+ All Categories
Home > Documents > Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time,...

Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time,...

Date post: 27-Mar-2015
Category:
Upload: melanie-knight
View: 215 times
Download: 1 times
Share this document with a friend
Popular Tags:
32
Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully yield a positive
Transcript
Page 1: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Entrepreneur SAE BookThe Entrepreneur SAE

Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully yield a positive return on their investment.

Page 2: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Blank pages or parts of blank pages will be shown during this presentation. General directions will be given followed by entries for a Home Garden Entrepreneur SAE Project. Entries will be shown in Blue Print.

Page 3: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Page 1

Agreement or Contract PageThis page is a legal agreement between two or more individuals.

• It must be typed or written in ink.

• It must be signed in blue or black.• It should be completed before the SAE project begins.

Page 4: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

The Enterprise Name and Number should be entered the same on the top of each page within the enterprise. This information must also agree with the Common Pages.

The Enterprise Name and Number should be entered the same on the top of each page within the enterprise. This information must also agree with the Common Pages.

You are now ready to start the actual contract or agreement. This information must be agreed to by all parties. The information must be typed or entered in pen. The student name should appear the same throughout the SAE book.

You are now ready to start the actual contract or agreement. This information must be agreed to by all parties. The information must be typed or entered in pen. The student name should appear the same throughout the SAE book.

Enterprise Name: Enterprise Number: 1

AGRICULTURAL ENTREPRENEURSHIP AGREEMENT

This agreement is made on the third day of January 20XX(month) (year)

by and between and(Student) (ow ner/operator)

from -----------------------

(location of property)

The owner/operator agrees to permit the student to conduct and complete the agricultural enterprise of

Home Garden beginning the first day of

March 20XX and ending the first day of December 20XX(month) (year) (month) (year)

Home Garden

Joe Smith Jacob Smith

437 Apple Lane

Enterprise Name: Enterprise Number: 1

AGRICULTURAL ENTREPRENEURSHIP AGREEMENT

This agreement is made on the day of (month) (year)

by and between and(Student) (ow ner/operator)

from -----------------------

(location of property)

The owner/operator agrees to permit the student to conduct and complete the agricultural enterprise of

beginning the day of

and ending the day of (month) (year) (month) (year)

Home Garden

Page 5: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

The student agrees to conduct a project in accordance with the instruction in agriculture, the project planand the approved practices. The student also agrees to record all entries accurately and truthfully in thespace provided in this book. The teacher agrees to advise the student, in the planning and operation of theproject and to supervise the project as needed. The student, owner/operator and parent or guardian agreeto provide labor, capital, equipment, management, land and buildings according to the following schedule.

StudentEnter % * Enter % *

Labor

Money

Management

Land

Buildings

Equipment

Profit/Loss

%Ownership

*Total of the three must equal 100% (student% + owner/operator% + parent%

Owner/OperatorEnter % *

Parent or Guardian

The following graph will help you determine who is responsible for various items such as labor, management, etc.. In this example the Parents are also the owners since they own the land and equipment where the project is conducted. Regardless of the situation, the percent Student, owner, and parent must total 100.

The following graph will help you determine who is responsible for various items such as labor, management, etc.. In this example the Parents are also the owners since they own the land and equipment where the project is conducted. Regardless of the situation, the percent Student, owner, and parent must total 100.

The student agrees to conduct a project in accordance with the instruction in agriculture, the project planand the approved practices. The student also agrees to record all entries accurately and truthfully in thespace provided in this book. The teacher agrees to advise the student, in the planning and operation of theproject and to supervise the project as needed. The student, owner/operator and parent or guardian agreeto provide labor, capital, equipment, management, land and buildings according to the following schedule.

StudentEnter % * Enter % *

Labor 100% 0% Money 50% 50% Management 90% 10% Land 0% 100% Buildings 0% 100% Equipment 5% 95% Profit/Loss 50% 50% %Ownership 100% 0%*Total of the three must equal 100% (student% + owner/operator% + parent%

Owner/OperatorEnter % *

Parent or Guardian

Sometimes the student may be the owner/operator as in a small business or a third party may be the operator where land or buildings are rented to complete the SAE project.

Sometimes the student may be the owner/operator as in a small business or a third party may be the operator where land or buildings are rented to complete the SAE project.

Page 6: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

The two final items of the contract or agreement are special arrangements and the signatures. The special arrangement can be almost anything agreed to by all of the parties. The signatures must be in ink to make the agreement binding to all parties.

