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

Name:  Where 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 2- Business Plan Parts
http://www.quia.com/rr/578371.html?AP_rand=1112252576

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