Introduction to Business Plan Writing

Educator Name: Cindy Olson

School District: Tuscola ISD

Grade Level(s):

Pathway/Cluster (Check all that apply:)

_____Arts and Communications Pathway

                _____Arts, A/V Technology & Communication Cluster

___X__Business, Management, Marketing and Technology Pathway

                ___x__Business, Management, & Administration Cluster

                ___X__Finance Cluster

                _____Hospitality and Tourism Cluster

                __x___Information and Technology Cluster

                ____x_Marketing, Sales and Service Cluster

_____Engineering/Manufacturing and Industrial Technology Pathway

                _____Architecture & Construction Cluster

                _____Manufacturing Cluster

                _____Transportation Distribution and Logistics Cluster

                _____Science, Technology and Mathematics Cluster

_____Health Sciences Pathway

                _____Health Science Cluster

_____Human Services Pathway

                _____Education and Training Cluster

                _____Human Service Cluster

                _____Law, Public Safety, Corrections and Security Cluster

                _____Government and Public Administration Cluster

_____Natural Resources and Agriscience Pathway

                _____Agriculture, Food, and Natural Resources Cluster

Lesson Title: Introduction to Business Plan Writing

Learning Objectives:  This assignment will take most students four to six weeks to complete but can be adjusted to fit individual needs. Upon completion students will complete a working business plan that can be created alone or in groups.  Students wishing to become sole proprietors should work alone, while others considering partnerships and corporations should work in groups with one to three participants.

Skills Met: This lesson plan is in line with Marketing Education Resource Standards where several performance indicators are met.  Additionally, the lesson also is line with core academics. 

• English Language Arts – Students will work to complete a polished plan that will require extensive research and revision.  The entire process will require many drafts.  Instructors should meet with students one on one and suggest spelling and grammar changes until the work is of professional quality.  Students will also place their finished work into a PowerPoint project that they will deliver to the class where they will demonstrate professional literacy and communication skills.
• Math – Students will learn about pricing, markup, and advanced financial statements such as income statements, balance sheets, and cash flow.  One requirement will be to complete a working 3 month income statement.

Each section of the lesson plan includes performance indicators and specific assignments that students must master before completing each written section of the business plan.

This is an excellent assignment which will help students to understand the work that goes into a business plan.  Only professional quality work will be accepted.

Time Required: Four to six weeks to complete entire plan.  Each section should be broken down as it appears in the lesson plan.

Materials Needed: Computer with Microsoft Office and Internet.

Resources Needed: Marketing Education Laps

Instructions: Each section of the lesson plan includes performance indicators and specific assignments that students must master before completing each written section of the business plan.