SM9637 - Business Failure

Module abstract

Becoming a successful entrepreneur, launching and growing businesses usually involves significant experimentation. This means many business ideas would disappoint, come to nothing, or fail, with only a few turning into commercial winners. Understanding business failure, stigma which comes with it, and knowing how to communicate and deal with it, is an essential skill of any entrepreneur. In highly volatile and unpredictable world of today, where business closure occurs not only as part of experimentation, but also as a result of unexpected global events, understanding business failure and responsible closure is rapidly becoming a rather important and valuable skill.

This module will help you understand business failure through innovative research-led content, case studies and by hearing from experienced entrepreneurs. You will gain skills and tools to spot the early signs of failure, to understand your legal, social and moral responsibilities as business owner, and to learn how to powerfully reflect on lessons for the future.

Course info

UCAS Code N150

Credits 20

Level of Study Undergraduate

Mode of Study 3 years full-time or 4 year sandwich

Department Newcastle Business School

Location City Campus, Northumbria University

City Newcastle

Fee Information

Module Information

All information is accurate at the time of sharing.

Full time Courses starting in 2023 are primarily delivered via on-campus face to face learning but may include elements of online learning. We continue to monitor government and local authority guidance in relation to Covid-19 and we are ready and able to flex accordingly to ensure the health and safety of our students and staff.

Contact time is subject to increase or decrease in line with additional restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors, potentially to a full online offer, should further restrictions be deemed necessary in future. Our online activity will be delivered through Blackboard Ultra, enabling collaboration, connection and engagement with materials and people.


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