Reasons to Earn a Degree as a Small Business Owner
If you would rather call the shots at work, are highly motivated and have a sense of entrepreneurship about you, starting your own business and enrolling in a Small Business Owner Degree program could be a good fit.
Career Possibilities for Small Business Owners
Occupational Outlook
Many people do not realize that over half of employed workers in the U.S. are working in a small business. Obtaining a degree just enhances your marketability and provides you with additional skills to become a successful business owner or manager.
Salary Information
Because small business owners can be found in a variety of different fields, average salary earnings are a bit hard to pinpoint. However, Salary.com did put out some statistics in 2006 that reflected salaries for typical small business owners and others who are self-employed. For instance, statistics show that successful self-employed realtors in the U.S. can be found making $111,800 a year, daycare center owners $135,000, and independent contractors $139,200.
Degree Specifics for Small Business Owners
Required Coursework
As a student in a Small Business Owner Degree program, you will want to diversify your studies, taking courses that will be useful for your particular business. Topics can include sales and marketing, financial planning and general small business procedures. Typical courses in a Small Business Owner Degree program also include:
- Accounting and Finance for Small Business
- Business Planning and Forecasting
- Marketing and Advertising
- Management
Skills You Will Learn
During your Small Business Owner Degree program you will learn a variety of skills to make your own business a success. General skills may include:
- The ability to put together your own small business plan
- Recruitment of potential clients and vendors
- Hiring practices and how additional employees can help the success of your business
