The New Youth Entrepreneur [electronic resource] : Money To Get Started. Module 5 / Marilyn Kourilsky and Others.

The New Youth Entrepreneur curriculum is a series of 12 youth-oriented educational modules containing instructional materials, learning activities, and checkup exercises designed to teach students key elements of entrepreneurship. This document is the fifth module, and introduces students to the fin...

Full description

Saved in:
Bibliographic Details
Online Access: Full Text (via ERIC)
Main Author: Kourilsky, Marilyn L.
Corporate Authors: Ewing Marion Kauffman Foundation. Kauffman Center for Entrepreneurial Leadership, Education, Training, and Enterprise Center, Inc
Format: Electronic eBook
Language:English
Published: [S.l.] : Distributed by ERIC Clearinghouse, 1995.
Subjects:
Description
Summary:The New Youth Entrepreneur curriculum is a series of 12 youth-oriented educational modules containing instructional materials, learning activities, and checkup exercises designed to teach students key elements of entrepreneurship. This document is the fifth module, and introduces students to the financial issues involved in starting a business, including how much money is required, how to acquire cash, and alternative methods of financing. The first section provides initial planning steps for determining how much money will be needed for starting a business, while the second presents activities illustrating strategies for starting a business without cash, including bartering, sharing resources, and gaining the goodwill of others. The third section focuses on occasions when it will be necessary to obtain money, and discusses the advantages and disadvantages of co-venturing, obtaining loans from banks, and receiving government money. This section also provides three exercises to help students analyze the terms of lending agreements and a description of illegitimate lenders, or "loan sharks." The final section discusses strategies for obtaining money when other methods are not possible, including selling personal items to raise money and getting a temporary job to finance a venture. (CELCEE, an Adjunct ERIC Clearinghouse on Entrepreneurship Education) (MAB)
Item Description:ERIC Document Number: ED393531.
Availability: EDTEC Education, Training, & Enterprise Center, Inc., 313 Market Street, Camden, NJ 08102.
ERIC Note: For Modules 1-12, see JC 960 237-248.
Physical Description:48 p.