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The business plan is a tool to help you find and explore opportunities. Students at any level of education can use the concept of preparing a business plan as a method of exploring all kinds of ideas for starting a business. It is merely a series of questions that lead you to think about the requirements and the possibilities of any kind of business. Until you start to ask these questions, you aren't able to visualize the details necessary to be successful in a business. There are many different approaches to writing a business plan, some more complex than others. But the basic components of a business plan can be organized as follows: • providing a description of the business, • choosing the best marketing strategy, • identifying the management plan, and • analyzing the finances needed to start the business and make it successful. The activity supports the Entrepreneurship Content Standards/Performance Indicators as follows: • A.31 Use creativity in business activities/decisions, • D.03 Use proper grammar and vocabulary, • D.09 Explain the nature of written communications, • D.11 Write informational messages, • D.13 Write persuasive messages, • E.02 Apply basic commands of operating system software, • E.16 Operate computer-related hardware peripherals, • K.09 Demonstrate writing/publishing applications, • K.15 Select sources of business start-up information, • K16 Conduct an environmental scan to obtain marketing information, • O.09 Develop business plan This resource is part of the Entrepreneurship Learning Activities collection.


  • Career & Technical Education > General
  • Career & Technical Education > Business
  • Career & Technical Education > Careers
  • Career & Technical Education > Technology
  • Educational Technology > General
  • Educational Technology > Careers
  • Educational Technology > Integrating Technology into the Classroom
  • Language Arts > General
  • Language Arts > Careers
  • Language Arts > Reading Comprehension
  • Language Arts > Writing
  • Social Studies > General
  • Social Studies > Careers
  • Social Studies > Economics
  • Social Studies > Technology

Education Levels:

  • Grade 9
  • Grade 10
  • Grade 11
  • Grade 12
  • Higher Education
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'P' - This is a trusted Partner resource
'P' - This is a trusted Partner resource
Janet Pinto
January 29, 2016
John Simpson
March 9, 2014
A very nice pleasant reading article, and it is just what I was looking for my Russian teenage students. They need something a bit more interesting than the boring English…
Subbaram Ranganathan Aiyar
October 10, 2013
Good material and simple to understand and explore...all the best Prof Subbaram Ranganathan Aiyar Coimbatore-India
JWiechelman WiechelmanJ
June 7, 2009
This is a very helpful and interesting article for high school students. More and more business students and social studies students are becoming interested in entrepreneurship. Successful entrepreneurship requires a…

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