Could You Start a Business?
This lesson plan will teach high school students the importance of financial management for a small business. It will help students learn the concepts of business costs, positive cash flow, credit and proper financial management with running a business. Students will learn the tools for basic financial analysis and will investigate why the business in the video segments was not successful. As an extension activity, they can brainstorm ideas for a new business model, given what they have learned about the financial needs of a new business.