Entrepreneurship Project
Entrepreneurship Project
BOM
Objective: The Entrepreneurship Project will afford you the opportunity to:
1. Prepare a written proposal for a new business
2. Learn what steps an entrepreneur must undertake to open a new business
Description: The Entrepreneurship Project will involve the following:
1. Developing a proposal to start a new business
2. Performing a self-analysis (including the willingness to take risks)
3. Providing a detailed analysis of the business situation
4. Provide a description of the way the business will operate
5. Provide detailed plans for financing the business
Competencies you will develop:
1. The ability to use oral and written communication skills
2. A general knowledge of the total business or industry, which is being entered
3. An understanding of the basic steps involved in starting a small business
4. The ability to interpret financial statements
5. The ability to self-evaluate personal skills, knowledge, abilities, and the willingness to take risks
6. An understanding of the components of gross and net profit
7. An understanding of the customer needs
8. An understanding of how business operates within the realms of economic principles
Procedures: You will complete a four-part business prospectus that describes a business you want to begin. This business must be located in the San Leandro, San Lorenzo, and Hayward shopping area. The business will not be illegal and must meet the requirements for owning and operating a business in Alameda County or the respective city chosen. In addition, I must approve of the business operation prior to your beginning the project.
The prospectus will be completed in segments with a series of mini-assignments given to help you organize your thoughts and coordinate your research efforts. You will be required to periodically conduct research outside of class as you complete various portions of these assignments. In addition, upon completion of the mini-assignments
BOM
Objective: The Entrepreneurship Project will afford you the opportunity to:
1. Prepare a written proposal for a new business
2. Learn what steps an entrepreneur must undertake to open a new business
Description: The Entrepreneurship Project will involve the following:
1. Developing a proposal to start a new business
2. Performing a self-analysis (including the willingness to take risks)
3. Providing a detailed analysis of the business situation
4. Provide a description of the way the business will operate
5. Provide detailed plans for financing the business
Competencies you will develop:
1. The ability to use oral and written communication skills
2. A general knowledge of the total business or industry, which is being entered
3. An understanding of the basic steps involved in starting a small business
4. The ability to interpret financial statements
5. The ability to self-evaluate personal skills, knowledge, abilities, and the willingness to take risks
6. An understanding of the components of gross and net profit
7. An understanding of the customer needs
8. An understanding of how business operates within the realms of economic principles
Procedures: You will complete a four-part business prospectus that describes a business you want to begin. This business must be located in the San Leandro, San Lorenzo, and Hayward shopping area. The business will not be illegal and must meet the requirements for owning and operating a business in Alameda County or the respective city chosen. In addition, I must approve of the business operation prior to your beginning the project.
The prospectus will be completed in segments with a series of mini-assignments given to help you organize your thoughts and coordinate your research efforts. You will be required to periodically conduct research outside of class as you complete various portions of these assignments. In addition, upon completion of the mini-assignments