New businesses have about a 50/50 chance of surviving over the course of 5 years, says Brian Head, economist with the Small Business Administration Office of Advocacy. According to BusinessKnow-How.com, poor management ranks second on a list of top 7 reasons why new businesses fail. Professionals who are serious about increasing their chances of success in the business world are building their management skills through the bachelor business management degree.
Students Develop Business Skills for Success with a Bachelor Business Management Degree
Proper management skills are essential to surviving the most vulnerable times of a new business’s evolution. Bachelor business management degree students learn tools such as:
- Critical thinking skills from bachelor business management degree professionals.
- Communications techniques from experienced bachelor business management degree workers.
- Technical competencies from bachelor business management degree professors.
- Efficient management practices from bachelor business management degree case studies.
Bachelor Business Management Degree Specialties Allow Students to Personalize Their Educations
The U.S. Census Bureau reports that over 17. million U.S. small businesses were in operation in 2017. No one bachelor business management degree curriculum could possibly cover the needs of such a large population. Consequently, some Universities offer 4 unique programs, including:
- Bachelor Business Management Degree with an E-Business Emphasis.
- Bachelor Business Management Degree with a Health Care Management Emphasis.
- Bachelor Business Management Degree with a Human Resource Management Emphasis.
- Bachelor Business Management Degree with a Sales and Marketing Emphasis.
Starting a small business often involves taking risks associated with personal money, security, and ideas. With a bachelor business management degree, entrepreneurs build a strong foundation that encourages business success.