Creating A Business Plan

Students will use the business plan template provided by their instructor and will explore each section of the business plan. 

Content Standards (Management Principle, 9-12 grade)

1. Explain how effective decision-making skills and processes are used in evaluating the
    procedures for management decisions related to credit, insurance, marketing, product
    development and distribution, pricing and promotion, human resources planning, and
    employee and organizational development.

2. Analyze functions of management to determine major responsibilities of supervisors.
    Examples: human resources, marketing, production, customer service

12. Describe financial and legal operations of a business.
� Preparing financial documents                                                                                                                                                                                                                               Examples: financial statements; budget, revenue, profit, and income statements;
balance sheets; bank statements
� Identifying types of negotiable instruments
� Interpreting the importance of copyrights, patents, and trademarks

Learning Objective

Student will be able to identify the basic parts of a business plan

Students will explore options related to starting a business and examine the steps and risks involved.

Students will develop written and verbal communication skills, math skills, and research skills.                                                                                           

Once completed, students will be able to identify the 4 P�s of marketing.