BUSINESS PLAN Project-Based Learning (PBL) Project – Entrepreneurship Class Activity

Description

The students create a lean BUSINESS PLAN for their very own fictional business of their choice in your Entrepreneurship Class or Introduction to Business Class.

▶️An instructional video for the teacher is provided in the resource.

The materials included with this resource provide the teacher with step-by-step instructions for students to prepare their lean business plan.

Step 1:

An instructional presentation to show your students before the project begins.  This PowerPoint is only to be used to generate discussion on “What is a Business Plan?” & “What is it used for?” Use this discussion to get your students to decide what type of business would get them excited to create a business plan.

Step 2:

Create a cover for their formal business plan folder.

Step 3:

Students complete the components of their Business Plan:

• Executive Summary
• Company Description
• Products and Services
• Market Analysis
• Strategy and Implementation
• Organization and Management
• Competitor Analysis
• Financial Plan & Projections
• Mission Statement
• SWOT Analysis

Step 4:

Students gather images of supplies and equipment needed for their start-up business. Students must ‘shop’ within a fixed budget.

**TEACHER’S VISUAL NOTES, A STUDENT EXAMPLE OF A FINISHED BUSINESS PLAN, AND SUGGESTED GRADING RUBRIC ARE INCLUDED**

This is digital activity that sends easily to all learning management systems as it is a Google Doc! ⚠️HOWEVER, IT IS DESIGNED TO BE PRINTED OUT.⚠️

✅Can be completed in Google or Microsoft!✅ Just convert the files in Google to Microsoft files.