1 / 9

Do Now: Starting a Business

Explore the types of business organizations - franchise, cooperative, nonprofit - and learn their unique features and benefits for entrepreneurs. Understand the risks and rewards of entrepreneurship to be prepared for starting a business successfully.

catherinee
Download Presentation

Do Now: Starting a Business

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Do Now: Starting a Business • Answer the following in 3-5 complete sentences • Based on your notes from last week and your entrepreneur research – what does it take to start a business?

  2. Do Now: Entrepreneurship Answer the following in 3-5 complete sentences: • What are some risks and rewards of entrepreneurship?

  3. Announcement • Notebook Check on Friday!

  4. Business Organizations Objective: Describe three types of business organizations

  5. 3 Types of Business organizations • Business franchise: An organization in which a parent company (franchiser) grants to an independent business owner (franchisee) the exclusive right to use its trade name and sell its product

  6. 3 Types of Business organizations • Cooperative: An organization that is owned and operated by a group of individuals for their shared benefit

  7. 3 Types of Business organizations • Nonprofit organization: An organization that functions like a business but does not operate to make a profit.

  8. Illustrated Dictionary • Create an illustrated dictionary entry for each of these terms: business franchise, cooperative, nonprofit organization. • For each dictionary entry, • create a symbol or an icon to represent the term. • write a definition of the term in your own words. • write a sentence using the term. • provide an example for the term. • explain why entrepreneurs might choose this model of business organization.

  9. Entrepreneur Project • Finish your project • Turn it in by the end of the period! • mbutera@sjusd.org

More Related