Organization and Finance Section
Anticipatory Set (10
min)
The instructor will write a question on the board that
states “If you needed money to start a business, where would you look?” The instructor will ask the students to take
2 minutes and think about words to describe the product. The instructor will ask the students to
answer and place the answers on the board.
Direct Instruction
(10 min)
The instructor will ask the students to take out their
business plan directions simultaneously showing them on the projector. The instructor will discuss the necessary
elements to complete the Organization and Finance Section for the Business
Plan. The instructor will ask if there
are any questions.
Guided Practice (30
min)
The instructor will assign the students in groups of
two. The instructor will provide each
group an index card that has the name of company and what they provide. For example, Joe’s Lawn Care providing
landscaping needs to small businesses.
The students will discuss what type of business organization the
business is (LLP, Sole Proprietorship, and Corporation) and where the
organization should look to get money or investment for the business. The students will write down their answers on
a separate piece of paper and submit it to the instructor. The instructor will ask each group to provide
their answers.
Modeling (5 min)
The instructor will take a business example and demonstrate
what type of business organization it is and where it should look for money.
Independent Practice (1
min)
The instructor will remind the students of the completion
date for the Organization and Finance Section of the Business Plan.
Checks for
Understanding
The students will submit the Organization and Finance
Section to the instructor on the specified date. The instructor will review the Organization
and Finance Section for errors or omissions and meet with each individual or
group to discuss changes for the final version.