Virtual Business Simulation: Entrepreneurship
Turn your classroom into a startup incubator with Virtual Business – Entrepreneurship. Visually immersive simulations will teach your students the fundamentals of building and growing an entrepreneurial business – market research, elevator pitch, business plan, raising money, and more. The entrepreneurship simulation includes 20 unique businesses and three projects: Shark Project, Business Plan Project, and Mega-Mogul Project.
Virtual Simulations from Knowledge Matters provide educators supplemental resources through a gamified curriculum. Including specific lessons and an overarching project, our simulations enable students to bring what they are learning to life in a risk-free environment. Used by many CTSOs (including DECA, FLBA, FCCLA, and BPA) as a powerful tool to teach students all the aspects of business, entrepreneurship, marketing, personal finance, and more!
Overview
Lessons and Simulation Exercises
- Spotting the Opportunity
- Market Research
- Making the Plunge
- Name, Location & Form
- Making the Plunge
- Form of Business & Taxes
- Creating a Business Plan – Basics
- Creating a Business Plan – Financials
- The Elevator Pitch
- Raising Money & Financials
- Savings and Bank Loans
- Raising Money & Financials
- Selling Shares
- Building a Team
- Acquiring Resources
- Going to Market – Basics
- Going to Market – Growth!
- Operations & Feedback
- Workflow
- Operations & Feedback
- Risk Management
- Shark Project
- Business Plan Project
- Mega-Mogul Project
Businesses Included
Smoothie Shop
Pizza Place
Plumbing Business
Electrical Business
Physical Therapy
Hair Salon
Auto Repair Shop
Catering
Online Gift Baskets
Trampoline Park
Bowling Alley
Fitness Center
Coffee Shop
Ice Cream Shop
T-Shirt Printing
Burrito Restaurant
Lawn Care Services
DJ Services
Batting Cage
Go Kart Track
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