Wednesday, December 6, 2017

Thursday, December 7th- 8th Grade- Finalize Business Plan Project

Archdale-Trinity Middle School
Lesson Plan
Date: 12-07-2017


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 why an executive summary is important.




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.    Open your 3.03 Business Plan WORD document

3. If you are NOT finished with numbers 1 through 9
          complete them.   

 4.   If you are not finished with Business Plan Worksheet, complete it. 

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

 @ Students will complete Exit Activity 3 in groups of 2 or 3.

@ Miss W will go over the Rubric for the Business Plan Project 

 @ Miss W will review how to spell check.

 @ Miss W will review grammar requirements. 

 @ While Miss W will point out a spelling mistake,
    
 it is your responsibility to check that words are spelled correctly.
     
No text talk, use "you" not "u"
     
If you are not sure which word is the right word, check on google
     
Example   their  and there       are and our     
It is your responsibility to check the grammar. 
     
Sentences and proper nouns start with a capital letter.
     
Sentences end with a period. 

 Check each section, by using spell check AND by reading them. 

 Spelling is worth 25% of the grade. 
@ Students should practice reading their Executive Summary out loud.
     
They should be able to pronounce all of the words easily.
     
Students will be turning this paragraph into their 30 second sales pitch. 


@ Sample Business Plan http://www.dummies.com/how-to/content/the-executive-summary-of-your-food-trucks-business.html


Ry's Ruffery - Success As A Teenage Entrepreneur
https://www.youtube.com/watch?v=_vSyZyA5IRI


@ Young adult entrepreneurs

@ 20 teenage entrepreneurs


Independent Exercise: 

@ Students will complete discussed business plan items.


@ In groups, students will complete the Executive Summary worksheet

The sections are NOT in order. 

Choose from:Marketing                           Management             Product/Service
      Executive Summary           Financial                   Industry/Market Analysis

Operational or Growth


@ Students will complete Exit Activity 3 alone.
Name:  Where to find the answers for  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 Successful Entrepreneurs 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?
@ There are no wrong or right leadership styles it depends on the situation.
      Different situations need different styles.

@ Simple- 10-Second Quiz: Your Leadership Worldview
http://switchandshift.com/10-second-quiz-your-leadership-worldview

@ A little more complicated- Miss W will review different characteristics of Leadership and have students take a leadership survey at http://psychology.about.com/library/quiz/bl-leadershipquiz.htm      Your group is your employees. Consensus means agreement.

By the words "Organizational plan" on your notes page write down which of three styles the quiz determines for you:

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


Exit Activity 3- Business Plan  https://www.quia.com/rr/1078129.html 


Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)