Agribusiness
On-Going Resources
Book: Book Report Rubric (Doc). Project List (Link).
SAE: SAE Resources (Link).
Week One - 11/4 to 11/11:
I can... name all classmates by first and last name, compare and contrast needs vs. wants, identify supply chain steps, create a survey using technology, create an organizational system to file documents and data, contrast procurement and production, classify businesses according to five common business structures, conduct market research and analyze data collected from a survey to discover a product or service to offer related to an agribusiness of interest, write a business plan for our class business.
Lesson 1.1 Starting a Business. Syllabus (GDoc). SCORE Business Plan Template (GDoc). Local Business Structure Slides (GSlides).
Speaker. Progress Lakeshore (Link).
Week Two - 11/14 to 11/22
I can... identify income and expenses from raw enterprise records, classify typical business expenses as fixed, variable, or non-current asset purchase. calculate interest for business scenarios, calculate depreciation using straight-line method, calculate and analyze net income and return on assets for business scenarios, determine how much money a business owner’s time is worth., calculate breakeven and use it to analyze the feasibility of an enterprise, explain credit/loans and how to obtain business start-up funds, create an advertisement for our class business
Speaker. Mueller Wealth (Link).
Week Three - 11/28 to 12/2
-categorize sample balance sheet entries as current or noncurrent assets or liabilities. (act 2.1.1) -compare the net worth for two businesses. (act 2.2.1) -calculate solvency and liquidity for two businesses. (act 2.2.2) -analyze the financial health of two businesses operations and summarize their position. (act 2.2.2) -complete an income statement for the business example. (act 2.2.3) -construct enterprise budgets using financial records. (act 2.2.4) -evaluate and select alternative inputs or business plans. (act 2.2.4) -develop a balance sheet and a budget for the business plan. (proj 2.2.5)
Lesson 2.1 The Cost of Doing Business. Depreciation (GSlides).
Week Four - 12/5 to 12/9:
-introduce one type of risk including historical examples and risk mitigation strategies, to classmates. (proj 3.1.1) -identify seasonal income and expense fluctuations. (act 3.1.2) -complete a projected cash flow statement for an assigned scenario. (act 3.1.3) -project cash flow for a business plan. (proj 3.1.4) -make current borrowing and repayment recommendations to avoid financial risk for an assigned scenario. (act 3.1.3) -investigate loan and grant opportunities for the business plan. (proj 3.1.4) -research common risk management strategies and make recommendations for a business. (act 3.1.5) -develop a risk management plan. (proj 3.1.6) -develop a process to analyze the financial position of a business for lender approval of a loan. (prob 3.1.7)
Lesson 2.2 Measuring Success.
Week Five -12/12 to 12/16:
-catalog skills and experience in a professional resume format. (proj 3.2.1) -calculate the value of student time spent on a job. (act 3.2.2) -determine whether various scenarios provide adequate income to meet average living expenses in their home county. (act 3.2.3) -compare labor expense paid to an entrepreneur to the return to labor and management for the business. (act 3.2.3) -calculate and analyze returns to labor, management, assets, and equity for two sample businesses. (act 3.2.5) -simulate investment scenarios in various risk environments. (act 3.2.4) -describe and assign financial values to capital, labor, and management opportunities for the business plan. (proj 3.2.5)
Lesson 3.1 Taking Risk Seriously.
Business Risks (GSlides).
Risk For Businesses (GSlides).
Week Six - 12/19 to 12/22:
-determine the complimentary and competitive products or services that pose risk for a business. (act 4.1.1) -develop a competitive analysis for the business plan. (proj 4.1.2) -develop SMART goals and a timeline for the business plan. (proj 4.1.3) -compile all artifacts for all sections of the course-long business plan. (proj 4.1.4) -pitch the business plan to stakeholders including potential investors and advisors. (proj 4.1.5)
Lesson 3.2 Risk and Opportunity.
Introduction to Resume (Link).
Week Seven - 1/2 to 1/6:
Lesson 4.1 Finalizing the Plan.
Week Eight - 1/9 to 1/13:
Final Business Plan.
SAE Presentations. SAE Presentation Audience Guide (GDoc).
Week Nine - 1/16 to 1/19:
Finals.
