Fri Dec 18

Extra Dragons Den

Next go to the following website and play around and make a commercial for fun.  Feel free to send it to me.  

Bombay TV - Subtitle A Movie (http://www.grapheine.com/bombaytv/index.php?lang=uk)

Have a GREAT Holliday!!

Tue Dec 15

Dragon's Den

Preparing a Business Plan Part 5

Task One

You are to create a chart describing the 4 P's for your company

Task Two: Write a brief overview of your marketing plan.  How will you advertise, where, when?  What advertising strategies will you be using? The advice your marketing professional gave you will come in handy here.

Mon Dec 14

 Please read lesson 9.2 pgs.222-231

Please complete worksheet and questions 1 and 5 on page 231.  

Please let me know if you have not recieved a project from your Marketing Professional

Tue Dec 8

Dragons Den

Pursuit of Happyness questions

Talk about life goals and John Goddard

Now you are to think about your own life and future.  What are some of your goals?  What do you want to accomplish.  You are to make a list of life goals.  Try to be as complete as you can.  Nothing is too big or too small.  Here are some links to help you out.  

Link to list

http://www.johngoddard.info/life_list.htm

LInk to some sample goals to help you out.  

http://bucketlists.wetpaint.com/page/Popular+Life+Goals

Mon Dec 7

Sorry I am away today.  You will finish watching the Pursuit of Happyness.  

Fri Dec 4

Part 4 Due

Pursuit of Happyness.  

Mon- Thur

Time to work on Preparing a Business Plan part 4.

Fri Nov 27

Review, TEST on Monday,

Time for part 4

Thur Nov 26

Read 278-281

Define the following terms and then show them to Mr Southwell for completion marks.

Owner Equity

Revenue

Sales

Cost of goods

operating expenses

Cash flow statement

Net cash flow

the difference between positive and negative cash flow.  

Time to work on projects

Wed Nov 25

Please read lesson 7.3 in your textbook.  Pgs 171-175 and then answer question 1-5 on page 175.  You then have time to work on your projects.  

See you tomorrow,

Tue Nov 24

Dragon's Den

Time to work on your projects

Mon Nov 23

Define the following terms in your own words as a review from Friday's Class

Pro-Forma financial statements

start-up costs

operating expenses

assets

liabilities

depreciation

Next Read Section 7.2

Capital

debt capital

equity capital

venture capitalists

What are some reasons that banks would turn you down for a business loan?

When you finish, please show Mr. Southwest your work for completion marks and then you have time to work on your business plans.  

Fri Nov 22

Read Lesson 7.1 in your textbook and complete the worksheet on Finance.  We will then go over the worksheet as a class.

Next you will receive preparing a business plan part 4.  

Thur Nov 19

Dragon's Den

Fieldtrip Debrief discussion

Now you are to 'Comment' on this blog entry and share something that you experienced, learned, liked, disliked from the conference.  

This is Mr. Yung testing the comment section of Mr. Southwell's blog. If you do not have an account to log in as, please choose the Name/URL option from the "comment as" pulldown below. Please type in your name so Mr. Southwell and the rest of your class can see who you are

Wed Nov 18

For Students who DON'T attend the fieldtrip ONLY!

Please go to the following link and briefly summarize three of the exibitors/presenters at innovasion in your OWN words.  

http://innovasion.ca/?page_id=42#make

Tue Nov 17

When you are finished, please check out the following website, it has interesting information on how to save money and how to keep yourself out of dept.

www.feedthepig.org

1.  What are 3 financial tips that you learned?

2. Complete the "beat your brain" quiz.  What was your mark?

3. Go to the multimedia section and watch the three commercials.  What are the messages in each of the 3 videos.  

4. What are the messages on the radio ads?

5. Under the 'me save' section what category do you fit into?

6. Give three examples of how much money you can save by changing a purchasing habit.  

Mon Nov 16

Present Projects

Please read pgs 336-337 and answer ques 337 and hand in.  

Tue Nov 10

Today you have time to work on your projects DUE MONDAY

Mon Nov 9

Talk on business technology.

Assignment:  You are to use chapter 13 in your textbook and the internet to research how technology can help your business.  For this assignment you can look at how technology can help business in general, as well as your specific business.  (wireless printers, gps tracking of inventory, computer conferencing etc).

You are to create a powerpoint presentation highlighting how NEW technology can help business.  In other words, explain how a new technology can save time, money, space, or make life easier for business.  

Your powerpoint must touch on several different technologies, have a non-default background, include pictures, sound, and run automatically with proper timing.  

This assignment is to help teach you about new technology, increase your competitive edge, and help improve your proficiency with Microsoft Powerpoint.  

