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Step 1 = Choose your business!

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You will need to make some decisions about how you will finance your

business…see the next slides for more information BEFORE making this

important decision.

Step 2 =

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Your Options for Financing:

1.) Use your own money:  If you are lucky enough to have the money it takes to start up a business, you may decide you want to use it.

Here are some of the pros and cons when you start a business with your own money.

Pros:  You will not have share your profits with anyone.Cons: If you are not successful you will lose your money.

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2.) Get a Bank Loan:  If you chose to get a bank loan, it is going to cost you.  The $4,500 is not free.  You will have to pay the money back. 

Here is an example of what it will cost you:Principal loan:       $4,500Interest charged       $819Total loan amount $5,319

This means that you will have to pay the original loan plus the money that the bank makes from giving you their money to use for a period of time.  The money that the bank makes on this loan is usually calculated by an interest rate.  Depending upon many factors that interest rate can vary.

Pros:  The benefit of using the banks money is that you won't lose any of your money.  You are establishing credit with the bank for future business plans. Cons: You will have to take a portion of your profit and give it to the bank for taking out the loan.

Your Options for Financing, cont.:

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Step 3 = Give your business a name!

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Step 4 = PLAY!

Have fun going through the days running your business! Keep in mind you will need to keep track

of your progress at the end of each week. Practice taking a screen shot or two BEFORE

playing so that you are ready!

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Continue reading OR refer to the next slides later in your game for some other

helpful tips on how the game is played!

Need more?

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Business

Marketing

Information

Customers

Stations

Competitors

Research and Development(shows up later in the game)

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Choose from four different types of marketing/advertising campaigns!

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This tab allows you to view the current and previous news events.

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This tab explains how to earn biz points, and shows how you’ve earned current biz points.

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This tab shows the current needs of the customers.

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This tab allows you to view the number of customers you have served.

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This tab shows how many customers you have lost because you failed to serve them.

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This tab shows each station available and the cost to rent it.

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This tab shows which stations you are currently renting and offers to switch to a station that is in demand.

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This tab displays the current price customers are paying for services and allows you to adjust your prices.

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This tab allows you to see what stations you are currently operating.

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If you click on the station during the game you can see a log of customer activity as well as costs, earnings, and net balance for each station you choose.

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See how you rate with the other businesses in town.

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By doing research and development you can create new types of stations for use in your business

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•Check your buttons regularly to keep up with your customers’ changing needs.

•Time stops any time you select a button.

•Change stations as often as you need to keep up with current demands.

•Watch and listen to news flashes and respond to them as needed.

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Advertising

Customer Service

E-Commerce

Entrepreneur

Fashion Merchandising

Financial Services

Food Marketing

Hospitality Marketing

Importing/Exporting

International Marketing

Marketing Research

Product Management

Professional Sales

Public Relations

Real Estate

Restaurant Management

Sales Management

Service Marketing

Sports Marketing

Travel/Tourism Marketing