Jessica teaches business studies to a batch of students in


Jessica teaches business studies to a batch of students in an adult education program. As a part of the curriculum, she needs to demonstrate to her students on how to start a business. Her idea is to introduce the steps involved in starting a business in a sequential order over a period of five days, and ask the students to present their ideas in the class the next day. On the first day of the learning activity, which of the following should Jessica ask the students to do? ? Decide the form of ownership each student would select for his or her new business ? Devise a strategy to guide planning and development in the business ? Decide whether to acquire an existing business, start a new one, or buy a franchise ? Assess the financial resources needed to start the business ? Write down some general ideas that can be used to start a business

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