Entrepreneurship: What Business am I in?
This activity is part of the Workforce Education Learning Activities Bank, an interactive resource of work-related basic skills lessons for use by instructors in the workplace or in traditional adult education programs and by adult learners. All activities within the bank are aligned with the appropriate Secretary’s Commission on Achieving Necessary Skills (SCANS), Equipped for the Future (EFF), and GED skills and standards. In the activity, learners will: (1) examine the goals and mission statements in several actual business plans to determine and clearly define their hypothetical companies’ products or services; (2) outline mission/vision statements for their companies; (3) formulate goals for their companies; (4) develop objectives for each of the first three months of their business’ operation to direct the business toward the goals; (5) create slogans and names for their companies. The following resources from the Small Business Administration replace the outdated links on the activity lesson plan:
- “Starting a Business” www.sba.gov/category/navigation-structure/starting-managing-business/starting-business
- “Writing a Business Plan” www.sba.gov/category/navigation-structure/starting-managing-business/starting-business/writing-business-plan
- Podcasts (audio) www.sba.gov/category/navigation-structure/counseling-training/online-small-business-training/starting-business/podcasts
- Video– “SBA Delivering Success: Planning & Research” www.sba.gov/content/sba-delivering-success-planning-research
The activity on communication is taught within the career pathways context of the Business Management and Administration career cluster. Students will be able to: (1) Convey ideas in writing; (2) Reflect on ideas and evaluate them; and (3) Demonstrate decision-making skills.