OUT OF:  30 Marks

Due Mon Nov 17

Thur Nov 5

Dragons Den

Please hand in Preparing a Business Plan Part 3

Next: Go to the following link and read the article on the future (it is several pages long) and answer the following questions?

http://www.macleans.ca/science/technology/article.jsp?content=20071008_110118_110118

1. According to the article, how will homes be different in the future?

2. As a young person what are some business oppourtunities that may exist for you because of changing home technology?

3. According to the article, how may cars be different in the next 10 years?

4. What's your opinion, do you think that these changes would be good/bad why/why not?

5. What are some of the changes predicted for the office?

6. How will entertainment change in the future?

7. Come up with at least 5 business oppourtunities that these changes may create for you?

When you are done, start researching technology that will present good business oppourtunities in the future.  You can start by looking at the Consumer Electronic Show for 2009.  Here is a link to a Youtube search.  

Wed Nov 4

Today you have time to work on your projects

If you are going to attend the fieldtrip on Wed November 18 you must REGISTER

Please Register at the following link:

http://innovasion.ca/?page_id=18

Tue Nov 3

Dragon's Den

Today we are going to talk with about dealing with difficult customers and how to deal with difficult situations.  

Time for projects

Mon Nov 2

Notes on warehousing, J.I.T. (just in time), inventory

Time to work on projects DUE THURSDAY!!

Fri Oct 30

Happy Halloween!

Today you will have time to work on your projects.  

Thur Oct 29

Sorry for being away again

I'll extend your late assingments deadline to MONDAY

Part 3 is DUE ON WEDNESDY

Wed Oct 28

Notes on Store Layouts

Today you will start part 3 of your assignment

Here is a another resource link to help you find a place to rent.  

http://www.colliersmn.com/prod/cclod.nsf/FeaturedListing/90CABEE8CAD2D15288256D4F00742943

Tue Oct 26

Sorry for being away today, we will watch Dragon's Den tomorrow.

First finish the work from yesterday,

NEXT, Please read lesson 8.3 in your textbook on obtaining space and making a store layout.  

Answer the following questions.  

1. What is a mortgage?

2. What is a lease?

Next please answer questions 2 and 4 on page 201

Mon Oct 26

Today we are going to look at the 3 most important things about your business, location, location, location.  

Discussion on options for location (location types)

NOTES: Agglomeration, big box retail,

Worksheet on location.

NEXT

Go to the following link and answer the questions

http://www.entrepreneur.com/startingabusiness/startupbasics/location/article21830.html

1. Briefly describe each of the 5 location types described and give two examples of businesses which would use that type of location.

NEXT go to the following link and choose THREE articles that interest you.  For EACH one answer the following questions.  

http://www.entrepreneur.com/startupbasics/location/archive116048.html

2. What are the main points of the article? (point form is acceptable)

3. After reading this article, summarize it into one or two sentences in the form of advice for a new and upcoming entrepreneur like yourself.

Thur Oct 22

Dragons Den,

Today we are going to carry on with conducting and taking interviews.

Go to the following Link and use it to answer the following questions

http://www.jobinterviewquestions.org/questions/interview-questions.asp

1. What are 3 types of illegal interview questions? How can you ask them and get away with it?

Read the 50 General interview questions.  

2.  List three things that you have learned by reading this list.

Once you've answered the questions, find a partner and take turns interviewing each other.  First decide a job that you will be interviewing for.  Then ask the person 5+ interview questions.  Let them know if you would hire them, and why or why not.  Then switch and the next person asks the questions while the other answers.  

PROJECTS DUE NOW!

Wed Oct 21

Today you are going to be looking at the Dragon's Den website.   Go to the following link and read

"Why you need a business plan" and then answer the questions

http://www.cbc.ca/dragonsden/2009/10/the-financial-roadmap-why-entrepreneurs-need-a-business-plan.html

1. What is a SWOT?

2. What are some the the things that a business plan should include?

3. Why is a business plan necessary?

Go to the following link and listen to "Why entrepreneurs need a business plan"  

http://www.kpmg.ca/en/services/enterprise/dragons_den.html

4. Summarize the advice after listening.  

You now have time to work on your projects that are DUE TOMORROW!!!

Mon Oct 19

Today we will be talking about management style.  We have a worksheet to complete as well.  

Your Projects are DUE THURSDAY:

Here is a e-mail I keep getting that is an example of a PHISHING scam:

Good Day,

I am Mr. Shing Li, I am a Chinese Citizen but work as a Branch Manager in a

Bank in Taipei,Taiwan.I have a secured business  proposal for you.  Should

you be interested please reach me on my  private email address:

(shing_li@yahoo.com.tw) And after that I  shall provide you with more details

of my proposal. Your earliest response to this letter will be appreciated.

