Thursday, November 29, 2018

Business Work Week

BUSINESS PROJECT
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Tuesday, November 27, 2018

Catch-up / Get-ahead Day

BUSINESS PROJECT
EverFi CATCH-UP

 UNIT 1  CATCH-UP
If you have not done so already...

UNIT 2 CATCH-UP
If you have not done so already...

UNIT 3 CATCH-UPIf you have not done so already...
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Monday, November 26, 2018

E-Learning Assignment

BUSINESS PLAN REPORT DUE THIS FRIDAY
  • Business Name & Business Logo
  • Slogan for your business
  • Problem Statement
    • what problem are you trying to solve
  • Products List Details
  • PURCHASE PLAN
    • FROM WHERE WILL YOU PURCHASE YOUR PRODUCT
    • WHEN WILL YOU PURCHASE YOUR PRODUCT
    • HOW MUCH WILL YOU PURCHASE
  • Selling Price of each
    • include explanation of how you arrived at selling prices
  • Sales Forecast
    • how many of each product are you planning on selling and at what price
  • Customer Analysis
    • describe your target market
  • Survey Results
    • summarize your survey results
  • ADVERTISING PLAN:
    • how are you going to promote your business
      • CREATE A SOCIAL MEDIA POST
      • DESIGN A PROMOTIONAL FLYER
      • DEVELOP A COMMERCIAL
    • SALES PLAN
      • WHERE WILL YOU SELL YOUR PRODUCT
      • WHEN WILL YOU SELL YOUR PRODUCT
      • GET APPROVAL TO SELL FROM Mr. Andrew Sharos, Assistant Principal
    • Team Member Roles
      • describe each team member's responsibilities
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    Tuesday, November 20, 2018

    Sub Plans

    Update your business plan report:
    • Business Name & Business Logo
    • Slogan for your business
    • Problem Statement
      • what problem are you trying to solve
    • Products List Details
    • PURCHASE PLAN
      • FROM WHERE WILL YOU PURCHASE YOUR PRODUCT
      • WHEN WILL YOU PURCHASE YOUR PRODUCT
      • HOW MUCH WILL YOU PURCHASE
    • Selling Price of each
      • include explanation of how you arrived at selling prices
    • Sales Forecast
      • how many of each product are you planning on selling and at what price
    • Customer Analysis
      • describe your target market
    • Survey Results
      • summarize your survey results
    • ADVERTISING PLAN:
      • how are you going to promote your business
        • CREATE A SOCIAL MEDIA POST
        • DESIGN A PROMOTIONAL FLYER
        • DEVELOP A COMMERCIAL
    • SALES PLAN
      • WHERE WILL YOU SELL YOUR PRODUCT
      • WHEN WILL YOU SELL YOUR PRODUCT
      • GET APPROVAL TO SELL FROM Mr. Andrew Sharos, Assistant Principal
    • Team Member Roles
      • describe each team member's responsibilities
    UNIT 1  CATCH-UP
    If you have not done so already...

    UNIT 2 CATCH-UP
    If you have not done so already...

    UNIT 3 CATCH-UP
    If you have not done so already...
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    Friday, November 16, 2018

    Review

    Things we should know by know about Unit 1:

    • WHAT IS ENTREPRENEURSHIP
      • Entrepreneur Definition
        • creator, organizer, and owner of innovative business
      • Entrepreneurship Definition:
        • process of recognizing, creating, and acting upon a business opportunity
    • YOUR POTENTIAL AS AN ENTREPRENEUR
      • Entrepreneurship Risks:
        • long hours
        • uncertain income
        • responsibility
        • lose investment
      • Entrepreneurship Rewards:
        • own boss
        • enjoy what you do
        • be creative
        • set own schedule
        • job security
        • earn what you want
        • community recognition
      • Traits of Successful Entrepreneurs:
        • persistent
        • creative
        • responsible
        • inquisitive
        • goal-oriented
        • independent
        • self-demanding
        • self-confident
        • risk-taker
        • restless
        • action-oriented
        • enthusiastic
    • RECOGNIZING OPPORTUNITY
      • Entrepreneurial Trends
        • online businesses
        • service businesses
        • home-based businesses
        • green businesses
        • social entrepreneurship
        • technological focused businesses
        • outsourcing
        • strategic alliances
        • corporate ventures
      • Creativity and Innovation
        • connection 
          • (bringing together two things that are not usually connected)
        • discovery
        • invention
        • application
          • (going beyond the original invention to other uses in new areas)
      • Idea or Opportunity
        • opportunities are ideas with commercial potential
          • unmet consumer needs
          • unfilled market niches
      • Creative Thinking Strategies
        • brainstorming
        • see ordinary items in a different way
        • find creative solutions to common problems
      • Identifying Opportunities
        • observe the world around you
        • watch demographic changes
        • be an avid reader
        • hobbies
        • work experience
        • interests
        • trade magazines
        • specialty magazines
        • trade shows
        • newspapers
        • Internet
        • government agencies
    • FEASIBILITY AND BUSINESS PLANNING
        • Business Concept
          • clear and concise description of an opportunity
            • product of service
              • solution to a problem
            • target customer
            • benefit
              • value to the customer
            • distribution
              • retail, wholesale, online, mail, door-to-door
        • Feasibility Analysis
          • determine if business concept has potential for success
            • does demand exist
            • favorable business conditions
          • considerations:
            • Industry
              • demographics
              • trends
              • life cycle stage
              • barriers to entry
              • status of technology
              • typical profit margins
            • Market
              • demographics
              • customer profile
              • plan for communicating with customers
            • Team
              • knowledge and skills
              • gaps and how to fill
            • Product / Service
              • features and benefits
              • product development
              • intellectual property rights
              • differentiation
            • Finance
              • business model
              • start-up requirements
              • positive cash flow
              • break-even point
            • Value Chain
              • description
              • channels
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    Thursday, November 15, 2018

    Turning in Assignments

    Here are the steps to turn in an assignment:
    1. open assignment
    2. click Share button
    3. go to Advanced settings
    4. change the share settings from specific people to "Anyone one with the link"
    5. copy the URL (link, web address) of your assignment
    6. go to Assignment Submission Form
    7. paste the URL and fill out remainder of information
    8. click submit
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    Friday, November 2, 2018

    Sub Plans

    Due Friday: Create a business plan report using Google Docs that includes:
    • Business Name & Business Logo
    • Slogan for your business
    • Problem Statement
      • what problem are you trying to solve
    • Products List Details
    • Costs of each product
      • include the source of your costing info
    • Selling Price of each
      • include explanation of how you arrived at selling prices
    • Sales Forecast
      • how many of each product are you planning on selling and at what price
    • Customer Analysis
      • describe your target market
    • Survey Results
      • summarize your survey results
    • Advertising Plan
      • how are you going to promote your business
    • Sales Plan
      • how are you going to sell your products
    • Team Member Roles
      • describe each team member's responsibilities

    UNIT 1  CATCH-UP
    If you have not done so already...

    UNIT 2 CATCH-UP
    If you have not done so already...

    UNIT 3 CATCH-UP
    If you have not done so already...

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