The two final items of the contract or agreement are special arrangements and the signatures. The special arrangement can be almost anything agreed to by all of the parties. The signatures must be in ink to make the agreement binding to all parties.

Other special arrangement made between the parties:

The parties involved in this project agree to the terms stated above:

1/3/20xx

Student's Signature Date

1/3/20xx

Parent or Guardian's Signature Date

1/3/20xx

Ow ner/Operator's Signature Date

1/27/20xx

Teacher's Signature Date

Excess produce not needed by the family will be sold for profit. The garden plot must be completely tilled and planted to a winter cover crop before December 1. If this is not completed all cash proceeds must be forfeited and given to Jacob Smith.

Stephen A Roberts

J acob T Smith

Joe SmithJ acob T Smith

Page 7: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Enterprise Name: Home Garden Enterprise Number: 1

Student Name: Joe Smith

GOALS FOR ENTREPRENEURSHIP ENTERPRISES

Before starting your SAE project, list the most important efficiency factors and establishyour goals. As each factor is analyzed, record you achievement.

Student

Efficiency Factors Average Superior Student Goal Achievement

A A

B B

C C

D D

E E

It is time to set goals for your project. Many SAE projects will have state standards for some efficiency factors. These should be used if available. If your project does not have standards, complete some research and develop factors for your SAE project. You may also develop some of your own goals.

It is time to set goals for your project. Many SAE projects will have state standards for some efficiency factors. These should be used if available. If your project does not have standards, complete some research and develop factors for your SAE project. You may also develop some of your own goals.

Page 8: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Efficiency Factors developed by the state will have Average and Superior efficiency levels set. These should be entered and you should set goals for your SAE project. Note: These factors may change over time. Also make certain that your goal is realistic for your SAE Project.

Efficiency Factors developed by the state will have Average and Superior efficiency levels set. These should be entered and you should set goals for your SAE project. Note: These factors may change over time. Also make certain that your goal is realistic for your SAE Project.

Enterprise Name: Home Garden Enterprise Number: 1

Student Name: Joe Smith

GOALS FOR ENTREPRENEURSHIP ENTERPRISES

Before starting your SAE project, list the most important efficiency factors and establishyour goals. As each factor is analyzed, record you achievement.

Student

Efficiency Factors Average Superior Student Goal Achievement

A A

B B

C C

D D

E E

Yield per 1000 Sq Ft in Pounds

% Crop in Highest Quality Grade

Labor Income per 1000 Square Feet

Page 9: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Efficiency Factors developed by the state will have Average and Superior efficiency levels set. These should be entered and you should set goals for your SAE project. Note: These factors may change over time. Also make certain that your goal is realistic for your SAE Project.

Efficiency Factors developed by the state will have Average and Superior efficiency levels set. These should be entered and you should set goals for your SAE project. Note: These factors may change over time. Also make certain that your goal is realistic for your SAE Project.

Enterprise Name: Home Garden Enterprise Number: 1

Student Name: Joe Smith

GOALS FOR ENTREPRENEURSHIP ENTERPRISES

Before starting your SAE project, list the most important efficiency factors and establishyour goals. As each factor is analyzed, record you achievement.

Student

Efficiency Factors Average Superior Student Goal Achievement

A 20 100 50 A

B 50 100 75 B

C 20.00$ 50.00$ 25.00$ C

D D

E E

Yield per 1000 Sq Ft in Pounds

% Crop in Highest Quality Grade

Labor Income per 1000 Square Feet

Page 10: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

If you are going to develop some of your own goals there may not be average and superior goals established by the industry. If this is the case let these two entries blank; however, you must enter a Student Goal.

If you are going to develop some of your own goals there may not be average and superior goals established by the industry. If this is the case let these two entries blank; however, you must enter a Student Goal.

Enterprise Name: Home Garden Enterprise Number: 1

Student Name: Joe Smith

GOALS FOR ENTREPRENEURSHIP ENTERPRISES

Before starting your SAE project, list the most important efficiency factors and establishyour goals. As each factor is analyzed, record you achievement.

Student

Efficiency Factors Average Superior Student Goal Achievement

A 20 100 50 A

B 50 100 75 B

C 20.00$ 50.00$ 25.00$ C

D -------- -------- 30% D

E E

Yield per 1000 Sq Ft in Pounds

% Crop in Highest Quality Grade

Labor Income per 1000 Square Feet

Percent Crop Sold

Page 11: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

At the end of the project year you must analyze your records and goals. For state efficiency factors you should use an analysis sheet (Page 22). Make certain that your achievement entered here agrees with page 22 and is supported by your records.

