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...]
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...]
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...]
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...]
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...]