Thursday, December 10, 2015

Friday, December 11th- 8th Grade- Finish Food Truck Business Plan and Practice Presentation


Interlocking AT.jpg
Archdale-Trinity Middle School
Lesson Plan
Date: 12-11-2015


Teacher:
Witkowski

Lesson/Unit Topic:
The Entrepreneurial Process-
Understanding the Business Plan

Standards:
NCCTE.BU20.03.03 Understanding the procedures and requirements of starting a business



“I Can…” Statement

I can explain the different parts of a business plan.
Signed interim reports are due.
Test on Wednesday, December 16th Shark Tank projects due on Thursday, Dec. 17th



Literacy/Vocabulary Strategies (Word Wall)
The business plan is created in the Concept Development phase.












http://www.actioncoach.com/wp-content/uploads/2015/07/business-plan.jpg
Bell-Ringer/Connecting Strategy
      
1.  Go to wclassroom.blogspot.com 

2.  Go to your lunch number and open your Shark Tank Business Plan
     
Lesson-Instructional Strategies and Procedures for Teacher and Students
(Detailed Plans Including Best Practices, Researched Based Strategies)
Guided Lesson: 
@ Miss W will go over formatting- no more than 2 pages for the Business Plan

@ Miss W will go over the Executive Summary details- will be on separate page/document

·         New Word doc called ES
Put your name on it

·         Introduction - the name of your business and why you are in business.
·         Need Introduction for each section 2-9 then copy and paste 1 to 2 CORRECT lines

Sample Executive Summaries- Look at the opening sentences for each paragraph.
It does NOT need to as long as the samples!!! It should take a minute for you to read it.

#1  https://kevinod24.wordpress.com/executive-summary/

#2 https://bistrotogo.wordpress.com/executive-summary-2/

#3  https://www.pace.edu/lubin/sites/pace.edu.lubin/files/WFO/Images/bpc/2011/BoomersMobileBistro.pdf     

@ Miss W will explain about the presentation rubric


 Independent Exercise: 
 
@ Exit Activity 1 and then Exit Activity 2


@ Students will complete the Executive Summary and practice to make sure it is one minute of less.

Wed and Thursday's Lesson

NameWhere to find the answers for the Shark Tank Business Components
Name of Food Truck:

1.    Executive Summary: Recap of all of the sections
WAIT until you have completed questions 2 through 9 then copy and paste one or two sentences from each section.
___________________________________________________________________
2.    Product/Service Plan: What are you are selling? Why is it special?

3 sentences: Your Grand Opening flyer (in your crate) lists menu items and prices and why someone should eat at your food truck.
___________________________________________________________________
3.    Management Team Plan: What are your skills?

5 sentences: Go to PowerPoint 3.01 and write about 5 skills and/or abilities you have.
  
4.    Industry/Market Analysis: What is the competition? Who are your customers?
3 Sentences with information from the Researching Market Trends worksheet.

1 sentence with information from the Demographics worksheet.

5.     Operational Plan: How are you going to make and deliver your product?
3 sentences about your food truck route

6.    Organizational Plan: What is your management style?
1 sentence: Which leadership style(s) are you? See the 3 choices below.
Participative- asking for your employee opinions, more like a democracy
Delegative- let your employees make decisions
Authoritarian- you make all of the decisions.
7.    Marketing Plan: What are your ideas for selling your product?
5 sentences from your 20 ideas for a Grand Opening list. It is in your folder.

8.     Growth Plan: Where do you see your business in the future?
3 sentences are you going to expand locations, add more food trucks, more employees, have an IPO (offer stock for investment money), international locations

9.     Financial Plan: How much money do you have? Where are you getting your money?

3 sentences. Copy and paste the sentences from the day you calculated how much money it would take to run your business for 3 months. We went to the online Lowes site first then went to the web site. Where are you getting your money? Bank, parents…





Exit Activity 1- All 5 Entrepreneurial Phases http://www.quia.com/rr/827311.html.

 
Exit Activity 2Business Plan Parts
http://www.quia.com/rr/578371.html?AP_rand=1112252576

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