| Monday | Tuesday | Wednesday | Thursday | Friday | |
| March 28, 2011 | March 29, 2011 | March 30, 2011 | March 31, 2011 | April 1, 2011 | |
| Standard | Cesar Chavez Day No School |
Students understand the key different types of business ownership and the advantages and disadvantages of owning and managing a small business. |
Students understand the key different types of business ownership and the advantages and disadvantages of owning and managing a small business. |
Students understand the key different types of business ownership and the advantages and disadvantages of owning and managing a small business. |
Students understand the key different types of business ownership and the advantages and disadvantages of owning and managing a small business. |
| Objective | IWBAT name the different types of business ownership. | IWBAT explain the advantages and disadvantages of different types of business ownership. | IWBAT compare franchise ownership to other types of business ownership. | IWBAT explain the difference between a producer, processor, manufacturer, intermediary and a service type business. | |
| Why It's Important | You need to understand business ownerships and operations before starting a business. | ||||
| Opener | Describe a small business that you know of; do you know the owner of the small business? Could they advise you about the operations of a small business? | Look at figure 6.1 on page 86 of the text book and respond to the question; What percentage of families have had their family-owned businesses for two or more generations? | If you knew nothing about business, why would it be attractive to operate a franchise business? Name a franchise business you would be interested in operating. | Give three examples of raw goods. Give three examples of processed goods. | |
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