Day 31

After studying Lesson 6-3, you will be able to:

  1. Recognize important factors to be considered when starting a business.
  2. Describe the elements of a business plan.
  3. Identify types and sources of financing for a small business.

Assignment 6.3.1

  1. Obtain a copy of the notes handout.
  2. Read Lesson 6-3 on pages 136-141.
  3. As you read, utilize this presentation to help you fill in the missing parts on the handout.

Assignment 6.3.2

  1. Lesson 6-3 Assessment

Assignment 6.3.3

  1. Create a new Google Document titled Business Plan-(Your Initials) and place it in your Chapter 6 folder.
  2. Locate an outline for a business plan on the Internet.  Compare the sections of the plan you found with those in Figure 6-4, page 138.  
  3. In your document, develop a final outline using both resources.  Then write a two-sentence statement for each section of the outline describing why that section is important to a successful small business.