-To finalize each stage, you fill out the finance worksheet. -record all cash in and cash out. -In the other section, you can record any additional BizBucks for a management techniques/audits/or parent letters. Teacher Tip : One tip is to fill out the common amounts in green and the varied amounts in red (stop and check your ledger) PART A: TEST
-At the end of each stage of the cycle, you should collect rent and salaries Teacher Tip: You might have to explain that the salaries are a company expense, which is the reason they are not receiving the salaries.
- However, this time they have an option to take out a bank loan or pitch to the V.C. -Explain this resource and how it can be used to guide a role play -After you explain what a loan and interest is, they have to make a choice
Turn to S22 -Have students make three piles and create a pricing structure. Teacher Tip : Complete in pencil