Entrepreneurship: Will it Work?
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. Learners will determine what personal factors to consider in deciding if the time is right to become an entrepreneur. As potential entrepreneurs, they will examine the feasibility study, marketing strategies, proposal, and the local census data. Upon completion they will have compiled a list of marketing strategies, answers from the feasibility studies, and census data on the area in which they plan to locate their businesses. They will also have created a partial proposal. Small Business Administration resources that will replace those listed in the lesson include:
- “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
- “Developing a Marketing Plan” www.sba.gov/content/developing-marketing-plan Podcasts 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