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 |