BMA-IBT-7 Understanding Entrepreneurship Unit Intro to Business & Technology Course Standard 7 BMA-IBT-7 Demonstrate an understanding of entrepreneurship through recognizing a business opportunity, and basics of how to operate and maintain that business. 7.1 7.2 7.3 7.4 7.5 Identify the unique characteristics, traits, and concepts of the successful entrepreneur. Describe the importance of developing and organizing a successful business plan. Identify components and format of a business plan. Examine the business opportunities available in local school and community. Participate as part of a team in an effort to accomplish a common goal leading to a successful business endeavor. 7.6 Differentiate between the types of business ownership. 7.7 Explain the implications of technology on business development and future growth. Support of CTAE Foundation Course Standards and Common Core GPS and Georgia Performance Standards ELACC9-10SL1: Initiate and participate effectively in a range of collaborative discussions (one on-one, in groups, and teacher-led) with diverse partners on grades 9-10 topics, texts, and issues, building on others’ ideas and expressing their own clearly and persuasively. ELACC9-10SL4: Present information, finding, and supporting evidence clearly, con cisely, and logically such that listeners can follow the line of reasoning and the organization, development, substance, and style are appropriate to purpose, audience, and task. 1 BMA-IBT-7 Understanding Entrepreneurship Unit Day 1 Day 2 Bellringer/Warm-up Essential Question: What is an entrepreneur? Bellringer/Warm-up Essential Question: What is entrepreneurship? Bellringer: Week 4 #20 Bellringer: Week 5 #21 Objective: Students will be introduced to entrepreneurship, will learn about how to recognize a business opportunity, and the basics of how to operate and maintain that business. Objective: Students will continue learning about entrepreneurship, how to recognize a business opportunity, and the basics of operating and maintaining a business. Guided Practice: Students will take notes over the Intro to Entrepreneurship PPT and will discuss the basics of entrepreneurship. Guided Practice: Students will take notes over the Intro to Entrepreneurship PPT and will discuss the basics of entrepreneurship. Independent Practice: Students will take notes on the handouts for the PPT. Independent Practice: Students will finish taking notes and will complete the What Makes a Successful Entrepreneur Activity. Grade: Teacher Observation Closure: Review today and preview tomorrow. Materials: Intro to Entrepreneurship PPT and Notes Handout Grade: What Makes a Successful Entrepreneur Activity Closure: Review today and preview tomorrow. Day 3 Day 4 Day 5 Bellringer/Warm-up Essential Question: What is it called when a business is owned by 2 or more people? Bellringer/Warm-up Essential Question: What type of business do the men start in the movie and why? Bellringer/Warm-up Essential Question: Who are 3 well-known entrepreneurs? Bellringer: Week 5 #22 Bellringer: Week 5 #23 Objective: Students will view a movie (Daddy Day Care) about men that are laid-off from their job but recognize a business opportunity and then start and maintain a successful business. Objective: Students will view a movie (Daddy Day Care) about men that are laid-off from their job but recognize a business opportunity and then start and maintain a successful business. Guided Practice: Students will be introduced to the video. Guided Practice: Students will be introduced to the video. Independent Practice: Students will use the movie handouts to take notes about the entrepreneurial ventures shown throughout the movie. Independent Practice: Students will use the movie handouts to take notes about the entrepreneurial ventures shown throughout the movie. Grade: Daddy Day Care Activity Sheet Grade: Daddy Day Care Activity Sheet Independent Practice: Students will use the movie handouts to take notes about the entrepreneurial ventures shown throughout the movie. Closure: Review today and preview tomorrow. Closure: Review today and preview tomorrow. Grade: Daddy Day Care Activity Sheet Materials: Daddy Day Care Movie and Daddy Day Care Activity Sheet Materials: Daddy Day Care Movie and Daddy Day Care Activity Sheet Closure: Review today and preview tomorrow. Bellringer: Week 5 #24 Materials: Into to Entrepreneurship PPT, Notes Handouts, and What Makes a Successful Entrepreneur Activity Objective: Students will view a movie (Daddy Day Care) about men that are laid-off from their job but recognize a business opportunity and then start and maintain a successful business. Guided Practice: Students will be introduced to the video. At the end of the video, the students should complete the ABC’s of Entrepreneurship Activity Materials: Daddy Day Care Movie, Daddy Day Care Activity Sheet, and ABCs of Entre. Activity 2 BMA-IBT-7 Understanding Entrepreneurship Unit Day 6 Bellringer/Warm-up Essential Question: What are the 4 types of business ownership? Day 7 Day 8 Day 9 Day 10 Bellringer/Warm-up Essential Question: Who is Steve Jobs? Bellringer/Warm-up Essential Question: What is a business plan? Bellringer/Warm-up Essential Question: What is the purpose of a business plan? Bellringer/Warm-up Essential Question: How do you create a business? Bellringer: Week 6 #26 Bellringer: Week 6 #27 Bellringer: Week 6 #28 Bellringer: Week 6 #29 Objective: Students will view a documentary: iGenius: How Steve Jobs Changed the World – Discovery Channel Documentary and will use a guided handout to answer the questions throughout the documentary. Objective: Students will be introduced to business plans, will learn about the components and format of the business plans, and will learn about the importance of a successful business plan. Objective: Students will continue to develop an understanding of why a good business plan is important, and will continue to learn about the components and formatting of a business plan. Guided Practice: Discuss and present the Business Plans PPT and answer questions as needed. Guided Practice: Discuss and finish the Business Plans PPT and answer questions as needed. Objective: Students will work with a partner to create a business for the school or community and will research the necessary information needed to complete the project in PowerPoint. Students will present the PowerPoint to the class. Independent Practice: Students will fill in the Business Plans Notes Handouts. Independent Practice: