(1) To understand how joint ventures can help an entrepreneur grow his or her business and acknowledge the challenges of finding, and maintaining an effective joint venture relationship.
(2) To be aware of the pros and cons of using acquisitions to grow a business and to know what to look for in an acquisition candidate.
(3) To understand the possibilities of achieving growth through mergers and leveraged buyouts and the challenges associated with each.
(4) To understand franchising from the perspective of both the entrepreneur looking to reduce the risk of new entry and the entrepreneur looking for a way to grow his or her business.
(5) To understand the tasks of negotiation and develop the skills to more effectively conduct these tasks