Guest entrepreneurs may share personal experiences and give assistance. Students prepare financial statements. Students calculate cost of goods sold and profits. Students record inventory and purchases. Students plan work schedule of employees and time management charts.
Students prepare survey instrument and compile results to identify target markets and locations.
Students complete presentation containing Predicted Earnings and Expenses Facts about competition 2. Students compare their business ideas with other students' ideas. Students write letters to possible lenders, news release to introduce business, executive summary to present to class, flyers or newsletters, business cards, and presentation using word processor, graphics, and presentation software. Students prepare tables and graphs to present financial information and survey results. Spreadsheet software can be used to prepare collected data.