Students will fill in the Business Plans Notes Handouts. Grade: Teacher Observation Grade: Teacher Observation Closure: Review today and preview tomorrow. Closure: Review today and preview tomorrow. Materials: Business Plans PPT and Notes Handouts Materials: Business Plan PPT and Notes Handouts Bellringer: Week 5 #25 Objective: Students will be introduced to the different types of business ownership and will learn about the various forms of liability a company is responsible for. Guided Practice: Discuss and present the Types of Business Ownership PPT and answer questions as needed. Independent Practice: Students will fill in the Types of Business Ownership Graphic Organizer and will complete the Types of Business Ownership Matching Activity. Guided Practice: Discuss Steve Jobs and the impact that he had on the business world and show the documentary (approximately 40 minutes). Independent Practice: Students will complete the handout that goes with the documentary. Grade: Types of Business Ownership Matching Activity Grade: Steve Jobs Handout Closure: Review today and preview tomorrow. Closure: Review today and preview tomorrow. Materials: Types of Business Ownership PPT, Graphic Organizer, and Matching Activity Materials: Documentary, handouts, computer, speakers, and projector. Guided Practice: Discuss the Creating a Business project and the components needed to complete the project. Students will be assigned their partner and will begin working on the assignment. Independent Practice: Students will work with their partner on the Creating a Business Activity. Grade: Presentation of Creating a Business Closure: Review today and preview tomorrow. Materials: Creating a Business Activity Handouts and list of assigned partners and computers 3 BMA-IBT-7 Understanding Entrepreneurship Unit Day 11 Bellringer/Warm-up Essential Question: What type of business did you choose to create? Day 12 Day 13 Day 14 Day 15 Bellringer/Warm-up Essential Question: What is a franchise? Bellringer/Warm-up Essential Question: What is a partnership? Bellringer/Warm-up Essential Question: What is a sole proprietorship? Bellringer/Warm-up Essential Question: What is a corporation? Journal Topic: #1 Journal Topic: #2 Journal Topic: #3 Journal Topic: #4 Objective: Students will work with a partner to create a business for the school or community and will research the necessary information needed to complete the project in PowerPoint. Students will present the PowerPoint to the class. Objective: Students will begin presenting their business they have created to the class and will utilize good business related skills and professionalism in the presentation of the project. Objective: Students will continue presenting their business they have created to the class and will utilize good business related skills and professionalism in the presentation of the project. Objective: Students will finish presenting their business they have created to the class and will utilize good business related skills and professionalism in the presentation of the project. Guided Practice: Briefly discuss the do’s and don’ts of giving a good presentation. Let the students know that lack of preparation, spelling and grammar, and lack of professionalism will result in a deduction of points. Guided Practice: Briefly discuss the do’s and don’ts of giving a good presentation. Let the students know that lack of preparation, spelling and grammar, and lack of professionalism will result in a deduction of points. Guided Practice: Briefly discuss the do’s and don’ts of giving a good presentation. Let the students know that lack of preparation, spelling and grammar, and lack of professionalism will result in a deduction of points. Independent Practice: Presentation of Creating a Business Project Independent Practice: Presentation of Creating a Business Project Grade: Creating a Business Project (used as the assessment for the unit – test grade) Grade: Creating a Business Project (used as the assessment for the unit – test grade) Independent Practice: Presentation of Creating a Business Project (If needed to fill in the rest of the period, use TypingWeb) Closure: Review today and preview tomorrow. Closure: Review today and preview tomorrow. Materials: Projector, computer, and Creating a Business Presentation Materials: Projector, computer, and Creating a Business Presentation Bellringer: Week 6 #30 Objective: Students will work with a partner to create a business for the school or community and will research the necessary information needed to complete the project in PowerPoint. Students will present the PowerPoint to the class. Guided Practice: Discuss the Creating a Business project and the components needed to complete the project. Independent Practice: Students will continue to work with their partner on the Creating a Business Activity. Grade: Presentation of Creating a Business Closure: Review today and preview tomorrow. Materials: Creating a Business Activity Handouts and computers Guided Practice: Briefly discuss the do’s and don’ts of giving a good presentation. Let the students know that lack of preparation, spelling and grammar, and lack of professionalism will result in a deduction of points. Assign an order to present to the class (can using Random.org) Independent Practice: Students will finish working with their partner on the Creating a Business Activity and will practice for their presentation. Grade: Presentation of Creating a Business Closure: Review today and preview tomorrow. Materials: Creating a Business Activity Handouts and order of presenters 4 Grade: Creating a Business Project (used as the assessment for the unit – test grade) Closure: Review today and preview tomorrow. Materials: Projector, computer, and Creating a Business Presentation BMA-IBT-7 Understanding Entrepreneurship Unit Resources: Intro to Entrepreneurship PowerPoint Intro to Entrepreneurship Notes Handouts What Makes a Successful Entrepreneur Activity Daddy Day Care Movie Daddy Day Care Activity Sheet ABCs of Entrepreneurship Activity Types of Business Ownership PowerPoint Types of Business Ownership Graphic Organizer Types of Business Ownership Matching Activity iGenius: How Steve Jobs Changed the World – Discovery Channel Documentary (Disc) iGenius: How Steve Jobs Changed the World Notes Handout Business Plans PowerPoint Business Plans Notes Handouts Creating a Business Handouts with Rubric **Use http://www.random.org to generate random list for partners and/or the order of presenters 5