Unit 1 Exam
Remember to turn in the Review sheet from last class as that is part of your exam points.
Thursday, February 27, 2020
Tuesday, February 25, 2020
Tuesday/Wednesday February 25-26
See me to get the Mandatory Review Sheet (This sheet is part of the exam)
Personal Finance Unit 1 Exam Review
Things to know:
Business Plan: Be able to list some features of a business plan (important things that need to be included)
Sole Proprietorships: Structure of Sole Proprietorships. Strengths and weaknesses
Partnerships: Difference between General Partnerships and Limited Partnerships. Strengths and weaknesses, be able to describe scenarios for each.
LLCs- Why do we create them? What do they do?
Corporations: Why would businesses incorporate. Strengths and weaknesses. Steps involved in creating
Entrepreneurship: Why is it a valuable asset to a capitalistic society?
Rich Dad Poor Dad: 1st half of Chapter 1 Lessons
Factors of Production- Explain and give examples
Scarcity and Shortage- Explain the difference and give examples
Business Plan: Be able to list some features of a business plan (important things that need to be included)
Sole Proprietorships: Structure of Sole Proprietorships. Strengths and weaknesses
Partnerships: Difference between General Partnerships and Limited Partnerships. Strengths and weaknesses, be able to describe scenarios for each.
LLCs- Why do we create them? What do they do?
Corporations: Why would businesses incorporate. Strengths and weaknesses. Steps involved in creating
Entrepreneurship: Why is it a valuable asset to a capitalistic society?
Rich Dad Poor Dad: 1st half of Chapter 1 Lessons
Factors of Production- Explain and give examples
Scarcity and Shortage- Explain the difference and give examples
Monday, February 24, 2020
Monday, February 24
Rich Dad Poor Dad Chapter 1 (pp 25-41) and complete discussion prompts in google class and turn in
Thursday, February 20, 2020
Thursday/Friday February 20-21
Business Organization Questions (Google Class)
Rich Dad Poor Dad Chapter 1 Reading and Questions (Google Class)
Stop reading on Page 25. We will read the first half of chapter 1 this week and the rest of chapter 1 next week!
Rich Dad Poor Dad Chapter 1 Reading and Questions (Google Class)
Stop reading on Page 25. We will read the first half of chapter 1 this week and the rest of chapter 1 next week!
Tuesday, February 18, 2020
Tuesday/Wednesday February 18-19
Introduction to Business Organization
Business Organizations Notes
Business Organization Questions (Google Class)
Business Organizations Notes
Business Organization Questions (Google Class)
Thursday, February 13, 2020
Monday, February 10, 2020
Monday, February 10
Finish and turn in Business Plan.
Next class we will work on the presentation portion of the Shark Tank Activity and present Thursday/Friday
Next class we will work on the presentation portion of the Shark Tank Activity and present Thursday/Friday
Thursday, February 6, 2020
Thursday/Friday February 6-7
Intro to Business Plan Powerpoint Notes: Business Plan Power Point
Partnered up and began Business Plan preparation in Google Class
Business Plan will be due by end of class on Monday. We will continue our Shark Tank Ideas/presentation preparation Tuesday and present to the class next Thursday/Friday!
Tuesday, February 4, 2020
Tuesday/Wednesday February 4-5
Finished Web Entrepreneur Article
Discussed products that have been unlikely successes
Watched Shark Tank Pitch- Click Here to Watch
*Take notes as you watch the pitch/Shark responses.
*Things to pay attention to: Business idea, good and bad about the pitch, their attire, visuals, packaging, personality, Shark responses, offers/counter offers
Complete Shark Tank Activity in Google Classroom
Discussed products that have been unlikely successes
Watched Shark Tank Pitch- Click Here to Watch
*Take notes as you watch the pitch/Shark responses.
*Things to pay attention to: Business idea, good and bad about the pitch, their attire, visuals, packaging, personality, Shark responses, offers/counter offers
Complete Shark Tank Activity in Google Classroom
Monday, February 3, 2020
Monday, February 3
Finished Goal Setting Activity
Look at our 15 goals to achieve by the age of 25! For each goal, write down one thing you are currently doing in your life (or should be doing) to work toward achieving that goal. You will have 15 actionable examples (1 for each goal)
Look at our 15 goals to achieve by the age of 25! For each goal, write down one thing you are currently doing in your life (or should be doing) to work toward achieving that goal. You will have 15 actionable examples (1 for each goal)
Assignment: Entrepreneur Web Article- Charting the Text
When you are done reading, summarize each of the sections in your words in the attached Google Doc in Google Classroom. When summarizing, think about the Who, What, Why, How. Who is the article about? What is the business they are doing? Why did they decide to create this business? How are they doing? (making money? Expanding? Failing?)
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