The resource has been added to your collection
Writing a business plan is often a daunting experience for young entrepreneurs. The following activity is not only a hands-on way to introduce writing a basic business plan, it also builds creative problem solving and teamwork skills. THE OUT OF THE BOX FACTORY activity has been used with all ages, from third graders to adults. <p/> Intended outcomes The student will: • Have the opportunity to meet others in the group and practice team skills • Practice critical thinking and creative problem solving skills • Practice decision-making skills • Learn the components of a basic business plan • Plan and present a commercial • Learn the components of a basic advertisement • Apply different learning styles to complete a task<p/> The activity supports the Entrepreneurship Content Standards/Performance Indicators as follows: • A.06 Describe idea-generation methods, • B.07Lead others using positive statements, • B.08 Develop Team Spirit, • B.20 Develop an orientation to change, • B.25 Develop tolerance for ambiguity, • L.29 Select sales-promotion options, • O.09 Develop business plan<p/> <b><p>This resource is part of the <a href="http://www.curriki.org/xwiki/bin/view/Coll_Entrepreneurship1/EntrepreneurshipLearningActivities">Entrepreneurship Learning Activities</a> collection. </p></b></p>
This lesson is very user friendly and can be adapted for a variety of grades.