Entrepreneurship in Small and Medium-sized Enterprises
- Credits: 6
- Ending: Examination
- Range: 2P + 2C
- Semester: summer
- Year: 2
- Faculty of Business Economics with seat in Košice
Teachers
Included in study programs
Teaching results
The aim of the course is to provide basic knowledge about the legislative and economic conditions necessary for the establishment of a company and the possibilities and ways of developing business activities in small and medium-sized enterprises. The course focuses on the process of establishing small and medium-sized enterprises and practical mastery of the methodology for creating the business model and business plan in terms of the development of successful business activities. It focuses on the tax and contribution obligations of entrepreneurs and employees in SMEs. It acquaints students with the legislative, program and institutional framework of the support system for small and medium-sized enterprises in Slovakia and in European Union and with the basic approaches to the evaluation of the business environment.
Knowledge:
• knowledge of the legislative and economic conditions necessary for the establishment of a company,
• basic knowledge of methods and procedures for processing business projects in terms of obtaining funding for successful business activities in SMEs,
• getting acquainted with the possibilities and alternatives for the development of business activity in small and medium-sized enterprises in relation to regional aspects, industry, tax and contribution obligations of business entities.
Skills:
• application of CANVAS methodology in creating a business model,
• drawing up the company's founding budget,
• the ability to respond to changes in individual elements of the business environment,
• quantify development opportunities in selected SMEs in relation to available resources,
• ability to establish effective forms of cooperation with business development organizations and other SMEs,
• development of presentation and speaking skills, support of effective communication,
• use of technical and graphic tools in presenting own solutions.
Competences:
• development of professional competence in the field of methods through the application of acquired knowledge in the creation of a specific business model in real conditions of economic practice,
• development of the ability of teamwork and cooperation and the ability to manage conflict situations through the solution of semester assignments and tasks in seminars in groups of three or four members.
Indicative content
Lectures:
1. Definition of small and medium enterprises (hereinafter SMEs) in the Slovak Republic and in the world.
2. Family businesses.
3. Legislative changes affecting the establishment and development of small and medium-sized enterprises.
4. The process of planning and managing small, medium, resp. family business.
5. Labor relations in the conditions of SMEs.
6. Remuneration of employees in SMEs, job creation.
7. Taxation of business entities - selected direct and indirect taxes, legislation governing the field of taxes.
8. Health insurance and social security for business entities.
9. Financing in small and medium enterprises.
10. Evaluation of the quality of the business environment.
11. Institutional support for small and medium - sized enterprises.
12. Barriers to business development in SMEs.
Support literature
Elementary literature:
1. BUKOVOVÁ, S. – GAJDOVÁ, D. – KOVALEV, A. 2019. Podnikanie v malých a stredných podnikoch - Vybrané problémy. Bratislava : Vydavateľstvo EKONÓM, 2019. 252 s. ISBN 978–80–225–4610–2.
2. STRÁŽOVSKÁ, H. a kol. 2016. Malé a stredné podnikanie /zmeny obsahu ekonomických nástrojov/. Bratislava : Sprint 2 s.r.o., 2016. 323 s. ISBN 978-80-89710-21-8.
3. BAMFORD, CH. E. 2016. Entrepreneurship: A Small Business Approach. New York : McGraw-Hill, 2016. 348 s. ISBN 978-1-25-925420-8.
Supplementary literature:
4. Von BERG, S. 2020. The business model cycle: A dynamic and user-centric perspective on business model design and change. Göttingen : Cuvillier Verlag, 2020. ISNB 978-3-7369-6332-0.
5. MATRICANO, D. 2019. Entrepreneurship Trajectories: Entrepreneurial Opportunities, Business Models, and Firm Performance. London : Elsevier, 2019. ISBN 978-0-12-818650-3.
6. ANDREINI, D. – BETTINELLI, C. 2018. Business Model Innovation: From Systematic Literature Review to Future Research Directions. Cham : Springer International Publishing, 2018. ISBN 978-3-319-85132-7.
7. WEILL, P. – WOERNER, S. 2018. What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise. Harvard Business Press, 2018. ISBN 978-1-6336-9271-8.
