And in our educational system it is one tool that can be used to provide learning experiences that open students to the opportunities in their own community. As a teacher, you can use the business plan as a learning activity at all levels of education.
And every time a student does this decision-making the possibility of really starting a business becomes more tangible. A variety OF approaches IN THE classroom, many high school courses are teaching the skills of entrepreneurship. Students will learn the tools for basic financial analysis, and will investigate why the business in the video segments was not successful. As an extension activity, they can brainstorm ideas for a model new business, given what they have learned about the financial needs of a new business.
In fact a teacher of history or geography could use the business creativity approach to identifying ways to start a business using their curriculum as the source of ideas. It could give students a closer feeling of what it was like to live in different times in history, or in different parts of the world.