Starting a Business
By: Shana Fisher
E-mail address: sfisher@vaildaily.com

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Intro

Task

Process

Evaluation

Conclusion

Teacher Page

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Teacher Page:

This project is designed to give students the basic skills needed to prepare a persuasive presentation.  This Webquest can be done throughout a semester and used as students are taught different aspects of businesses. 

Standards:
§120.3. Business Venture.

  1. General requirements.
  2. (b) Introduction. Students implement personal and interpersonal skills to strengthen individual performance in the workplace and in society and to make a successful transition to the workforce and/or postsecondary education. Students incorporate a broad base of knowledge that includes the legal, managerial, marketing, financial, ethical, and international dimensions of business to make appropriate business decisions.
(c) Knowledge and skills.
(1) The student implements components of productivity.
The student is expected to:
(A) identify the work tasks;
(B) develop job descriptions;
(C) establish work flow;
(D) develop quality-control procedures;
(E) develop a financial plan, for example, estimate expenses, identify a break-even point, set a profit goal, and identify sources of capital;
(F) staff the business, for example, hire employees, train employees, and evaluates employees and managers; and
(G) operate a business, for example, produce a product or perform a service, implement a marketing strategy, and maintain business records.
(2) The student applies work ethics, job expectations, multicultural considerations, and communication skills in the workplace.
The student is expected to:
(A) determine how personal integrity affects human relations on the job;
(B) demonstrate characteristics of successful working relationships, for example, teamwork, self control, and ability to accept criticism;
(C) analyze employer expectations;
(D) demonstrate a respect for the rights of others; and
(E) communicate effectively via oral, written, and electronic channels.
(3) The student surveys the options for the organization of a business and its operation.
The student is expected to:
(A) analyze entrepreneurship, for example, identify the characteristics of entrepreneurs, explain the benefits and liabilities of starting a business, and select a type of business ownership;
(B) conduct a needs assessment, for example, identify the customer's needs and analyze the competitive environment;
(C) select a product or a service;
(D) conduct market research, for example, select a target market, determine price, select distribution methods, and develop a promotional campaign;
(E) select resources, mentors, and professional advisors, for example, accountant and attorney;
(F) establish methods to evaluate progress at checkpoints and creates a strategy to respond to changes; and
(G) evaluate the business and allocate profit of the business.