Read page 149

OBJECTIVE:  To produce an executive summary for your business plan.

  1. Read pages 151-156 & do page 157–THE TEEN ENTREPRENEUR Section 5 Project 18–WATCH THIS VIDEO AS YOUR READ
  2. Open the PROJECT 18 WORKSHEET–save it, print it, do it.
  3. Open the PROJECT 18 TEMPLATE–save it, do it, and when it is complete, print it. Be sure to use the PROJECT 18 WORKSHEET to help you.

OBJECTIVE:  To produce the cover page for your business plan.

  1. Read pages 159-161 & do page 162–THE TEEN ENTREPRENEUR Section 5 Project 19–WATCH THIS VIDEO AS YOUR READ
  2. Using Microsoft Word, create the cover page for your business plan. Save it and print it when you are done.

OBJECTIVE:  To assemble your business plan.

  1. Read pages 163-167 & do pages 168-169–THE TEEN ENTREPRENEUR Section 5 Project 20–WATCH THIS VIDEO AS YOUR READ
  2. Print your final business plan when you are done, including all the supplemental attachments.

OBJECTIVE:  To create a website for your business.

  1. Read pages 172-173 & do page 174–THE TEEN ENTREPRENEUR Section 5 Project 21–WATCH THIS VIDEO AS YOUR READ
  2. Open the PROJECT 21 PLANNING FORM–save it, print it, complete it
  3. Create an account in Weebly
  4. Create your business website

 

Chapter Question: Should You Become an Entrepreneur?

Day 1 Order of Events:

  1. Entrepreneur Ideas
  2. Read page 30
  3. Do pages 31-32–(#1-17 only) we will check it together–NOT FOR A GRADE–you have 5 minutes only!!! (Discuss missed questions)
  4. We will do #18-22 together
  5. What Would You Do?–Create a Google Doc for this class. This is your writing for today.

Chapter Question: Should You Become an Entrepreneur?

Day 2 Order of Events

  1. Business Ideas–From Home
  2. Go to page 33–read and do it:
    1. Use copy paper or notebook paper
    2. Do this on a separate piece of paper
    3. Download the Job Attributes Checklist & print it: 

      Download (DOC, 60KB)

    4. Read and do it
    5. Read and do it
    6. The questions are on the bottom of page 20
    7. Use page 21 to help you–do this in a Google Doc for this class & share it with me.
    8. Use pages 28-29 to help you–create the letter using Microsoft Word.
    9. Use pages 24-25 to help you
    10. Create a folder on your Google Drive for this class to complete this step

Chapter Question: Should You Become an Entrepreneur?3 Order of Events

  1. Teenage Entrepreneurs
  2. FINISH: Go to page 33–read and do it:
    1. Use copy paper or notebook paper
    2. Do this on a separate piece of paper
    3. Download the Job Attributes Checklist & print it: 

      Download (DOC, 60KB)

    4. Read and do it
    5. Read and do it
    6. The questions are on the bottom of page 20
    7. Use page 21 to help you–do this in a Google Doc for this class & share it with me.
    8. Use pages 28-29 to help you–create the letter using Microsoft Word.
    9. Use pages 24-25 to help you
    10. Create a folder on your Google Drive for this class to complete this step
  3. BEGIN: DO THE INTRO TO BUSINESS PRESENTATION EVENT FOR FBLA
  4. REVIEW THIS STUDY GUIDE AT HOME (Click the first box at the very bottom to check it–it works even though it is a broken picture): Entrepreneurship Chapter 1 Study Guide
  5. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  6. TEST NEXT CLASS

Chapter Question: Should You Become an Entrepreneur?

Day 4 Order of Events

FINISH: DO THE INTRO TO BUSINESS PRESENTATION EVENT FOR FBLA

CHAPTER 1 TEST:Entrepreneurship Chapter 1 Test:

  1. Answer all True/False and Multiple Choice
  2. Do the Numeric Section for extra credit
  3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

Enroll in the online version of this course:  login.cengagebrain.com

Enter this code: CM-9781111964290-0000072

Chapter Question: Should You Become an Entrepreneur?

