An exploration of the assumptions and skills necessary to create a new business or secure funds to expand an existing one. Students, working with a team, produce a business plan with three major components: an outline of a business and its financing needs for use in approaching sources for funding; an exercise in thinking through the elements of the planning process, and a living document against which to measure the progress of the enterprise. Topics covered include forms of organization, sources of competitive advantage, entry and growth strategies, technology and personnel policies, and cash flow analysis. Prerequisite: ECON*100 or ECON*101, and ECON*280. Distribution Requirements: QR, SB.