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Getting started in business

FSU program helps students design game plan for opening firm

FSU program helps students design game plan for opening firm

December 24, 2009

On Dec. 7, Frostburg State University at the University System of Maryland at Hagerstown launched a Small Business/Entrepreneurship concentration for students in the undergraduate business administration program.

Marty Mattare, FSU at USMH business program director, gave a brief presentation about the program.

"It is one of our largest business concentrations at FSU," Mattare said.

"It is designed for those interested in starting and running their own businesses, and we have had graduates who have started successful businesses upon receiving their degrees."

The entrepreneurship concentration is one of six different concentration areas business administration students may choose.

"Many of the courses in the concentration focus on business management, and the qualities necessary to manage a small business," Mattare said.

After Mattare explained the program, 17 students in the entrepreneurship business plan course presented their ideas and plans for small businesses, including restaurants, an auto repair, and a golf putting green.

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Students presented full business plans, which included a narrative covering all management areas of a business start-up from marketing plans to job descriptions, hours of operation and even an exit strategy.

Audience members asked the students questions about their plans, such as how much start-up money would be needed, and how many potential customers populate the market area.

In addition to their classmates, the audience included Ahmad Tootoonchi, acting dean of the College of Business; Mike Monahan, chair of the department of management; Bob Jones, chair of the Hagerstown SCORE chapter and executive board chair; and Chuck Zemene, executive board member from SCORE.

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