FINISH CHAPTER 1

Chapter Question: How Do Entrepreneurs Affect A Market Economy?

Today’s Goals:

  • Distinguish between needs and wants.
  • Describe the types of economic resources.
  • Explain the role of entrepreneurs in the U.S. economy.

Day 1 Order of Events:

  1. ECONOMIC VIDEO–Needs V. Wants, Economic Resources, Roles of Entrepreneurs in the US Economy
  2. Read page 58
  3. Do page 59-60 #1-21–we will check it together–NOT FOR A GRADE
  4. We will do #22-23 together
  5. What Would You Do? page 61–this is your writing for today.

Chapter Question: How Do Entrepreneurs Affect A Market Economy?

Today’s Goals:

  • Compare and contrast different types of economic systems
  • Describe the characteristics of the US economy
  • Explain how scarcity affects economic decisions
  • Explain how business functions are used to satisfy consumers

Day 2 Order of Events:

  1. ECONOMIC VIDEO–Economic systems, US Economic System, Functions of business, economic choices
  2. Read and do Be Your Own Boss on page 49. Use all of page 49 to help
  3. Do #3, 5, 6, and Teamwork on page 59

Chapter Question: How Do Entrepreneurs Affect A Market Economy?

Today’s Goals:

  • Describe how costs of doing business affect the price of a good or service.
  • Explain the effect of different market structures on price.
  • Recognize how supply and demand interact to determine price.

Day 3 Order of Events:

  1. ECONOMIC VIDEO–supply & demand, fixed & variable costs, marginal benefits & costs, economies of scale
  2. Do page 60 #24
  3. Do page 61 #1-3
  4. Test next class
  5. REVIEW THIS STUDY GUIDE AT HOME (Click the first box at the very bottom to check it–it works even though it is a broken picture): Entrepreneurship Chapter 2 Study Guide
  6. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  1. Fixed & Variable Costs
  2. Marginal Cost & Marginal Benefit
  3. Economies of Scale
  4. Market Structures

Chapter Question: How Do Entrepreneurs Affect A Market Economy?

Today’s Goals:

  • Apply what you have learned in chapter 2

Day 4 Order of Events:

  1. ECONOMIC VIDEO
  2. Entrepreneurship Chapter 2 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Read page 63
  2. WATCH THIS EXAMPLE
  3. HERE IS HOW YOU WILL BE SCORED
  4. HERE IS THE 2018 TOPIC

Chapter Question: How Do Entrepreneurs Affect A Market Economy?

Today’s Goals:

  • Apply what you have learned in chapter 2

Day 5 Order of Events:

  1. PRESENT:
    1. Read page 63
    2. WATCH THIS EXAMPLE
    3. HERE IS HOW YOU WILL BE SCORED
    4. HERE IS THE 2018 TOPIC

Chapter Question: Why Is A Business Plan Important To A Business’ Success?

Today’s Goals:

  • Explain the purpose of writing a good business plan
  • Describe the importance of a business plan

Day 1 Order of Events:

  1. VIDEO–Why & how to create an effective business plan
  2. Read page 88
  3. Do & check together: page 89-90 #1-18
  4. Page 91–What Would You Do? This is your writing for today.

Chapter Question: Why Is A Business Plan Important To A Business’ Success?

Today’s Goals:

  • List & explain the basic elements of a business plan
  • Describe how to pull a business plan together

Day 2 Order of Events:

  1. VIDEO–Parts of the business plan
  2. Read page 71 & do Work As A Team
  3. On page 80 do #1-5
  4. Find examples of business plans & evaluate them–do they have all the necessary parts?

Business Plan Examples & Best Practices

Chapter Question: Why Is A Business Plan Important To A Business’ Success?

