Entrepreneurship
**All Profits from your buisness will be donated to the School Charity**
Embedded Files
Challenge
Challenge
Your challenge is to propose and carry out a business or service
Your challenge is to propose and carry out a business or service
Lesson Target/Outcome: What I'll Learn
Lesson Target/Outcome: What I'll Learn
I can write a coherent business plan that conveys information clearly
I can write a coherent business plan that conveys information clearly
I can develop ideas that are more feasible, impactful, and creative.
I can develop ideas that are more feasible, impactful, and creative.
I can learn the basics of creating and designing my own business.
I can learn the basics of creating and designing my own business.
What you should know
What you should know
What to sell
What to sell
What prices to set for our products
What prices to set for our products
What you will need
What you will need
A name for your business
A name for your business
A logo for your business so people can identify it
A logo for your business so people can identify it
Prices set for the products we plan to sell
Prices set for the products we plan to sell
Skills to Master:
Skills to Master:
Create a name for business
Create a name for business
Identify a product to sell
Identify a product to sell
Plan to advertise business
Plan to advertise business
Have a method of collecting and organizing data: sales and customers-profits/losses
Have a method of collecting and organizing data: sales and customers-profits/losses
donate profit to a school supported charity
donate profit to a school supported charity
Important Vocabulary
Important Vocabulary
Entrepreneurship is the process of identifying a business opportunity and using resources to take advantage of it. It can involve introducing a new product or service, or improving an existing one.
Entrepreneurship is the process of identifying a business opportunity and using resources to take advantage of it. It can involve introducing a new product or service, or improving an existing one.
Profit - financial gain.
Profit - financial gain.
Demand represents consumer desire for a product or service.
Demand represents consumer desire for a product or service.
Goods represent physical products that customers buy.
Goods represent physical products that customers buy.
Advertising is the practice of promoting your products or services to a vast audience.
Advertising is the practice of promoting your products or services to a vast audience.
A business model is a description of how an existing business or business idea plans to achieve success, make a profit, and create value.
A business model is a description of how an existing business or business idea plans to achieve success, make a profit, and create value.
Intellectual property (IP) is a legal term for creations of the mind, such as inventions, artistic works, designs, and symbols. IP is protected by law through patents, trademarks, and copyrights, which allow creators to earn financial benefit or recognition for their work.
Intellectual property (IP) is a legal term for creations of the mind, such as inventions, artistic works, designs, and symbols. IP is protected by law through patents, trademarks, and copyrights, which allow creators to earn financial benefit or recognition for their work.
Math I will need to know
Math I will need to know
A business commonly uses math like basic arithmetic, algebra, statistics, probability, and in some cases, calculus, to manage operations including accounting, inventory, marketing, sales forecasting, and financial analysis; depending on the business complexity, more advanced math like linear programming and matrix algebra may be used as well.
A business commonly uses math like basic arithmetic, algebra, statistics, probability, and in some cases, calculus, to manage operations including accounting, inventory, marketing, sales forecasting, and financial analysis; depending on the business complexity, more advanced math like linear programming and matrix algebra may be used as well.
Basic Math: Essential for everyday calculations like pricing, discounts, payroll, and budgeting.
Basic Math: Essential for everyday calculations like pricing, discounts, payroll, and budgeting.
You will need to learn how to use a Spreadshett to calculate profit and loss. This video on how to use Google Sheets will help you. LINK
You will need to learn how to use a Spreadshett to calculate profit and loss. This video on how to use Google Sheets will help you. LINK
Career and Real World Connection
Career and Real World Connection
Entrepreneurs create new businesses while bearing most of the risks. They bring fresh ideas to life, often introducing products or services that have an impact on markets or even society as a whole. Entrepreneurs can drive economic growth and innovation, making them a vital part of our economy.
Entrepreneurs create new businesses while bearing most of the risks. They bring fresh ideas to life, often introducing products or services that have an impact on markets or even society as a whole. Entrepreneurs can drive economic growth and innovation, making them a vital part of our economy.
Social Media Manager-While specific job requirements can vary, social media managers tackle a wide variety of responsibilities. Whether marketing or building a business' online presence, these digital workers monitor and continuously evaluate public perception and proactively address any issues.
Social Media Manager-While specific job requirements can vary, social media managers tackle a wide variety of responsibilities. Whether marketing or building a business' online presence, these digital workers monitor and continuously evaluate public perception and proactively address any issues.
Small Business Manager-Oversee employees by creating their schedules and providing performance feedback. Conduct inventory management for the business. Oversee loss prevention measures. Create and implement marketing and promotion plans. Oversee visual displays for storefronts and ensure the environment remains clean and presentable.
Small Business Manager-Oversee employees by creating their schedules and providing performance feedback. Conduct inventory management for the business. Oversee loss prevention measures. Create and implement marketing and promotion plans. Oversee visual displays for storefronts and ensure the environment remains clean and presentable.
Entrepreneur-Build Your Own Business
Entrepreneur-Build Your Own Business
Venture_ Entrepreneurial Expedition.mp4EverFi -Ventures
EverFi -Ventures
START HERE: Log into Clever and find EVERFI -ENTER code: d1bb8423
START HERE: Log into Clever and find EVERFI -ENTER code: d1bb8423
Other resources to start business- LINK
Other Businesses -8 STEPS How to start a business
See these materials to learn how to make your own Food Truck LINK
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