Book: Book Report Rubric (Doc). Project List (Link).
SAE: SAE Resources (Link).
Week One - 11/4 to 11/11:
I can... name all classmates by first and last name, compare and contrast needs vs. wants, identify supply chain steps, create a survey using technology, create an organizational system to file documents and data, contrast procurement and production, classify businesses according to five common business structures, conduct market research and analyze data collected from a survey to discover a product or service to offer related to an agribusiness of interest, write a business plan for our class business.
Lesson 1.1 Starting a Business. Syllabus (GDoc). SCORE Business Plan Template (GDoc). Local Business Structure Slides (GSlides).
Speaker. Progress Lakeshore (Link).
Week Two - 11/14 to 11/22
I can... identify income and expenses from raw enterprise records, classify typical business expenses as fixed, variable, or non-current asset purchase. calculate interest for business scenarios, calculate depreciation using straight-line method, calculate and analyze net income and return on assets for business scenarios, determine how much money a business owner’s time is worth., calculate breakeven and use it to analyze the feasibility of an enterprise, explain credit/loans and how to obtain business start-up funds, create an advertisement for our class business
Speaker. Mueller Wealth (Link).
Week Three - 11/28 to 12/2
-categorize sample balance sheet entries as current or noncurrent assets or liabilities. (act 2.1.1) -compare the net worth for two businesses. (act 2.2.1) -calculate solvency and liquidity for two businesses. (act 2.2.2) -analyze the financial health of two businesses operations and summarize their position. (act 2.2.2) -complete an income statement for the business example. (act 2.2.3) -construct enterprise budgets using financial records. (act 2.2.4) -evaluate and select alternative inputs or business plans. (act 2.2.4) -develop a balance sheet and a budget for the business plan. (proj 2.2.5)
Lesson 2.1 The Cost of Doing Business. Depreciation (GSlides).
Week Four - 12/5 to 12/9:
-introduce one type of risk including historical examples and risk mitigation strategies, to classmates. (proj 3.1.1) -identify seasonal income and expense fluctuations. (act 3.1.2) -complete a projected cash flow statement for an assigned scenario. (act 3.1.3) -project cash flow for a business plan. (proj 3.1.4) -make current borrowing and repayment recommendations to avoid financial risk for an assigned scenario. (act 3.1.3) -investigate loan and grant opportunities for the business plan. (proj 3.1.4) -research common risk management strategies and make recommendations for a business. (act 3.1.5) -develop a risk management plan. (proj 3.1.6) -develop a process to analyze the financial position of a business for lender approval of a loan. (prob 3.1.7)
Lesson 2.2 Measuring Success.
Week Five -12/12 to 12/16:
-catalog skills and experience in a professional resume format. (proj 3.2.1) -calculate the value of student time spent on a job. (act 3.2.2) -determine whether various scenarios provide adequate income to meet average living expenses in their home county. (act 3.2.3) -compare labor expense paid to an entrepreneur to the return to labor and management for the business. (act 3.2.3) -calculate and analyze returns to labor, management, assets, and equity for two sample businesses. (act 3.2.5) -simulate investment scenarios in various risk environments. (act 3.2.4) -describe and assign financial values to capital, labor, and management opportunities for the business plan. (proj 3.2.5)
Lesson 3.1 Taking Risk Seriously.
Business Risks (GSlides).
Risk For Businesses (GSlides).
Week Six - 12/19 to 12/22:
-determine the complimentary and competitive products or services that pose risk for a business. (act 4.1.1) -develop a competitive analysis for the business plan. (proj 4.1.2) -develop SMART goals and a timeline for the business plan. (proj 4.1.3) -compile all artifacts for all sections of the course-long business plan. (proj 4.1.4) -pitch the business plan to stakeholders including potential investors and advisors. (proj 4.1.5)
Lesson 3.2 Risk and Opportunity.
Introduction to Resume (Link).
Week Seven - 1/2 to 1/6:
Lesson 4.1 Finalizing the Plan.
Week Eight - 1/9 to 1/13:
Final Business Plan.
SAE Presentations. SAE Presentation Audience Guide (GDoc).
Week Nine - 1/16 to 1/19:
Finals.