it's the week of April 15
Branding your Business
Monday - Face to Face Learning
Starting Your Own Business: (click the link)
Process 2: Complete Tasks E and F
Tuesday - Thursday Personalized Learning
Process 3: Complete Task G
Friday Formative Assessment
Work on your LOGO design
E3 Inquiry Learning
Market Analysis: Who are your customers?
What industry are you entering?
For a restaurant, this would be the food service industry
Is the industry growing or declining in your area?
What kind of customers trade in that industry?
What trends do you see?
Is it seasonal or a steady yearlong type of business
What is the competition that is already serving those customers?
High skill businesses need highly skilled employees to compete for customers.
Does any other business dominate the industry in my area? Do they specialize?
Will your prices be better, Will you be more convenient?
Start Up: What will be required to get it up and running
What skills are needed for this business; technical, financial, business?
How much money will it take to open the doors?
Are there licenses or certifications needed to run this business?
Can you interpret the financial information for your business?
How will you brand your business?
Revenues and Profit: Dollars and/or Personal Satisfaction
What do you want from the business? Will it be able to provide it?
You will answer all these questions as you work through the Webquest.
Click on Quick Answers to post any question or MISCONCEPTIONS you have about this weeks lessons.
Study these terms for the Webquest Quiz