Today’s Goals:

  • Describe resources available for researching your business plan
  • Name common mistakes to avoid in business planning

Day 3 Order of Events:

  1. VIDEO–business plan research & business plan mistakes
  2. Read page 81 & do Work As A Team
  3. On page 83 read Be Your Own Boss & do it
  4. On page 84 read the NETBookmark & go here to do it
  5. On page 85 do #1, 4, 5 and Teamwork
  6. REVIEW THIS STUDY GUIDE AT HOME (Click the first box at the very bottom to check it–it works even though it is a broken picture): Entrepreneurship Chapter 3 Study Guide
  7. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896

Read “It’s a Dog’s Life”

  1. Watch this: https://www.youtube.com/watch?v=RoytcBiOpDI&CFID=345212&CFTOKEN=34842412
  2. Read this: http://www.forbes.com/sites/dailymuse/2013/02/14/writing-a-business-plan-4-common-mistakes-to-avoid/?CFID=345212&CFTOKEN=34842412
  3. Bookmark this page: http://articles.bplans.com/writing-a-business-plan/?CFID=345212&CFTOKEN=34842412
  4. Answer these questions, to the best of your ability, in a Google Doc shared with me to help begin to organize your thoughts about your business idea: http://www.sba.gov/content/20-questions-before-starting-business?CFID=345212&CFTOKEN=34842412

Chapter Question: Why Is A Business Plan Important To A Business’ Success?

Today’s Goals:

  • Apply what you have learned in chapter 3

Day 4 Order of Events:

  1. VIDEO
  2. Entrepreneurship Chapter 3 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Read page 93–Public Speaking I
  2. WATCH THIS EXAMPLE
  3. HERE IS HOW YOU WILL BE SCORED
  4. HERE IS THE 2018 TOPIC

Chapter Question: Why Is A Business Plan Important To A Business’ Success?

Today’s Goals:

  • Apply what you have learned in chapter 3

Day 5 Order of Events:

  1. PRESENT:
    1. Read page 93–Public Speaking I
    2. WATCH THIS EXAMPLE
    3. HERE IS HOW YOU WILL BE SCORED

 

  1. Watch this: https://www.youtube.com/watch?v=SMr_uLZV-eM&CFID=345212&CFTOKEN=34842412
  2. Go to: http://www.businesstown.com/planning/creating.asp?CFID=345212&CFTOKEN=34842412
    1. Click on Why Plan Your Business
    2. Go Back
    3. Click on Creating Your Business Plan
    4. Go Back
    5. Click on Outline of a Complete Business Plan
    6. Go Back
    7. Click on Developing a Business Plan
    8. Go Back
    9. Click on Rainbow Kites, Inc.–Use the Business Plan evaluation tool to evaluate it with a partner–Get it from your teacher.
  3. HOMEWORK:
    1. Go to: http://www.bplans.com/sample_business_plans.php?CFID=345212&CFTOKEN=34842412 and find a business plan resembles the type of business you are interested in starting
    2. Use the Business Plan evaluation tool to evaluate it.

 

  1. Watch this: http://bizinnovator.com/assets/resources/BizKids/124.mp4?CFID=345212&CFTOKEN=34842412
  2. Bookmark this page to help you write the plan: http://www.sba.gov/writing-business-plan?CFID=345212&CFTOKEN=34842412
  3. Read this about how to write an executive_summary.
  4. Go to http://bizinnovator.com/index.cfm?fuseaction=student.previewMC&unit_id=1 and click on BizModel to start writing your plan. Remember this is a work in progress!!!

Shark Tank Episodes

Shark Tank Blog

Open this file: elevator_pitch

Watch:

Create:

  • Create your own 3-minute elevator pitch. Use the Presentation Tips on the 2nd page of the elevator_pitch handout.

