Tuesday, September 15th, 8th Grade- Advantages and Disadvantages of a Sole Proprietorship

	Archdale-Trinity Middle School Lesson Plan
Date: 09-15-2015

Teacher:	Witkowski
Lesson/Unit Topic:	Types of Business Organizations- Sole Proprietorship
Standards:	NCCTE.BU20.01.02 Understand the types of business organizations.

“I Can…” Statement
I can explain the advantages and disadvantages of a sole proprietorship.	.

Literacy/Vocabulary Strategies (Word Wall)

An advantage of a Sole Proprietorship is that you get to keep all of the profit. https://www.flickr.com/photos/irsein/5170526338

Bell-Ringer/Connecting Strategy

Open your Bellringer file, and type the answer to the Day 11 questions. What is a sole proprietorship? What are 2 examples of a sole proprietorship?                     2.   Go to wclassroom.blogspot.com      3.  Finish any test correction flashcards and/or other missing work.

Lesson-Instructional Strategies & Procedures for Teacher and Students (Detailed Plans Including Best Practices, Researched Based Strategies)

Guided Lesson: If absent on Friday/Monday @You will need to create flash cards of all of the questions you miss!!!! Students will create online flashcards at http://quizlet.com/ if you do not have an email or if you do not like typing you may write out your flash cards on paper. @Winners of Business contest announced @ Let's think about the business game we played on Monday @ Let's think about how you used the different functions of business in your shop.  @ Let's look back at the definition of a sole proprietorship and see how it applies to your business experience during this game. @ Fill in any definitions you do not have written (look for the red words) @ Video of High School Student, with his own business. http://abc7ny.com/food/high-school-student-in-the-business-of-gelato/927737/ @ Let's think about how he used the different functions of business in his shop. Independent Exercise: @ Review Sole Proprietorship by going to https://kahoot.it/#/ @ What is a sole proprietorship? https://www.youtube.com/watch?v=7aYipxNeJCE  @ Start on business card/flyer activity @ We will start on the next unit- 1.02 Types of Business Organizations- Partnerships @ Students will take notes (look for the red, blue and green words).

Exit Activity  - All work for 1.01 Purposes of Business is due today.