21st Century Business Series: Entrepreneurship:2nd (Second) by Cynthia L. Greene

By Cynthia L. Greene

The twenty first CENTURY company sequence is an leading edge educational application offering teachers with the best flexibility to convey enterprise content material utilizing a modular layout. teachers can create their very own company classes through combining numerous Learner publications within the sequence to shape one-semester or two-semester classes. the person Learner publications is also used as improvements to extra conventional enterprise classes or to tailor new classes to fulfill rising wishes. The layout and content material of every Learner advisor within the twenty first CENTURY company sequence is attractive but effortless for college kids to take advantage of. The content material specializes in supplying possibilities for making use of twenty first abilities whereas permitting cutting edge studying tools that combine using supportive expertise and artistic challenge fixing methods in modern-day enterprise international. The ENTREPRENEURSHIP LEARNER advisor covers modern such a lot appropriate enterprise themes together with the function of entrepreneurship within the international fiscal restoration. details on advertising features to mirror the most recent advertising criteria pointed out by way of the promoting schooling source middle is incorporated in addition to topical facts on how you can behavior learn and the $64000 price of study as part of entrepreneurship.

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Colonel Sanders of KFC fame is a good example. He held many jobs and owned a motel chain, service stations, and other restaurants that were unsuccessful. Eventually, he developed his secret recipe chicken. In 1952, at the age of 62, he began traveling by car across the country selling his chicken. By 1964, there were 600 KFC restaurants in the United States and Canada, and Colonel Sanders sold KFC for $2 million. CheckPOINT How can you improve your problem-solving skills? 26 Chapter 1 • SHOULD YOU BECOME AN ENTREPRENEUR?

Tax returns of the business owner for the past three years • Personal financial statement of the owner • Copy of proposed lease or purchase agreement for the building space • Copy of business licenses and other legal documents • Copy of resume of the owner • Letters of recommendation • Copies of letters of intent from suppliers • Copies of any large sales contracts you have already negotiated Your business plan is your best opportunity to let other people know what you want to do with your company.

11. Why are entrepreneurial companies important to our economy? 12. What are the eight characteristics of a successful entrepreneur? 13. Name four different kinds of entrepreneurial businesses and describe what each produces. 14. Why is it important for a beginning entrepreneur to perform a personal assessment? 15. Why should entrepreneurs take past experiences into account when deciding to start their own business? Assessment 29 16. Why is it important to have an aptitude for the business you decide to own?

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