READ AND WATCH: http://www.entrepreneur.com/article/228070?CFID=345212&CFTOKEN=34842412

Read this to help you land a job: http://www.forbes.com/sites/nextavenue/2013/02/04/the-perfect-elevator-pitch-to-land-a-job/?CFID=345212&CFTOKEN=34842412

Read this about creating the perfect elevator pitch: http://www.businessweek.com/stories/2007-06-18/the-perfect-elevator-pitchbusinessweek-business-news-stock-market-and-financial-advice?CFID=345212&CFTOKEN=34842412

Watch this: https://www.youtube.com/watch?v=i6O98o2FRHw&CFID=345212&CFTOKEN=34842412

Watch this: https://www.youtube.com/watch?v=XvxtC60V6kc&CFID=345212&CFTOKEN=34842412

Watch this: https://www.youtube.com/watch?v=OcvqseDHmAo&CFID=345212&CFTOKEN=34842412

Watch this: https://www.youtube.com/watch?v=glrgMC0o2UI&CFID=345212&CFTOKEN=34842412

 

Chapter 4 Question: Why is it important for an entrepreneur to identify & meet a market need?

Today’s Goals:

  • Identify a target market by analyzing the needs of customers
  • Explain how market segmentation can help an entrepreneur analyze a target market

Day 1 Order of Events:

  1. VIDEO–target market, market segments
  2. Read page 118
  3. Do & check together: page 119-120 #1-20
  4. EXTRA CREDIT: page 120 #21, page 121 #24, page 100 #5
  5. Page 96 read and do Who Is Your Customer?
  6. Page 99 What When Wrong? Read & answer the questions
  7. Page 100–Do #1-4 & 7 and Teamwork

 

  1. What is Marketing?
    1. 10 Questions to Ask Before Determining Your Target Market
    2. Market Segmentation

Chapter 4 Question: Why is it important for an entrepreneur to identify & meet a market need?

Today’s Goals:

  • Explain the role of market research
  • Identify the 6 steps involved in market research
  • Explain the role technology plays in marketing research

Day 2 Order of Events:

  1. VIDEO–role of market research, 6 step of market research, technology driven marketing
  2. Page 101 read and do Get To Know Your Market
  3. Read the Did You Know on page 103
  4. Read and do the NETBookmark on page 105
  5. On page 109 do #6
  1. Netflix
  2. Netflix Hub
  3. Coca Cola Campaign
  1. Science of Persuasion
  2. Most Unforgettable Ad Campaigns of 2013
  3. Bad Customer Service
  4. Customer Service Quiz
  5. MARKET RESEARCH RESOURCES:
    1. US Census Bureau
    2. County Business Patterns
    3. Hoover’s Databases
    4. Easy Demographics
    5. Barron’s
    6. Buyers & Suppliers
    7. Greenbook–Marketing Research Companies
    8. Bureau of Labor Statistics
    9. US Securities & Exchange Commission
    10. IPL2–Online Database/Library
    11. Investigative Resource Center

Chapter 4 Question: Why is it important for an entrepreneur to identify & meet a market need?

Today’s Goals:

  • Explain the importance of knowing and understanding your competition
  • Prepare a competitive analysis
  • Describe strategies for maintaining customer loyalty

Day 3 Order of Events:

  1. VIDEO–impact of competition, competitive analysis, maintain customer loyalty
  2. Page 110 Who Is Your Competition?
  3. Read and do Be Your Own Boss
  4. Page 116 do Teamwork
  5. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  6. TEST NEXT CLASS

Marketing–Lemonade Challenge

Chapter 4 Question: Why is it important for an entrepreneur to identify & meet a market need?

Today’s Goals:

  • Apply what you have learned in chapter 4

Day 4 Order of Events:

  1. Entrepreneurship Chapter 4 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Read page 123–E-Business
  2. WATCH THIS EXAMPLE
  3. HERE IS HOW YOU WILL BE SCORED
  4. HERE IS THE 2018 TOPIC

Chapter 4 Question: Why is it important for an entrepreneur to identify & meet a market need?

