Lecture :: Curriculum

Small Business Ownership & Management Model

Units:

Orientation
Employment Portfolio
- Job Applications
- Letter of Introduction or Cover Letters
- Letters of recommendation
- Job Interviews
- Preparing for Competitive Events: The Job Application and Interview Event
- Resume writing for High School Students
Communication Skills
Career Opportunities
- Do You Really Want To Be.......
Determining Potential as an Entrepreneur
- Discover Your Potential
Economics Related to a Small Business
- Demand in the Market Place
- Recognizing Economic Systems
Developing a Business Plan
- Reconnaissance of a Similar Business
- The Business of Sharing
- Creating Your Business Plan
- Business Plan Part 1 -The Contemporary Business Environment
- Business Plan Part 2 - The Business of Managing
- Business Plan Part 3 - People and Organizations
  - Ice Breaker - Job Description
  - Job Description
Choosing the Type of Ownership
- Multiple-Entities Business Structure
- 3 Types of Business Structures, Which is Best?
- Exploring Business Structures. Which one is right for you??
Marketing Fundamentals
- Market Analysis
- 5 P's and 7 P's of the Marketing Mix
Business Ethics
- Social Responsibility and Ethics
Choosing Business Location
- If You Build It Ray, Will They Come?
Financing the Business
- Attracting Equity Investors
- Start-up costs, operating costs, and personal expenses in business plan.
Managing the Finances
- Common Invoice Terms
- Managing Your Finances - Buying a Car
- Determining Financing for Purchases
Managing the Business
- How to Manage a Business
Human Resources
- Employee Goal Setting
- Creating The Employee Handbook
- Company Organization and Hierarchy Charts
- Develop policies and procedures for handling employee problems
- Performance Reviews
- Designing a Newspaper Advertisement
- Project Planning Management
- Business Management - Workplace Conflict Management
- Business Management - Writing a Basic Business Plan Executive Summary
Promoting the Business
- Advertising and Its Affects on Consumer Decision Making
- Powerful Promotional Plan
Professional Selling
- Applying Maslow's Hierarchy of Needs to the Sales Process.
- Determining the Characteristics of a Good Salesman
- Identify the steps of the selling process.
- Demonstrating Effective Customer Service Skills
- Making Sustainable Consumption Choices
Dealing with Legal Issues
Risk Management
- What Could Go Wrong?
- Do NOT Cross The Line!
Technical Assistance and Support
- Management Resources
Leadership Skills Development
- Leadership In Action
Optional Skills for Advanced Learners
- Are You Ready or Not?

Lecture

Part of Lesson Plan: Common Invoice Terms

Activity Overview / Details

Discuss the concept of “terms” on the invoice. Explain that businesses use terms to encourage their clients to pay their bills early, as opposed to their bill from the phone company which does not give you that option.

Explain the format of the terms box on the invoice for example 2/10 net 30 and define the meaning and importance of each number. This is form is known as "ordinary terms"

Explain the importance of other information on the invoice such as “Gross Amount” and “Date” and the date that they received the merchandise and their relation to the terms and need for them in calculating the final discounted amount.