8. ENSARI, S. M. – KIYGI-CALLI, M. 2017. How Small and Medium-sized Enterprises (SMEs) can be competitive: An Environmental Approach. Zürich : LIT Verlag Münster, 2017. ISBN 978-3-643-90969-5.
9. BAMFORD, CH. E. – BRUTON, G. D. 2016. Entrepreneurship: The Art, Science, and Process for Success. New York : McGraw-Hill, 2015. 352 s. ISBN 978-0-07-802318-7.
10. ZURECK, A. 2014. Financial Communication in Small and Medium-Sized Enterprises: Patents in Financial Communication. Wiesbaden : Springer, 2014. ISBN 978-3-658-07487-6.
11. QSTERWALDER, A. – PIGNEUR, Y. 2013. Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers. Hoboken : John Wiley & Sons, 2013. ISBN 9781118656402.
12. VEBER, J. – SRPOVÁ, J. a kol. 2012. Podnikání malé a střední firmy. Praha : Grada Publishing a.s., 2012. 3. doplnené a aktualizované vydanie. 332 s. ISBN 978-80-247-4520-6.
13. PAPULA, J. a kol. 2015. Podnikanie a podnikateľské myslenie I. Kto a prečo podniká. Praha : Wolters Kluwer, 2015. 240 s. ISBN 978-80-7478-950-2.
14. PAPULA, J. a kol. 2016. Podnikanie a podnikateľské myslenie II. Ako smerovať a viesť podnik k udržateľnému úspechu. Praha : Wolters Kluwer, 2015. 236 s. ISBN 978-80-7478-994-6.
15. MAJKOVÁ SOBEKOVÁ, M. 2011. Ako financovať malé a stredné podniky. Bratislava : Iura Edition, spol. s r.o., 2011. 228 s. ISBN 978-80-8078-413-3.
16. Zákon č. 455/1991 Zb. o živnostenskom podnikaní.
17. Zákon č. 513/1991 Zb. Obchodný zákonník.
18. Zákon č. 431/2002 Z. z. o účtovníctve.
19. Zákon č. 461/2003 Z. z. o sociálnom poistení.
20. Zákon č. 580/2004 Z. z. o zdravotnom poistení.
21. Zákon č. 311/2001 Z. z. Zákonník práce.
22. Zákon č. 595/2003 Z. z. o dani z príjmov.
Syllabus
Lectures: 1. Definition of small and medium enterprises (hereinafter SMEs) in the Slovak Republic and in the world. 2. Family businesses. 3. Legislative changes affecting the establishment and development of small and medium-sized enterprises. 4. The process of planning and managing small, medium, resp. family business. 5. Labor relations in the conditions of SMEs. 6. Remuneration of employees in SMEs, job creation. 7. Taxation of business entities - selected direct and indirect taxes, legislation governing the field of taxes. 8. Health insurance and social security for business entities. 9. Financing in small and medium enterprises. 10. Evaluation of the quality of the business environment. 11. Institutional support for small and medium - sized enterprises. 12. Barriers to business development in SMEs. 13. Termination of business activity. Seminars: 1. Case studies on different perceptions of SMEs and family businesses. 2. Assignment of written semester work. 3. Starting a small business. 4. Business model CANVAS. 5. Elaboration of a business model in the conditions of a specific company – part of value. 6. Elaboration of a business model in the conditions of a specific company - part of efficiency. 7. Elaboration of a business model in the conditions of a specific company - financial part. 8. Rights and obligations of employers, employees, entrepreneurs in hiring employees, in their remuneration and termination of employment. 9. Health insurance and social security of business entities - calculation of examples. 10. Creation of the founding budget. 11. Business environment quality indices. 12. Presentations of a semester assignment. 13. Presentations of a semester assignment.
Requirements to complete the course
• preliminary assessment: semester work - elaboration of business model CANVAS, preparation of the founding budget (work in groups of three or four members) – 40%
• final assessment (written exam) – 60%
Student workload
• participation at lectures – 26 hrs.
• participation at seminars– 26 hrs.
• preparation for seminars – 26 hrs.
• elaboration of a semester assignment – 26 hrs.
• preparation for the final exam - 52 hrs.
Total: 156 hrs.
Language whose command is required to complete the course
Slovak
Date of approval: 18.02.2022
Date of the latest change: 24.01.2022