Today’s Goals:

  • Apply what you have learned in chapter 4

Day 5 Order of Events:

  1. PRESENT:
  2. Read page 123–E-Business
  3. WATCH THIS EXAMPLE
  4. HERE IS HOW YOU WILL BE SCORED
  5. HERE IS THE 2018 TOPIC

 

Chapter 5 Question: Why is it important for an entrepreneur to develop a marketing plan?

Today’s Goals:

  • Explain the importance of marketing a business
  • Discuss how to develop a marketing strategy for a business
  • Describe what information is included in a marketing plan

Day 1 Order of Events:

  1. VIDEO–what is marketing? marketing strategy, write a marketing plan
  2. Read page 146
  3. Do & check together: page 147-148 #1-25, 28, & 31
  4. Page 126 read and do: Is a marketing plan always necessary?
  5. Page 131 do #1, 3, 4, 5, and Teamwork

Chapter 5 Question: Why is it important for an entrepreneur to develop a marketing plan?

Today’s Goals:

  • Explain how the marketing concept affects decisions regarding the product mix
  • Define and describe the importance of product management

Day 2 Order of Events:

  1. VIDEO–the marketing concept & the product, product management
  2. Read & do page 132: Does location affect image?
  3. On page 134 read and do the NETBookmark
  4. On page 135 read and do the What Went Wrong?
  5. Page 136 do #1, 3, 5, Teamwork
  1. Branding
  2. Viral Marketing
  3. Snowball Effect

Chapter 5 Question: Why is it important for an entrepreneur to develop a marketing plan?

Today’s Goals:

  • Identify pricing objectives for a business
  • Calculate the price for products using various methods
  • Discuss factors to consider when pricing services
  • List and describe various pricing strategies

Day 3 Order of Events:

  1. VIDEO–set price objectives, determine a price for a product, pricing strategies
  2. On page 137 read: What Price Should I Charge?
  3. On page 143 read and do Be Your Own Boss
  4. Page 144 do #1-5 &  Teamwork
  5. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  6. Entrepreneurship Chapter 5 Study Guide

Chapter 5 Question: Why is it important for an entrepreneur to develop a marketing plan?

Today’s Goals:

  • Apply what you have learned in chapter 5

Day 4 Order of Events:

  1. Entrepreneurship Chapter 5 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Read page 151–Global Marketing
  2. HERE IS A PRACTICE TEST
  3. WATCH THIS EXAMPLE
  4. HERE IS HOW YOU WILL BE SCORED
  5. HERE IS A PAST SCENARIO
  6. HERE IS THE 2018 TOPIC

Chapter 5 Question: Why is it important for an entrepreneur to develop a marketing plan?

Today’s Goals:

  • Apply what you have learned in chapter 5

Day 5 Order of Events:

  1. PRESENT:
    1. Read page 151–Global Marketing
    2. HERE IS A PRACTICE TEST
    3. WATCH THIS EXAMPLE
    4. HERE IS HOW YOU WILL BE SCORED
    5. HERE IS A PAST SCENARIO
    6. HERE IS THE 2018 TOPIC

Chapter 6 Question: Why is it important for an entrepreneur to know about distribution, promotion, and selling?

Today’s Goals:

  • Describe the four basic options of channels of distribution
  • Apply channels of distribution to specific needs of various types of businesses
  • List factors to consider in the physical distribution of products

Day 1 Order of Events:

  1. VIDEO–supply chain management, distribution for retail, service & manufacturing businesses, physical distribution
  2. Read page 178
  3. Do & check together: pages 179-180 #1-25
  4. Page 181 What Would You Do?
  5. Page 154 Avoid Distribution Mixups
  6. Page 156 Be Your Own Boss
  7. Page 159 do #1-5, and Teamwork

Chapter 6 Question: Why is it important for an entrepreneur to know about distribution, promotion, and selling?