My Regards,

Mr.Shing Li.

Fri Oct 16

Read and Discuss Lesson 10.2

Read and discuss lesson 10.3 on management styles. What are different management styles? What kind of manager will you be?

Go to the Following Link to Find out your Mangament Style, are you Social, Intelectual, Task Focused, or Participative?

http://www.computerworld.com/managementtopics/management/story/0,10801,98557,00.html

Go to the following link and find out your Management Aptitude!!

http://www.businessbureau-uk.co.uk/growing_business/employee_relations/management_style_test.htm

Time to work on your project.

Thur Oct 15

Dragons Den

Preparing a business plan part 2

Wed Oct 14

Today we are going to look at hiring staff.  We will also discuss conducting and giving interviews.  

Read Lesson 10.1 pg 244-250

NEW PROJECT: Preparing a Business Plan Part 2A

Your first task will be to create an organizational chart for your business.  It should include the following:

* Your Business Name

* ALL people/positions in the company, including yours (if you don't have the names of employees, just list the job title.

* Job positions should be divided into categories (depends on the type of business)  Examples cooks, waitresses, managers, sales staff, etc.

* The chart should be arranged to show the management positions at the top and the part-time, low-pay positions at the bottom.  

(please see me if you business will have no employees)

(Make sure you know all bolded works in case there is a POP quiz!!)

Fri Oct 9

Today we will have presentations from the few people who have yet to present.  

You will then have time to work on your projects which are DUE on WEDNESDAY!!

Have a great long weekend!

Thur Oct 8

Today we are going to finish up talking about protecting yourself and your business from scams.  

go to the following website and complete the on-line quiz.  When you are finished, check your answers and see how you did.  

http://www.abcfraud.ca/English_1.pdf

Answer the following questions:

1. Describe 2 ways to avoid cedit card fraud.

2. Describe 2 ways Fraud occurs.

3. What are two things you learned?

Today you will be getting a project!!

MonTue Oct 5

Good Morning, today we are going to carry on with finace (both personal and business)

First, Finish your personal budgets projects.

Next go to the following website and complete a Full game of financial Football. (high school edition)

When you finish you can test your skills at the other games especially quiz show.  

http://practicalmoneyskills.com/english/resources/games/

When you are finished, please check out the following website, it has interesting information on how to save money and how to keep yourself out of dept.

www.feedthepig.org

You will be given a marks up date during the class.  

THE DEADLINE FOR ALL LATE WORK IS THURSDAY @ 8:30 A.m.

Fri Oct 2

TEST!!!

Today we are going to talk about budgeting.  We will focus on personal budgets and move onto business budgets later in the course.

You will be receiving your next project.  

Here is the link for the handout, you will have to click on FREE EXCEL BUDGET TEMPLATE.  

http://www.free-financial-advice.net/create-budget.html

DUE next Friday!!!

Thur Oct 1

Dragons Den,

Unfortunetly, your test will have to be postponed, yet again due to an assembly.

Your test will be FRIDAY (even if the school is on fire!)

Wed Sept 30

Dragons Den, since we missed it yesterday

Finish the questions from yesterday's entry.

Rieview for test TOMORROW!!

Tue Sept 29

Wall Street Questions

1. What is insider trading?

2.  What does zero-sum-gain mean.

3.  What does free market mean?

4.  Answer this question in PARPGRAPH form: Do you agree with Gordon Gecko's view that "Greed is good, greed works".  Do you feel that in a free market capitalist system that it is important to always seek the biggest profit?  Explain Why or why not.

Fri Sept 25

Today we will talk about the stock market.  

We will be watching Wall Street.  There will be questions at the end.  

Thur Sept 24

Dragons Den

Terms for test

entrepreneur

employee

% of small businesses in Canada

advantages of being and entrepreneur (4)

disadvantages of being an entrepreneur (4)

basic business letter format

key points of good communication (eye contact, be polite, speak clearly etc)

how to determine markup and mark down

how to calculate percent

how to calculate profit

'principle'

productivity

supply and demand

monopoly

4 functions of business (productivity, marketing, management, and finance)

fixed cost

variable cost

marginal cost vs marginal benefit

economic cycle (boom, growth, recession, depression)

sole proprietorship

partnership corportation

Presentations

Tue Sept 22

Dragons Den

Read the article "Networking 101 and answer the following questions"

1. What is networking?

2. Why is networking important, especially to small businesses?

3. What are some of the do's and don'ts of networking?

Mon Sept 21

NOTES and Activity on the following

fixed cost

variable cost

marginal cost vs marginal benefit

economic cycle (boom, growth, recession, depression)

Today we will be carrying on with learning about Corporations, Publicly Traded companies and the stock market.

