an entrepreneurship MBA today.
Small Business and Entrepreneurship MBA