Today’s Goals:

  • List the many forms of advertising and discuss advantages and disadvantages of each
  • Define publicity and describe ways to use publicity as a promotional tool

Day 2 Order of Events:

  1. VIDEO–promotion stratgies (advertising), publicity
  2. Page 160–Know the Costs of Promotion
  3. Page 163 NETBookmark
  4. Page 167 What Went Wrong?
  5. Page 170 #1-5 and Teamwork

Chapter 6 Question: Why is it important for an entrepreneur to know about distribution, promotion, and selling?

Today’s Goals:

  • Explain the role of selling in a business
  • Determine how to meet customer needs and wants
  • Discuss other types of promotional activities
  • Evaluate the effectiveness of promotional campaigns

Day 3 Order of Events:

  1. VIDEO–selling, determine customer needs and wants, other promotions, evaluation strategies
  2. Page 171 Expand the business
  3. Page 174 Famous Entrepreneur
  4. Page 176 #4 only
  5. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  6. Entrepreneurship Chapter 6 Study Guide

Chapter 6 Question: Why is it important for an entrepreneur to know about distribution, promotion, and selling?

Today’s Goals:

  • Apply what you have learned in chapter 6

Day 4 Order of Events:

  1. Entrepreneurship Chapter 6 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Sales Presentation: HERE IS HOW YOU WILL BE SCORED

Chapter 6 Question: Why is it important for an entrepreneur to know about distribution, promotion, and selling?

Today’s Goals:

  • Apply what you have learned in chapter 6

Day 5 Order of Events:

  1. Entrepreneurship Chapter 6 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Sales Presentation: HERE IS HOW YOU WILL BE SCORED

 

Chapter 7 Question: What are the different forms of business ownership?

Today’s Goals:

  • List advanatages and disadvantages of purchasing an existing business
  • Describe how to evaluate a franchise opportunity
  • List advantages and disadvantages of joining a family business
  • List advantages and disadvantages of starting a new business

Day 1 Order of Events:

  1. VIDEO–purchasing an existing business, franchise ownership, family business, start your own business
  2. Read page 212
  3. Do & check together: pages 213-214 #1-24
  4. Page 186 How can we get this dough rising?
  5. Page 192 NETBookmark
  6. Page 193 Did You Know?
  7. Page 195 #1-5

Chapter 7 Question: What are the different forms of business ownership?

Today’s Goals:

  • List advantages and disadvantages of a sole proprietorship
  • List advantages and disadvantages of a partnership
  • List advantages and disadvantages of a corporation

Day 2 Order of Events:

  1. VIDEO–sole proprietorship, partnership, corporation
  2. Page 196 Establish ownership
  3. Page 199 What Went Wrong?
  4. Page 201 Be Your Own Boss
  5. Page 202 #1–5

Chapter 7 Question: What are the different forms of business ownership?

Today’s Goals:

  • Recognize how laws promote competition
  • Describe how entrepreneurs protect intellectual property
  • Identify regulations that protect the public and how they affect businesses
  • Describe when and how a business owner should seek legal advice

Day 3 Order of Events:

  1. VIDEO–regulations that promote competition, intellectual property, laws that protect consumers, legal issues affecting business
  2. Page 203 Why are there regulations?
  3. Page 206 Famous Entrepreneur
  4. Page 210 # 1 & 4
  5. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  6. Entrepreneurship Chapter 7 Study Guide

Chapter 7 Question: What are the different forms of business ownership?

Today’s Goals:

  • Apply what you have learned in chapter 7

Day 4 Order of Events:

  1. Entrepreneurship Chapter 7 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Business Ethics: HERE IS HOW YOU WILL BE SCORED
  2. 2018 Topic

 

Chapter 7 Question: What are the different forms of business ownership?