Activity:

We will be starting a stock market game/competition that will run from today until January 7, 2010.  You will be given $100,000 (imaginary) to invest using an on-line stock market simulator.  This is VERY realistic, because it uses REAL stocks and stock prices.  The people who make the most money by January will win a PRIZE!!

Go to the following link and create a login (MAKE SURE YOU WRITE IT DOWN so you don't forget)

http://www.investopedia.com/

Start buying and selling stocks.

(See the teacher and the internet for help and stock tips)

Fri Sept 18

Today you will be getting your first project DUE THIS COMING WEDNESDAY.  

Don't forget to hand your letters in if you haven't already.  

Thur Sept 17

Dragons Den

Activity:  You are to write a Cover Letter (using correct business format) applying for the job of entrepreneur.  When you are finish, staple it and the 'Angry customer letter' together using 'proper' business stapling form (I am going to be picky).

I will gladly come and look over your letters before you hand them in.  

Wed Sept 16

Today we will carry on looking at  Franchises.  You are to pick 3 different franchises that you would be interested in buying into.  To do this, search for the company's website and then find the part that says franchise info or business oppourtunity.  Once there, find the information on the following.

1. What is the franchise fee

2. What are the Royalty fees

3. What are the Advertising fees

4. How much money do they suggest you have

5. What do they do for you if you buy a franchise

Next we are going to learn how to write a business letter in proper business format.  You will then write a letter in response to an angry customer letter.  

Tue Sept 15

Dragons Den

Powerpoint presentation on types of business ownership.  

Worksheet on buying a pre-existing business.   You can purchase any pre existing business EXCEPT a franchise.  

When you finish, please hand it in and grab the second worksheet "Entrepreneurial Aptitude Test"

Please hand in when finished.  

Mon Sept 14

Watch 'Venture' on Fou Fou Dog.

Answer the following questions

1. Is the idea of fou fou dog a good one, why or why not?

http://www.foufoudog.com/

2. Evaluate the website, is it laid out well?  Visually appealing etc?

3. Do you think that Ms. Ng will recover her $75,000 and make a good profit, why or why not?

Please PRINT your answers and hand them in.

Next please read pgs. 28-30 (in your textbook).  

1. List and briefly describe the advantages of small business ownership

2. Lisa and briefly describe the disadvantages of small business ownership

Next read 'Personality Characteristics required by successful entrepreneurs' pgs 33-34

3. List and describe the characteristics in your own words.  

Please print your answers out and hand them in when you finish.  .

Fri Sept 11

Today we are going to learn how to shake hands.  It sounds simple but it is very important.

Next we are going to have a powerpoint presentation on some business basics.  

We will then be doing some math worksheets on basic business math.  

****Please hand in the work from yesterday if you haven't already done so*****

Thur Sept 10

Dragon's Den

Receive textbooks

Read pgs. 11-13 and discuss

Activity: You are to choose a famous entrepreneur. You are to then use the Internet to research your entrepreneur and answer the following questions in complete sentences.

1. What is your entrepreneurs name and what is the business/product that they are famous for.

2. Briefly explain some of their major successes.

3. Have they had any failures or troubles, if so, do you think that it hurt them or helped them in the end? Explain.

4. In a paragraph explain how this person has managed to achieve success, (you may wish to talk about their ideas, work ethic, ability to compete etc.)

5. Include a picture(s)

Here are some links to information about famous entrepreneurs

http://entrepreneurs.about.com/od/famousentrepreneurs/Famous_Entrepreneurs.htm

Here is a list of famous entrepreneurs, you can pick on and google their name.

http://cecteachers.dpsk12.org/stories/storyReader$75

Wed Sept 9

Welcome to Entrepreneurship 12!

Today you will receive the course outline. Please make sure you fill out the student information sheet.

What is entrepreneurship?

Type A/B personalities

Activity: Go to the following link and complete the questionnaire as honestly as you can.

(be prepared to discuss the results)

http://www.psych.uncc.edu/pagoolka/TypeA-B-intro.html

When you are finished please answer the following questions and then e-mail them to me when you are done.  

What is your personality type?

Do you think that it is accurate? Why?

Which personality type would make the best entrepreneur?

Homework: Come up with an example of an entrepreneur

N.B. If you are late or away, don't forget to check the website. If you have any questions or need help, you can always send me an e-mail at: southwell_j@sd36.bc.ca