At the end of the project year you must analyze your records and goals. For state efficiency factors you should use an analysis sheet (Page 22). Make certain that your achievement entered here agrees with page 22 and is supported by your records.

Enterprise Name: Home Garden Enterprise Number: 1

Student Name: Joe Smith

GOALS FOR ENTREPRENEURSHIP ENTERPRISES

Before starting your SAE project, list the most important efficiency factors and establishyour goals. As each factor is analyzed, record you achievement.

Student

Efficiency Factors Average Superior Student Goal Achievement

A 20 100 50 41.5 A

B 50 100 75 60 B

C 20.00$ 50.00$ 25.00$ 32.53$ C

D -------- -------- 30% 45% D

E E

Yield per 1000 Sq Ft in Pounds

% Crop in Highest Quality Grade

Labor Income per 1000 Square Feet

Percent Crop Sold

Page 12: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Take a soil test to determine nutrient needs.

Till soil to control weeds and prepare the seedbed.

Purchase high quality seeds adapted to the area.

Work fertilizer/plant nutrients into the soil while tilling.

Plant onion sets early in the planting season.Lay out the garden plot to make the best use of soil types, sun, water and reduce disease.

Control weeds as early as possible in the growing season.

03/01

03/15

03/15

04/01

04/01

04/10

05/01

03/06

03/12

03/03

04/22

04/05

04/05

04/05

Note: First Date Completed must agree with labor records on pages 17 to 20.

Note: First Date Completed must agree with labor records on pages 17 to 20.

PROGRAM PLANS

Planning is essential to conduct an agricultural project successfully. List all approved practices to be used in this enterprise during this year. List only those practicesapplicable to your project. Record the date when the practice is completed. First dateto be done is the first time you plan to complete this approved practice during the projectyear. First date completed is the first date the approved practice was actually completedduring the year. Dates in the first date completed column must agree with your diary.

Approved PracticesFirst Date to

be doneFirst Date Completed

1 1

2 2

3 3

4 4

5 5

6 6

7 7

Page 13: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Approved Practices continue from page 3. After all the Approved practices and dates are entered the student, parent and teacher should sign this page in ink. This page then becomes a continuation of the agreement found on page 1.

Approved Practices continue from page 3. After all the Approved practices and dates are entered the student, parent and teacher should sign this page in ink. This page then becomes a continuation of the agreement found on page 1.

40 12/1 40

Joe SmithStudent's Signature Date

J acob T SmithParent or Guardian's Signature Date

Stephen A RobertsTeacher's Signature Date

1/3/20xx

1/27/20xx

Analysis records at the end of the year.

1/3/20xx

Page 14: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

The Budget Estimate must be completed before the SAE project starts. The top half of the page is an income section. Income categories are entered here and in the same order later on the income pages (Pages 8 to 11 and Page 16). You may want to include a miscellaneous category to cover any possible unexpected income.

The Budget Estimate must be completed before the SAE project starts. The top half of the page is an income section. Income categories are entered here and in the same order later on the income pages (Pages 8 to 11 and Page 16). You may want to include a miscellaneous category to cover any possible unexpected income.

Enterprise Name: Enterprise Number: 1

Student Name:

BUDGET ESTIMATE

BudgetedINCOME CATEGORIES (to be carried to pages 9 and 11) $/Unit Dollars

1 Produce Sales 1

2 Home Use Produce 2

3 Premiums 3

4 Miscellaneous 4

5 5

(A) Total Estimated Income (A)

Quantity and Unit

Home Garden

J oe Smith

Page 15: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Once the income categories are set, enter your estimated quantities, value per unit, and total dollars. In some cases, it may not be practical to enter quantity and unit value. If this is the case enter only the total dollars for the category. You should not change your budget during the year even if your SAE project changes.

Once the income categories are set, enter your estimated quantities, value per unit, and total dollars. In some cases, it may not be practical to enter quantity and unit value. If this is the case enter only the total dollars for the category. You should not change your budget during the year even if your SAE project changes.

