Lesson Plan (Grades 9-12): Entrepreneurship and Business Plan Development - Shark Tank Style

Lesson Title: Entrepreneurship and Business Plan Development

Grade Level: High School (Grades 9-12)

Subject Area: Career and Technical Education (CTE)

Overview: In this lesson, students will learn the fundamentals of entrepreneurship and how to develop a comprehensive business plan. They will explore key concepts such as market research, financial planning, and pitching business ideas, culminating in a "Shark Tank" style presentation.

Objectives and Standards

Learning Objectives:

   1. Students will understand the principles of entrepreneurship and the components of a business plan.

   2. Students will conduct market research to identify business opportunities.

   3. Students will develop a business plan that includes a marketing strategy, financial projections, and operational plans.

   4. Students will present and pitch their business ideas to an audience.

Standards Alignment:

• National Business Education Association (NBEA) Standards:
  • Entrepreneurship I: Understands concepts and processes associated with successful entrepreneurial performance.
  • Marketing I: Understands the concepts, strategies, and systems used to obtain and convey ideas and products to consumers.
  • Finance I: Understands tools, strategies, and systems used to maintain, monitor, control, and plan the use of financial resources.
• Common Core State Standards (CCSS) for English Language Arts:
  • CCSS.ELA-LITERACY.W.9-10.7: Conduct short as well as more sustained research projects to answer a question or solve a problem.
  • CCSS.ELA-LITERACY.SL.9-10.4: Present information, findings, and supporting evidence clearly and persuasively.