RULES/GRADING INFORMATION
How can entrepreneurial thinking change the world? Can one person make a difference?
Intro to Business Student’s Page of Fame
Business Games: Tycoon Business, Lemonade Stand, JA Titan
Business Plan Links: 7 Best Free Business Plan Templates, Free Sample Business Plans, Make Your Business Plan for Free, U.S. Small Business Administration, StartUpBiz.com, America’s Business Funding Directory, MoreBusiness.com,
Business Videos: Broke Busted and Disgusted, CNBC, All the Queens Horses, Crossing the Line, The Big Short
Business Books: Oh the Places You Will Go, Start with Why
Day 1 Aug 24 | Day 2 Aug 25 | Day 3 Aug 27 |
Day 4 Aug 28 | Day 5 Aug 31 | Day 6 Sept 2 |
Day 7 Sept 3 | Day 8 Sept 4 | Day 9 Sept 9 |
Day 10 Sept 10 | Day 11 Sept 11 | Day 12 |
Day 13 | Day 14 | Day 15 |
Day 16 | Day 17 | Day 18 MIDTERM |
Day 19 | Day 20 | Day 21 |
Day 22 | Day 23 | Day 24 |
Day 25 | Day 26 | Day 27 |
Day 28 | Day 29 | Day 30 |
Day 31 | Day 32 LAST DAY OF 1ST QTR | Day 33 |
Day 34 | Day 35 | Day 36 |
Day 37 | Day 38 | Day 39 |
Day 40 | Day 41 | Day 42 |
Day 43 | Day 44 | Day 45 |
Day 46 | Day 47 | Day 48 MIDTERM |
Day 49 | Day 50 | Day 51 |
Day 52 | Day 53 | Day 54 |
Day 55 | Day 56 | Day 57 |
Day 58 | Day 59 | Day 60 |
Day 61 | Day 62 | Day 63 |
Day 64 | Day 65 | Day 66 |
Day 67 LAST DAY | Day 68 | Day 69 |
Day 70 |
- Essential Learning 1: Students will understand basic concepts of economics in relation to individuals and society.
- Assess opportunity costs and trade-offs involved in making choices about how to use scarce economic resources.
- Define and give examples of economic wants, needs, goods, and services.
- Define and give examples of scarcity and explain why scarcity requires individuals, governments, and societies to make choices.
- Essential Learning 2: Explain the types of economic systems.
- Identify the characteristics of a market, command, and mixed economy.
- Compare and contrast the different types of economic systems.
- Compare and contrast the basic forms of ownership.
- Essential Learning 3: Students will understand the basic concepts of personal financial management.
- Compare and contrast checking accounts, savings accounts, and electronic monetary transactions.
- Evaluate savings and investment options to meet short-term and long-term goals..
- Essential Learning 4: Students will describe common forms of credit and analyze factors that affect credit.
- Define credit and how it is used to purchase goods and services.
- Define interest as a cost of credit and explain why it is charged.
- Describe the risks and responsibilities associated with using credit.
- Students will take and complete the Everfi-credit computer unit with a satisfactory score.
- Students will identify methods of establishing and maintaining a good credit rating.
- Essential Learning 5: Students will comprehend unique characteristics and basic skills of an entrepreneur and that entrepreneurial innovation is an important source of economic growth.
- Students will describe desirable entrepreneurial traits and evaluate personal capabilities..
- Students will conduct self-assessment to determine entrepreneurial potential.
- Students will compare and contrast the differences between being the employer and the employee.
- Students will describe entrepreneurial opportunity and formulate the steps in establishing a business oriented toward thatopportunity.
- Essential Learning 6: Students will understand career opportunities related to careers in business..
- Compile a list and describe careers in the Business, Marketing, and Management Career Field.
- Essential Learning 7: Students will analyze the organization of a business.
- Students will Identify and provide examples of the basic forms, as well as variations of, business ownership.
- Compare and contrast the basic forms of ownership (e.g., sole proprietorship, partnership, and corporation).
- Identify variations of basic forms of ownership (e.g., franchise, cooperative, limited liability company, S corporation, non-profit).
- Categorize ownership forms of local businesses.
- Interview a local business owner/manager to explore career possibilities and necessary preparation.
- Differentiate between the various types of businesses (e.g., producer, processor, manufacturer, intermediary, wholesaler, retailer, and service).
- Examine the opportunities and risks of entrepreneurship.
- Essential Learning 8: Students will identify fundamental marketing concepts.
- Students will Define and apply the elements of the marketing mix and identify the functions of marketing.
- Discuss the elements of the marketing mix pertaining to a product.
- Create the marketing mix for the product/business developed in Introduction to Business, Marketing, and Management Course Benchmark 2.3.
- Discuss the functions of marketing.
- Students will drop down lists in excel worksheets
- Essential Learning 9: Students will acquire a foundational knowledge of accounting to understand its nature and scope.
- Using Define and apply the components of the accounting equation. Define and give examples of assets, liabilities, and owner’s equity. Develop a personal balance sheet.
- Identify several types of financial records used by businesses.
- Essential Learning 10: Students will use a rational decisionmaking process as it applies to managing financial resources.
- Students will Acquire knowledge of the banking industry to understand the environment in which its services are offered. Summarize the operations of a commercial bank.
Evaluate the role of the Federal Reserve System in regulating the money supply. - Students will Implement financial skills to obtain credit and maintain solvency.