Enterprise Name: Enterprise Number: 1

Student Name:

BUDGET ESTIMATE

BudgetedINCOME CATEGORIES (to be carried to pages 9 and 11) $/Unit Dollars

1 Produce Sales 35.00$ 1

2 Home Use Produce 50 quarts 1.75$ 87.50$ 2

3 Premiums 2 2.50$ 5.00$ 3

4 Miscellaneous -$ 4

5 5

(A) Total Estimated Income 127.50$ (A)

Quantity and Unit

Home Garden

J oe Smith

Page 16: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Once the income section of the budget is completed, you are ready to start the expense sections by entering the budget categories. These will later be enter on pages 12 to 16 in the same order. Qualities, unit costs and total dollars are entered just like the income section of the budget.

Once the income section of the budget is completed, you are ready to start the expense sections by entering the budget categories. These will later be enter on pages 12 to 16 in the same order. Qualities, unit costs and total dollars are entered just like the income section of the budget.

Budgeted

$/Unit Dollars

1 Seeds 10 packs various prices 15.00$ 1

2 Transplants 6 packs 2.00$ 12.00$ 2

3 Fertilizer 1 bag 9.89$ 9.89$ 3

4 Chemical 4.00$ 4

5 Tools 15.00$ 5

6 Supplies 30.00$ 6

7 Miscellaneous -$ 7

8 8

(B) Estimated Expenses 85.89$ (B)

EXPENSE CATEGORIES (to be carried to pages 9 and 11) Quantity and Unit

Page 17: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

The bottom of page 5 will require you to do pages 6 and 7 of your SAE book before all of the information can be entered. Line C is an estimated change in inventory during the year. Line E is the actual beginning inventory value listed on page 7.

The bottom of page 5 will require you to do pages 6 and 7 of your SAE book before all of the information can be entered. Line C is an estimated change in inventory during the year. Line E is the actual beginning inventory value listed on page 7.

(B) Estimated Expenses 85.89$ (B)

(C) Estimated Change in Inventories ( + or - ) -$ (C)

(D) Estimated Net Income (A-B+C=D) 41.61$ (D)

Opportunity Costs

(E) Beginning Inventory (Page 7 {B}) $20.00 (E)

(F) Opportunity Cost of Inventory ( E x Int%= F ) % Interest (F)

(G) Operational Opportunity Cost ( B x .5 x Int% = G ) % Interest (G)

(H) Total Opportunity Cost (F + G = H) (H)

(I) Difference between est.Net Income and Opportunity Cost (D - H = I) (I)

5 J ul-99

Page 18: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

(B) Estimated Expenses 85.89$ (B)

(C) Estimated Change in Inventories ( + or - ) -$ (C)

(D) Estimated Net Income (A-B+C=D) 41.61$ (D)

Opportunity Costs

(E) Beginning Inventory (Page 7 {B}) $20.00 (E)

(F) Opportunity Cost of Inventory ( E x Int%= F ) 3 % Interest $0.60 (F)

(G) Operational Opportunity Cost ( B x .5 x Int% = G ) 3 % Interest $1.29 (G)

(H) Total Opportunity Cost (F + G = H) $1.89 (H)

(I) Difference between est.Net Income and Opportunity Cost (D - H = I) 39.72$ (I)

5 J ul-99

The opportunity costs are a cost of doing business, or the loss of income one has not received by placing the money in the bank or some other investment opportunity. The interest rates should be set based upon current economic conditions. Follow the directions to make the correct calculations.

The opportunity costs are a cost of doing business, or the loss of income one has not received by placing the money in the bank or some other investment opportunity. The interest rates should be set based upon current economic conditions. Follow the directions to make the correct calculations.

Page 19: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Enter your entrepreneur inventory on pages 6 and 7. Entries should be made on these pages only at the beginning and end of the year. If an item is no longer in inventory enter 0 at the end of the year. Totals from page 7 should be transferred to page 5 and S-2.

Enter your entrepreneur inventory on pages 6 and 7. Entries should be made on these pages only at the beginning and end of the year. If an item is no longer in inventory enter 0 at the end of the year. Totals from page 7 should be transferred to page 5 and S-2.

Enterprise Name: Enterprise Number 1

Student Name:

List all items which you own which are used for this project.Personal items should be listed on page S-2.

