Warwick School District

Course Description

This is your chance to learn how to plan a small business! Amaze investors, bank loan officers, accountants and lawyers by understanding the importance of a business plan for your new entrepreneurial venture. The units of study associated with this course include: examining entrepreneurship as a career, sources of new business enterprise ideas, analyzing markets and studying competitors, planning and organizing a business enterprise, marketing products/services, obtaining financing, cash flow charts, preparing a financial plan, and selling your idea through the development of a business plan.

Core Curriculum Content Standards

Sci & Tech - Technology and Engineering Education (2009-2012)

• Technology and Society

• GRADE 10

• Recognize that technological development has been evolutionary, the result of a series of refinements to a basic invention.(3.4.10.B4)

Civics and Government (2009-2012)

• How Government Works

• CIVICS & GOVERNMENT

• Analyze the roles of local, state, and national governments in policy-making.(5.3.C.B)
• Explain how government agencies create, amend, and enforce policies in local, state, and national governments.(5.3.C.C)

Economics (2009-2012)

• Scarcity and Choice

• GRADE 12

• Analyze the opportunity cost of decisions made by individuals, businesses, communities, and nations.(6.1.12.C)

• Economic Interdependence

• GRADE 12

• Evaluate the comparative advantage of nations in the production of goods and services.(6.4.12.A)

• Income, Profit, and Wealth

• GRADE 9

• Identify and explain the characteristics of sole proprietorship, partnership, and corporation.(6.5.9.C)

• GRADE 12

• Analyze the factors influencing wages.(6.5.12.A)
• Analyze the costs and benefits of organizing a business as a sole proprietorship, partnership, or corporation.(6.5.12.C)
• Assess the impact of entrepreneurs on the economy.(6.5.12.F)

Career Education and Work (2002)

• Entrepreneurship

• GRADE 11

• Analyze entrepreneurship as it relates to personal career goals and corporate opportunities.(13.4.11.A)
• Analyze entrepreneurship as it relates to personal character traits.(13.4.11.B)
• Develop a business plan for an entrepreneurial concept of personal interest and identify available resources, such as, but not limited to: -Community based organizations (that is chambers of commerce, trade/technical associations, Industrial Resource Centers) -Financial institutions -School-based career centers Small Business Administration services (that is SCORE, Small Business Development Centers, Entrepreneurial Development Centers) -Venture capital(13.4.11.C)

Business, Computer and Information Technology (2012)

• Communication

• GRADES 9 - 12

• Evaluate a speaker’s reasoning and intent; ask questions to deepen understanding. (individual, team, employment, and business).Reference English Language Arts CC.1.5.11-12.G. CC.1.5.11-12.C(15.3.12.F)
• Identify the diverse communication skills necessary within an organization (e.g., customer relations, sales, management).(15.3.12.O)

• Entrepreneurship

• GRADES 9 - 12

• Analyze personal choices in preparation for entrepreneurship.(15.5.12.A)
• Analyze the impact of entrepreneurship in the domestic economy.(15.5.12.C)
• Create a business plan using appropriate data to support the business concept.(15.5.12.D)
• Research the opportunities for local entrepreneurship in the global economy and discuss the impact of government regulations.(15.5.12.F)
• Analyze funding sources for an entrepreneurship including, IPO, venture capital, loans, and owner capital.(15.5.12.M)

• Finance and Economics

• GRADES 9 - 12

• Evaluate the impact of internal and external influences on financial decisions.(15.6.12.A)

• Management

• GRADES 9 - 12

• Analyze leadership skills necessary for leading at various management levels.(15.8.12.G)
• Evaluate selection criteria for a position in a business or organization.(15.8.12.M)

• Marketing

• GRADES 9 - 12

• Analyze how marketing influences today’s households, businesses, and society; including but not limited to business-to-consumer, business-to-business, and consumer-to-consumer.(15.9.12.B)
• Evaluate the influence of members of a marketing channel, including company, intermediaries, retailer, and consumer.(15.9.12.C)
• Research and analyze consumer behavior patterns and the effect of those patterns on business and the economy.(15.9.12.E)
• Evaluate processes needed to obtain, develop, maintain, and improve products or services; including product development, packaging, branding, product mix, product life cycle, and product positioning.(15.9.12.F)
• Design a comprehensive promotion plan for a product or service.(15.9.12.I)

Units

Unit #1 - Small Business Rules

Unit #2 - I Can Do That

Unit #3 - Do I Have What it Takes?

Unit #4 - Where Do I Begin?

Unit #5 - Should I Work Alone?

Unit #6 - What is a Business Plan. Why Do I Need One?

Unit #7 - Where Do I Go From Here?

Unit #8 - Get Ready, Get Set, Go...

Unit #9 - Competition is Everywhere!

Unit #10 - Who Will Buy What I Am Selling?

Unit #11 - Is the Price Right?

Unit #12 - Advertising Techniques

Unit #13 - Who's the Boss?

Unit #14 - Help Wanted

Unit #15 - Risky Business!!

Unit #16 - To Regulate or Not to Regulate.... That is the Que

Unit #17 - Show Me the Money!

Unit #18 - Can I Afford a Loan?