About This Chapter
Below is a sample breakdown of the Entrepreneurship and Small Business chapter into a 5-day school week. Based on the pace of your course, you may need to adapt the lesson plan to fit your needs.
|Day||Topics||Key Terms and Concepts Covered|
|Monday||What is an entrepreneur? I||A look at the risks involved in starting a small business and the skills that are necessary|
|Tuesday||What is an entrepreneur? II||The challenges of business ownership, different kinds of small businesses, and the qualities of entrepreneurs who succeed|
|Wednesday||Small business in the American economy||A summary of why some businesses fail and others are dominant|
|Thursday||Managing a small business||The financial and accounting operations of small businesses|
|Friday||Small business in a global market||The expansion of small businesses|
1. What is an Entrepreneur? - Definition, Characteristics & Examples
Entrepreneurship is an important engine of growth in the economy. In this lesson, you'll learn about what an entrepreneur is and the key characteristics and skills that a successful entrepreneur possesses. Some examples of entrepreneurs will also be given.
2. Small Business in the American Economy
Nearly every business starts 'small.' In this lesson, you'll learn how a small business is defined, some characteristics of a small business, and the importance of them in the economy. You'll also learn why some small businesses fail.
3. Managing a Small Business
Small businesses are an important engine of growth in an economy. In this lesson, you'll learn about some key areas of small business ownership that an owner should master to be successful. A short quiz follows.
4. Small Business in a Global Market
As the world moves closer to a global economy, more small businesses will look to expand into international markets. In this lesson, you'll learn about some of the advantages and disadvantages that small businesses face in a global market.
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Other chapters within the Intro to Business Syllabus Resource & Lesson Plans course
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- Accounting Basics Lesson Plans
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