Teacher Trek

USS Biz Trek Extension Activities

Lesson Six ­ Finding Supplies

Vocabulary

Income

Growth

Capital

Start-up Cost

Fixed Cost

Variable Cost

Journal Assignment

Once you have determined what your start-up cost will be, write a plan to get the financing you need. Your plan should include ways to save money and ways to raise money for your start-up.

Class Discussion

1. Compare the terms feature and benefit regarding a product.
2. What are some ways of finding suppliers?
3. How do you convince suppliers to sell their product to you?
4. What is the "golden rule" of business?

Project

Visit either a bank or a commercial finance company and inquire about the requirements for a loan for a new business. How difficult will it be to meet their requirements? Prepare a report for class.

Back to Teacher Trek             Lesson 7

Revised: March 02, 2005.
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