Page 56 - Business Studies 11-12 (2006)

ENTREPRENEURSHIP: THE VENTURE, GRADE 11, COLLEGE PREPARATION (BDI3C) 55
– analyse specific financial goals for their chosen venture;
– assess the importance of a cash-flow pro- jection and create such a projection for their venture plan;
– calculate the start-up capital needed for their chosen venture;
– identify sources and methods of financing their chosen venture (e.g., government loans, private investors, bank loans, loans from family and friends, credit from suppliers).
Completing the Venture Plan
By the end of this course, students will:
– develop the overview of their venture plan (e.g., executive summary, mission state- ment, vision, goals);
– revise the components of their venture plan (e.g., overview, production, marketing, and financial plans) and use them to produce a complete venture plan;
– use appropriate information technology to produce their venture plan;
– demonstrate the effective use of business communication techniques (e.g., presenta- tions, business reports, forms, charts) when developing, carrying out, and presenting their venture plan.