By: Rayanna Anderson Entrepreneurship and business startups are a major source of economic development globally, nationally and locally. In fact, Springfield honors include a number three ranking as one of the “Best Cities to Start a Business” by WalletHub; recognition by Forbes magazine as a top U.S. metro area for start-ups; and, most recently, identified by Brian … [Read more...] about Bears Business Brief: Is entrepreneurship in your future? Six characteristics for success
By: Rayanna Anderson Selling a business you have worked hard to build should never be a spur-of-the-moment decision. To maximize value, you may need to start planning years in advance. Before selling: Understand your business from the buyer’s perspective. Buyers want income from their investment; they won’t pay for potential, especially when cash flow will not … [Read more...] about Bears Business Brief: 10 things you should know before selling your business
Four MBA students had the chance to take on a challenging experiential learning project this fall as part of MGT 796. Arthur Guslim, Jordan Lewis, Elizabeth Sivill and Meghan Wright worked with Hotel Nikko in San Francisco to develop a utilization plan for a 1,200 square foot retail space inside Hotel Nikko. The lease agreement for this space, currently occupied by … [Read more...] about MBA Students take on experiential learning project with Hotel Nikko
Awards Dean’s Office Stephanie Bryant, College of Business Dean, was recognized on the Biz100 list published this fall by Biz417 magazine. Biz 100 is a recognition and celebration of the most influential business leaders in southwest Missouri. Xiao’ou (Sean) Gong, China programs specialist, was recognized for 5 years of service to the University at the annual Staff … [Read more...] about Faculty and Staff Spotlight
New ideas for a business are imagined every day. But when it is time to face reality and access the feasibility of your idea, understanding what makes a good business idea is crucial. Understanding how to design a business model is your long-term key to success. At the most basic level, a business model is defined solely by its ability to make a profit. Studying the … [Read more...] about Bears Business Brief: Is your concept a business opportunity or just an exciting idea?