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Entrepreneurship SAE. How are goals set for an entrepreneurship SAE?. SAE Program Goals: starting place for SAE define desired outcomes provide motivation Scope: number of animals, acres, bushels, etc. efficiency factors (bu/acre) hours of work.
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How are goals set for an entrepreneurship SAE? • SAE Program Goals: • starting place for SAE • define desired outcomes • provide motivation • Scope: • number of animals, acres, bushels, etc. • efficiency factors (bu/acre) • hours of work
How are goals set for an entrepreneurship SAE? • Involvement • tasks to be performed by who? • competencies to be developed • Awards • FFA Degrees, Proficiency awards • Long-Range SAE goals • road map • identify ways to expand • identify assistance needed • measure of success
How are entrepreneurship SAE programs started? • Careful Planning • Site of SAE • People involved • Financial arrangements • Record keeping • Materials, services, labor contributions • Timetable
How is an entrepreneurship SAE planned? • Budget • Anticipated Income & Expenses • Financing • How much, where? • Keeping Records • What kind of records, how? • Selecting animals, crops etc.
Why are SAE records so important? • Record keeping is a life-long skill • Show progress or lack of • Aid in future planning • Acquiring credit • Decision making • Income taxes • REQUIRED for degrees and awards