- Students will Acquire knowledge of the banking industry to understand the environment in which its services are offered. Summarize the operations of a commercial bank.
https://www.fbla-pbl.org/competitive-event/business-plan/ FOR EACH TOPIC: 1. Cover the concept/topic 2. Do it together for the class business 3. Students do it on their own for their own business idea. FINAL PROJECT: Business Plan for their own business AND one of the following: 1. E-business 2. Sales Presentation 3. Business Financial Plan Present Business Plan to Bellevue Chamber Members Present Other Project to Parents & BHS Administration & Staff Present Class Business to School Board | ||
Days | Chapter | Topic |
1 | What is an Entrepreneur? | |
2-3 | Decide on a class business. Decide on your own business idea. Decide ownership type--sole proprietorship, partnership, corporation | |
4-5 | Company Profile for class business AND your own business (1 day for class business & 1 day for your own business). Include: Legal Form of Business Effective Date of Business Mission/Vision Statement Company Governance Company Location Immediate Development Goals Overview of Company's Financial Status TURN THIS IN--30% portion of grade--use FBLA Business Plan Report Rating Sheet for Scoring | |
6-7 | Present Industry Analysis for class business AND your own business. Include: Description of Industry (size, growth rates, nature of competition, history) Trends and Strategic Opportunities Within Industry TURN THIS IN--30% portion of grade--use FBLA Business Plan Report Rating Sheet for Scoring | |
10-14 | 1 | Research Your Market: Target Market, Market Research, Determine What to Buy For both class business AND your business decide: Present Target Market Target Market Defined (size, growth potential, needs) Effective Analysis of Market's Potential, Current Patterns, and Sensitivities TURN THIS IN--30% portion of your grade--use FBLA Business Plan Report Rating Sheet for Scoring |
15-16 | Compile Current Business Plan for Class Business & Your Own Business--FORMAT APPROPRIATELY--Do the Class Business Together TURN THIS IN--70% portion of your grade--MIDTERM GRADE--use FBLA Business Plan Report Rating Sheet for Scoring | |
17-18 | Discuss Competition for both class business AND your own business. Include: Key Competitors' Strengths and Weaknesses Potential Future Competitors Barriers to Entry for New Competitors Identified TURN THIS IN--30% portion of your grade--use FBLA Business Plan Report Rating Sheet for Scoring | |
19-22 | 2 | Develop a Plan: The Business Plan, Hiring Employees, Preparing for Opening Day |
23-27 | 3 | Make It Operational: Merchandising, Buying and Pricing, Receiving, Inventory |
28-31 | 4 | Run the Store: Cash Handling, Basic Housekeeping, Policies and Procedures |
32-35 | 5 | Account for Profits: Accounting Basics, Manage Cash Flow, Computerize Accounting Systems |
36-40 | 6 | Promote Your Business: Sales Promotion, Visual Merchandising, Advertising and Publicity, Other Promotional Ideas |
41-44 | 7 | Secure Your Store: General Security Procedures, Security Enforcement, Loss Prevention |
45-48 | 8 | Have a Customer Focus: Personal Selling, Customer Services, Selling Policies |
49-52 | 9 | Be an Effective Manager: Management Roles, Develop Management Skills, Management Team |
53-55 | 10 | Achieve Personal Success: Employee Accountability, Training and Advancement Opportunities |
56-57 | Share Marketing Plan and Sales Strategy for class business AND your own business. Include: Key Message to be Communicated Identified Options for Message Delivery Identified and Analyzed Including Web Process Sales Procedures and Methods Defined TURN THIS IN--30% portion of your grade--use FBLA Business Plan Report Rating Sheet for Scoring | |
58-59 | Describe Operations for class business AND your own business. Include: Business Facilities Described Production Plan Defined and Analyzed Workforce Plan Defined and Analyzed Impact of Technology TURN THIS IN--30% portion of your grade--use FBLA Business Plan Report Rating Sheet for Scoring | |
60-61 | Discuss Management and Organization for class business AND your own business. Include: Key Employees/Principals Identified and Described Board of Directors, Advisory Committee, Consultants, and Other Human Resources Identified and Described Plan for Identifying, Recruiting, and Securing Key Participants Described Compensation and Incentive Plans TURN THIS IN--30% portion of your grade--use FBLA Business Plan Report Rating Sheet for Scoring | |
62-63 | Provide Long-Term Development for class business AND your own business Goals for 3, 5, or more years are identified and documented Risks and Potential Adverse Results Identified and Analyzed Strategy in Place to Take Business Toward Long-Term Goals TURN THIS IN--30% portion of your grade--use FBLA Business Plan Report Rating Sheet for Scoring | |
64-65 | Show Financial for both class business AND your business. Include: Type of Accounting System to be Used is Identified Financial Projections are Included and Reasonable--Year 1 Monthly Cash Flow, Year 1 Monthly Income Statement, Yearly Income Statements for Years 1, 3, and 5. TURN THIS IN--30% portion of your grade--use FBLA Business Plan Report Rating Sheet for Scoring | |
Put your final business plan together for the class business AND your own business. Include the following: Supporting Documentation Including a Works Cited Page Information Arranged According to Rating Sheet Format and Design as a Business Report Correct all Grammar, Punctuation, and Spelling. TURN THIS IN--70% portion of your grade--use FBLA Business Plan Report Rating Sheet for Scoring | ||
Prepare to Present--use the FBLA Business Plan Performance Rating Sheet--70% portion of your grade |