Week 17: December 11 - December 15, 2023 - Monday is Red
Week 17: December 11 - December 15, 2023
| Monday |
No Class
| Tuesday |
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:
- Profit and loss statements: summarizes the revenues, costs, and expenses incurred during a specified period, usually a quarter of fiscal year.
Discuss:
- Balance Sheets: a financial statement that covers revenue and expenses for a period of time.
- Understand the importance of sales and budget forecasting in business planning
Presentation: Financial Concepts and Tools Links to an external site.
In Class: Pro Forma Income Statement Links to an external site. and Pro Forma Balance Sheet Links to an external site.
Assignment: Business Plan
Slide show slides up to slide 4 (which is number 6 on the slide template).
After today you should have pages 3, 4, 5, 6, 7, 8, 9, 10, and 11 done.
| Wednesday |
No Class
| Thursday |
Todays Objectives:
Review:
- Balance Sheets: a financial statement that covers revenue and expenses for a period of time.
- Understand the importance of sales and budget forecasting in business planning
Discuss:
Management Principles:
Understand the role of management principles in an entrepreneurial venture.
- The importance of goal setting for an entrepreneurial venture (mission and vision statements).
Presentation: In Class
Vision Statements Links to an external site.
Grit Links to an external site.
Lecture Notes: Do in Class
Assignment: Business Plan
Slide show; have 6 of your slides done.
After today you should have pages 3, 4, 5, 6, 7, 8, 9, 10, 11 and 12 done.
| Friday - Early Release |
No Class
| Upcoming |
Week 18: January 01 - January 05, 2024 - Monday is No School
| Past Two Weeks |