The Business of Research is an important module for those Research Professionals that are interested in setting up their independent research services practice as Independent Research Specialists. The main objective of this module is to provide a basic understanding of how to set-up an Independent Research Services Business and how to effectively manage small business operations? - The topics are intended to familiarize students with essential elements of business management that provide valuable insight into SMB (Small to Medium Size Business) operational issues, along with the business risks attached and both the advantages and disadvantages of working independently.

This module also includes topics that explain several steps required from the time client research proposal is drafted and later how it gets executed and ultimately delivered to the client.  Other aspects of business operations such as Accounting, Billing, Project Pricing and Projects Costing are also included in this module.