  1. Today’s Goals:
    • Apply what you have learned in chapter 7

    Day 5 Order of Events:

    1. Entrepreneurship Chapter 7 Test
      1. Answer all True/False and Multiple Choice
      2. Do the Numeric Section for extra credit
      3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

    AND/OR:

    1. Business Ethics: HERE IS HOW YOU WILL BE SCORED
    2. 2018 Topic

Chapter 8 Question: How do entrepreneurs know where to locate and set up a business?

Today’s Goals:

  • Identify options for locating a retail business
  • Discuss factors to consider when choosing a location for a nonretail business
  • Identify the benefits of locating a business online
  • Describe steps to take in selecting a site

Day 1 Order of Events:

  1. VIDEO–locating a retail business, locating a nonretail business, starting a virtual or online business, selecting your site
  2. Read page 240
  3. Do & check together: pages 241-242 #1-21
  4. Page 220 Good locations come at a price.
  5. Page 226 What Went Wrong?
  6. Page 227 #1-4

Chapter 8 Question: How do entrepreneurs know where to locate and set up a business?

Today’s Goals:

  • Compare purchase and lease options
  • Describe layout considerations for different types of businesses

Day 2 Order of Events:

  1. VIDEO–lease or buy space, design the layout of your business
  2. Page 228 Store layout results in walking inventory
  3. Page 231 Famous Entrepreneur
  4. Page 232 NETBookmark
  5. Page 233 #1-5 & Teamwork

Chapter 8 Question: How do entrepreneurs know where to locate and set up a business?

Today’s Goals:

  • Explain how to find and choose vendors for your business
  • List factors that determine the needed level of inventory

Day 3 Order of Events:

  1. VIDEO–obtain equipment and supplies, purchase inventory
  2. Page 234 Set up shop
  3. Page 237 Be Your Own Boss
  4. Page 238 #4-6 & Teamwork
  5. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  6. Entrepreneurship Chapter 8 Study Guide

Chapter 8 Question: How do entrepreneurs know where to locate and set up a business?

Today’s Goals:

  • Apply what you have learned in chapter 8

Day 4 Order of Events:

  1. Entrepreneurship Chapter 8 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Management Decision Making: HERE IS HOW YOU WILL BE SCORED
  2. HERE IS A SAMPLE TEST AND CASE STUDY
  3. EXAMPLE OF TEAM PERFORMING

Chapter 8 Question: How do entrepreneurs know where to locate and set up a business?

Today’s Goals:

  • Apply what you have learned in chapter 8

Day 5 Order of Events:

  1. Entrepreneurship Chapter 8 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Management Decision Making: HERE IS HOW YOU WILL BE SCORED
  2. HERE IS A SAMPLE TEST AND CASE STUDY
  3. EXAMPLE OF TEAM PERFORMING

Chapter 9 Question: How entrepreneurs plan and track their finances

Today’s Goals:

  • Estimate your startup costs and personal net worth
  • Identify sources of equity capital for your business
  • Identify sources of debt capital for your business

Day 1 Order of Events:

  1. VIDEO–start up costs, personal financial statement, equity capital, debt capital
  2. Read page 272
  3. Do & check together: pages 273-274 #1-23
  4. Page 248 Line up your financing
  5. Page 254 NETBookmark
  6. Page 255 #1-5 & Teamwork

Chapter 9 Question: How entrepreneurs plan and track their finances

Today’s Goals:

  • Prepare a pro forma cash flow statement
  • Prepare a pro forma income statement
  • Prepare a pro forma balance sheet

Day 2 Order of Events:

  1. VIDEO–cash flow statement, income statement, balance sheet
  2. Page 256 Show me the money!
  3. Page 257-261 study the illustrations
  4. Page 262 #1-6

Chapter 9 Question: How entrepreneurs plan and track their finances

Today’s Goals:

