I am Mr. Filipinas, and some of you may know me as the Math Teacher / Virtual Enterprise Coordinator at DeWitt Clinton High School Over the next couple of weeks, you will become entrepreneurs, form companies, research and develop your ideas, and compete against each other for real prizes, bragging rights, and virtual fortunes.
You will learn the basics of the Entrepreneurship, Management & Marketing Strategy, Finance and Accounting, In addition, you will write documents using Word, construct financial statements and charts using Excel, and lastly, put everything together in PowerPoint presentation. Below is a list of topics we will discussing over the next two weeks.
DAY 1 -ENTREPRENEURSHIP
Introduction
Shark Tank
Choose your Company & Group Members
Organization, Communication & Checkpoints
DAY 2 - MARKETING STRATEGY
Marketing Strategy
- 4 P's
- Market Dominance Strategies
- Innovation Strategies
- Growth Strategies
Business Plan Template for PowerPoint
Enhancing your PowerPoint Presentations
- Pictures
- Hyper links
- Tables
- Charts
Checkpoints
DAY 3 - MANAGEMENT STRATEGY
Strategic Management
- SWOT Analysis
- Porter's Five Forces
Internet Resources for Management Strategy
DAY 4 / 5 / 6- FINANCIAL STATEMENTS
Breakeven Point
Introduction to Spreadsheets and MS Excel
Income Statement
- Net Sales
- Variable Costs: COGS
- Gross Profit
- Fixed Costs: USAIIRDO
- Operating Profit / EBIT
- Net Profit / Net Income
Estimating Revenue and Expenses using Internet Resources
Balance Sheet
- Assets
- Liabilities
- Owner's Equity / Shareholder's Equity
Statement of Cash Flows (Time Permitting)
- Inflows vs Outflows
- Operating Activities
- Investing Activities
- Financing Activities
- Net Cash Flow