(Optional) Create a business plan for an entrepreneurial landscaping enterprise.

Creation could include

• investigating sole proprietorship, partnership, and corporate structures for a business organization
• researching lending sources for small businesses
• determining capital needs
• analyzing the market for potential competition of proposed services
• considering personnel requirements for a proposed enterprise
• exploring insurance requirements and options
• exploring licensing requirements and options
• projecting cash flow and pricing structures
• researching equipment and supply vendors.

Teacher Resources:

• AgPlan Links to an external site., Center for Farm Financial Management, University of Minnesota
• Farm Business Management Guide Links to an external site., FFA

Process/Skill Questions:

• What is the age when an individual can start a business?
• What are the differences among a sole proprietorship, a partnership, and a corporation?
• Which companies sell landscape equipment?
• How are potential employees identified?
• Who would loan money to a start-up business, other than a bank?
• How can a landscape entrepreneur plan for fluctuations within the industry?