Week 16: December 04 - December 08, 2023 - Monday is White

Week 16: December 04 - December 08, 2023

Monday

Todays Objectives:

Financial Concepts and Tools

Understand financial concepts and tools used by entrepreneurs in making business decisions.

Examine financial concepts and types of funding used to operate a business

Review:

    • Lines of Credit: a form of flexible, direct loan between a financial institution - usually a bank - and an individual or business
    • Small business loan: Gives you access to capital so you can invest it into your business.  The funds can be used for many different purposes including working capital or improvements.
    • SBA: Small Business Administration

Discuss:

Understand how entrepreneurs utilize business records

Define Pro-Forma Projected revenue and sources of revenue

  • Identify and explain common financial statements
    • Income Statements: a financial statement that analyzes the assets, liabilities, and equity of a business

Presentation: In Class

Lecture Notes: Do in Class

Assignment: Business Plan

After today you should have pages 5, 6, 7, 8, 9 and 10 done.

Tuesday

No Class

Wednesday

Todays Objectives:

Financial Concepts and Tools

Understand financial concepts and tools used by entrepreneurs in making business decisions.

Examine financial concepts and types of funding used to operate a business

Review:

Understand how entrepreneurs utilize business records

Define Pro-Forma Projected revenue and sources of revenue

  • Identify and explain common financial statements
    • Income Statements: a financial statement that analyzes the assets, liabilities, and equity of a business

Discuss:

  • Profit and loss statements: summarizes the revenues, costs, and expenses incurred during a specified period, usually a quarter of fiscal year.

Presentation:  In Class

Lecture Notes: Do in Class

Assignment: Business Plan

After today you should have pages 5, 6, 7, 8, 9, 10 and 11 done.

Thursday

No Class

Friday - Early Release

Todays Objectives:

You will be working on page 3 from the written portion and start making your slide show from the template in the Business Plan Assignment.  

Assignment: Business Plan

After today you should have pages 3, 5, 6, 7, 8, 9, 10 and 11 done.

Upcoming

Week 17: December 11 - December 15, 2023 - Monday is Red

Week 14: November 20 - November 24, 2023 - Monday is Red

Past Two Weeks

Week 15: November 27 - December 01, 2023 - Monday is Red