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Guide To Running a Business Plan Competition

Teacher Materials Preview

Brainstorming an Idea

• Business Plan PowerPoint Presentation (.ppt)
  ("What is a Business Plan" and "Why Entrepreneurs Write Business Plans")
• Brainstorming Business Ideas Activity - Hobbies, Skills, & Interests
• Brainstorming Business Ideas Activity - Questions to Help Get Started
• Describing Your Business Idea Activity - Analysis of an idea
• BizIdeas - List of business ideas

Evaluating Your Idea

• Evaluating Entrepreneurial Opportunities Activity - Value, Market Potential, Team, Profit Potential
• Identifying Strong Attributes of an Opportunity Activity - Customer Savings, Solves Problem, Convenience, Creates Market Barrier, Big Upside/Low Downside

Marketing and Market Research

• Brainstorming: Getting the "Feel" of your Business Activity - Brainstorming Name and Slogan
• Market Research Survey Activity - Customers' perceptions about your business idea
• Analyzing the Market Activity - List of questions helping students identify their customer and target market
• Competitive Matrix- Comparing your business to the competition

Finance

• Sample Cash Flow and Income Statement (Advanced) (.xls)
• Cash Flow and Income Statement Activity (Advanced) - problem and solution (.xls)