ENTREPRENEURSHIP - Tip #6: "Start Up Costs & Financing Your Business"

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ENTREPRENEURSHIP - Tip #6: "Start Up Costs & Financing Your Business" includes information on the costs of getting started in a business (with suggestions for possible expenses to consider), how to finance the business, where to go for loans and the process for getting a loan, how to start up a business with little money, and how to choose vendors. We offer fill-in forms in our store for every tip/chapter should you wish to purchase it. This Tip (Chapter) is also included in the affordable "12 Tips" BUNDLE booklet which is also available here in our store on TpT.

This Tip includes a comprehensive overview of an entrepreneurs start-up costs and financing a business. Start-up cost estimates consist of three parts: Fixed assets list (furniture, equipment, and fixtures), Expenses prior to opening (purchases on beginning inventory, insurance, advertising, licenses, promotion, supplies), and Working capital (cushion of money needed in case sales don’t happen as quickly as planned). Finding money to launch and maintain your business is critical to your success. Your personal money is one of the most important money sources. Other financial sources discussed are: equity financing, silent partner, debt financing, venture capitalists, and the Small Business Administration. This Tip presents the loan application process, starting a business with little money, and more.

What? I need money to start a business? How much money do I have to have? Where do I go for a loan? How’s my credit? Mom? Dad? Anyone out there?

As a new business owner, you need to determine what it will cost to start up your business and how you are going to finance the start-up costs. What other hidden costs could you encounter as you set up your business and hopefully be profitable? In Tip #6, you will learn how to calculate your start-up costs and look at your options for financing your business.

DURATION: The amount of time spent in teaching each component of the "12 Tips" booklet (including the worksheets) depends upon how the teacher intends to incorporate this resource into their coursework, whether or not they are using only certain segments of the complete "12 Tips" booklet (the BUNDLED version), the ages/grades of their students, and the amount of time they have available. Three to four weeks for the BUNDLED version (when used as the primary source) is not unreasonable.


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ARE YOU LOOKING FOR A "REAL BARGAIN?" NEED TO SAVE YOUR MONEY? Then, this is it! It is called "12 TIPS FOR THE ASPIRING ENTREPRENEUR!!!" We have only 4 of these printed editions left so, ..... when "They're Gone - They're Gone!" Before purchasing this digital version, you may want to consider purchasing a professionally-printed HARD COPY of this manual at a tremendously reduced rate. A CD is included which contains all of the worksheets - teachers say it is worth its weight in gold! We do not offer CD's on any of our digital versions. The price is $32.95 (shipping included). To order, go to our Education Get Real website - http://www.educationgetreal.com/, CONTACT US, and fill in your information. It is that easy . . . FIRST COME ----- FIRST SERVE!!!

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Listed below are links to the other instructional parts, which may be of interest to you. Click the item to open the link in a new window

ENTREPRENEURSHIP - "12 Tips" for the Aspiring Entrepreneur BUNDLE - This BUNDLE includes all 12 Tips. Save approximately 30% off the price by purchasing the "12 TIPS" for the Aspiring Entrepreneur BUNDLE (all 12 Tips in one booklet.

ENTREPRENEURSHIP - Tip #1: "Think & Act Like an Entrepreneur"

ENTREPRENEURSHIP - Tip #2: "Set Goals"

ENTREPRENEURSHIP - Tip #3: "Business Ownership"

ENTREPRENEURSHIP - Tip #4: "Market Research"

ENTREPRENEURSHIP - Tip #5: "Write a Business Plan"

ENTREPRENEURSHIP - Tip #6: "Start Up Costs & Financing Your Business"

ENTREPRENEURSHIP - Tip #7: "Operating Procedures"

ENTREPRENEURSHIP - Tip #8: "Financial Management"

ENTREPRENEURSHIP - Tip #9: "Marketing the Business"

ENTREPRENEURSHIP - Tip #10: "Using the Web"

ENTREPRENEURSHIP - Tip #11: "Networking & Professional Organizations"

ENTREPRENEURSHIP - Tip #12: "Next Steps . . ."

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FOR YOUR INFORMATION:


If you wish to establish a more comprehensive in-school entrepreneurial program for the students in your school, two outstanding resources that tie in very well with “12 Tips” for the Aspiring Entrepreneur are MBA: Get Real!!! Part I and MBA: Get Real!!! Part II. These manuals are "TURN KEY" and all-inclusive (teacher information and instructional tools, steps for implementation, rubrics, timeline, standards addressed, samples, student handouts, etc. - EVERYTHING you need for implementation). They are available here on this TpT website. Please check out these two resource for yourself and G-R-O-W your program.

If you would like to communicate directly with us, we invite you to contact us on our website at www.educationgetreal.com and complete the form. We also produce a company newsletter so you may sign up for that on our website as well. Check us out – our EGR “Materials are Created BY Teachers FOR Teachers!"


© EDUCATION: GET REAL!!! materials are copyrighted and most are certified by the Library of Congress (of which this is one). Each individual purchaser is granted permission to copy the materials for their own instructional use only. Redistributing, sharing, editing, selling, or posting this item or any part thereof on the Internet or other digital means are strictly prohibited. Violations are subject to the penalties of the Digital Millennium Copyright Act.

ATTENTION PURCHASERS: Printing permitted -- for best results use a high resolution printer. Notify us through FAQS if you experience technical issues -- we aim to please!

Keywords: entrepreneur, entrepreneurship, goal setting, business ownership, start a business, market research, business plan, start-up costs, financing, finance, marketing, market research, goals, standard operating procedures, financial management, using the web, networking, professional organizations, mock interviews, interviews, assessment, rubrics, teacher resource, instructional, student business, implementation, real world, get real, interdisciplinary, integration, diversity, customers, skills, job skills, communication, oral communication, verbal, non-verbal, secondary, home school, CTE, mathematics, social studies, economics, economy, technology, taxes, budget, financial goals, financial plan, profit, money, cash, credit, APR, Education Get Real, EGR.

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Total Pages
14
Answer Key
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Teaching Duration
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ENTREPRENEURSHIP - Tip #6: "Start Up Costs & Financing You
ENTREPRENEURSHIP - Tip #6: "Start Up Costs & Financing You
ENTREPRENEURSHIP - Tip #6: "Start Up Costs & Financing You
ENTREPRENEURSHIP - Tip #6: "Start Up Costs & Financing You
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