  • Differentiate between alternative methods of accounting
  • Describe the use of journals and ledgers in a recordkeeping system
  • Explain the importance of keeping accurate and up-to-date bank, payroll, and tax records

Day 3 Order of Events:

  1. VIDEO–cash or accrual accounting methods, journals, ledgers, business, payroll, & tax records
  2. Page 263 Keep it all straight
  3. Page 267 What Went Wrong?
  4. Page 269 Be Your Own Boss
  5. Page 270 #1-5
  6. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  7. Entrepreneurship Chapter 9 Study Guide

Chapter 9 Question: How entrepreneurs plan and track their finances

Today’s Goals:

  • Apply what you have learned in chapter 9

Day 4 Order of Events:

  1. Entrepreneurship Chapter 9 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Page 277 Business Financial Plan: HERE IS HOW YOU WILL BE SCORED
  2. EXAMPLE #1
  3. EXAMPLE #2
  4. EXAMPLE #3

Chapter 9 Question: How entrepreneurs plan and track their finances

Today’s Goals:

  • Apply what you have learned in chapter 9

Day 5 Order of Events:

  1. Entrepreneurship Chapter 9 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Page 277 Business Financial Plan: HERE IS HOW YOU WILL BE SCORED
  2. EXAMPLE #1
  3. EXAMPLE #2
  4. EXAMPLE #3

Chapter 10 Question: How do entrepreneurs handle operations management?

Today’s Goals:

  • Define the 5 functions of management
  • Describe five types of policies that should be included in an operations manual

Day 1 Order of Events:

  1. VIDEO–management functions, operations manual
  2. Read page 304
  3. Do & check together: pages 305-306 #1-23
  4. Page 280 Make the shift from entrepreneur to manager
  5. Page 282 NETBookmark
  6. Page 285 #1-4

Chapter 10 Question: How do entrepreneurs handle operations management?

Today’s Goals:

  • Prepare a purchasing plan for inventory
  • Describe the perpetual and periodic inventory methods
  • Determine how much inventory to keep in stock

Day 2 Order of Events:

  1. VIDEO–meet inventory needs, track your inventory, manage your inventory
  2. Page 286 How much to buy?
  3. Page 288 Be Your Own Boss
  4. Page 291 Famous Entrepreneurs
  5. Page 292 #1-5 & Teamwork

Chapter 10 Question: How do entrepreneurs handle operations management?

Today’s Goals:

  • Describe strategies for managing cash flow
  • Evaluate a business’s performance through financial statement analysis

Day 3 Order of Events:

  1. VIDEO–manage your cash flow, prepare and analyze financial statements
  2. Page 293 Cash flows in and out.
  3. Page 294 Did You Know?
  4. Page 295 What Went Wrong?
  5. Page 302 #1-6 & Teamwork
  6. Play the review games on this website: http://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=9780538496896
  7. Entrepreneurship Chapter 10 Study Guide

Chapter 10 Question: How do entrepreneurs handle operations management?

Today’s Goals:

  • Apply what you have learned in chapter 10

Day 4 Order of Events:

  1. Entrepreneurship Chapter 10 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Page 309 Partnership With Business: HERE IS HOW YOU WILL BE SCORED
  2. EXAMPLE OF A TEAM PRESENTING
  3. EXAMPLE #1
  4. EXAMPLE #2

Chapter 10 Question: How do entrepreneurs handle operations management?

Today’s Goals:

  • Apply what you have learned in chapter 10

Day 5 Order of Events:

  1. Entrepreneurship Chapter 10 Test
    1. Answer all True/False and Multiple Choice
    2. Do the Numeric Section for extra credit
    3. Choose 1 essay question to respond to in at least 5 sentences using good writing skills.

AND/OR:

  1. Page 309 Partnership With Business: HERE IS HOW YOU WILL BE SCORED
  2. EXAMPLE OF A TEAM PRESENTING
  3. EXAMPLE #1
  4. EXAMPLE #2