Financial information will be predicted for 3 to 5 years. Decision making skills may be practiced based on collected facts. Research skills on companies and finances can be used. 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.