ENTREPRENEURSHIP INVENTORY

Beginning of Year End of Year

Item DescriptionQuantity and Unit $/Unit

Total $ Value

Quantity and Unit $/Unit

Total $ Value

1 Quart produce boxes 20 $0.25 $5.00 40 $0.25 $10.00 1

2 Shovel 1 $10.00 $10.00 0 2

3 Hoe 1 $5.00 $5.00 1 $2.00 $2.00 3

4 Tomato Cages 24 $1.00 $24.00 4

5 Fertilizer Various formulations 150 lbs $27.00 5

6 Rake 1 $15.00 $15.00 6

Home Garden

J oe Smith

beginning end

Page 20: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

40 40

Total XXXXXXXXXXXXXX $20.00 XXXXXXXXXXXXXX $78.00

(B) (A)

A. Total End of Year Value --------------------------------------------------------- $78.00 (A)

B. Total Beginning of Year Value ------------------------------------------------- $20.00 (B)

C. Inventory Change (A-B=C) ------------------------------------------------------- $58.00 (C) (Carry this figure to page16, line D)

7 J ul-99

After inventory entries are made on pages 6 and 7, total the columns and follow the directions. Make certain that the totals are carried to pages 5 and S-2 in the beginning of the year and to pages 16 and S-2 at the end of the year.

After inventory entries are made on pages 6 and 7, total the columns and follow the directions. Make certain that the totals are carried to pages 5 and S-2 in the beginning of the year and to pages 16 and S-2 at the end of the year.

Page 21: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

ENTERPRISE: Home Garden ENTERPRISE NUMBER: 1

Student Name: J oe Smith INCOME

Depositedto: Cash Category Total

Quantity Dollars Checking, Non- Code DollarsNo. Date Description/Clint and Unit per Unit Cash or Transfer No. Received

2-J an Ex. Puppies/Pet Palace 2 puppies 100.00 Cash 1 $200.00

1

2

3

4

ENTERPRISE: ENTERPRISE NUMBER: 1

Student Name INCOME CATEGORIES

1 2 3 4 5

Dollars Dollars Dollars Dollars Dollars

$200.00

1

2

3

4

Produce SalesHome Use Produce Premiums Miscellaneous

Home Garden

J oe Smith

Before making any entries, make certain that the income categories are entered on the top of pages 9 and 11 in the same order as on page 5. Once this is done you are ready to enter your income/receipts.

Before making any entries, make certain that the income categories are entered on the top of pages 9 and 11 in the same order as on page 5. Once this is done you are ready to enter your income/receipts.

Page 22: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Enter the date the income was received, a description of the item(s) sold, the quantity sold, value per unit and total dollars received.

Enter the date the income was received, a description of the item(s) sold, the quantity sold, value per unit and total dollars received.

Some items may be deposited to cash, savings, checking, or transferred to another enterprise. A few items may have a value, but are listed as non cash if used by the family.

Some items may be deposited to cash, savings, checking, or transferred to another enterprise. A few items may have a value, but are listed as non cash if used by the family.

ENTERPRISE: Home Garden ENTERPRISE NUMBER: 1

Student Name: J oe Smith INCOME

Depositedto: Cash Category Total

Quantity Dollars Checking, Non- Code DollarsNo. Date Description/Clint and Unit per Unit Cash or Transfer No. Received

2-J an Ex. Puppies/Pet Palace 2 puppies 100.00 Cash 1 $200.00

1 6/1/xx Leaf Lettuce/ Home Use 2 lb $ 1.00 Non Cash 2 $2.00

2 6/5/xx Peas/Home Use 20 qt 0.75 Non Cash 2 $15.00

3 6/6/xx Peas Sales/D.White 20 qt 0.75$ Cash 1 $15.00

4 6/6/xx Leaf Lettuce/ Home Use 3 lb 1.00$ Non Cash 2 $3.00

The category code should agree with the column number on the right-hand page (not presently visible).

The category code should agree with the column number on the right-hand page (not presently visible).

Page 23: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Once the left-hand page is completed, transfer the totals on line 1, page 8 to the correct column on the right-hand page. Continue this process for the rest of the entries. Totals should be transferred to the next page and then to page 16.

Once the left-hand page is completed, transfer the totals on line 1, page 8 to the correct column on the right-hand page. Continue this process for the rest of the entries. Totals should be transferred to the next page and then to page 16.

Depositedto: Cash Category Total

Quantity Dollars Checking, Non- Code DollarsNo. Date Description/Clint and Unit per Unit Cash or Transfer No. Received

2-J an Ex. Puppies/Pet Palace 2 puppies 100.00 Cash 1 $200.00

1 6/1/xx Leaf Lettuce/ Home Use 2 lb $ 1.00 Non Cash 2 $2.00

2 6/5/xx Peas/Home Use 20 qt 0.75 Non Cash 2 $15.00

3 6/6/xx Peas Sales/D.White 20 qt 0.75$ Cash 1 $15.00

4 6/6/xx Leaf Lettuce/ Home Use 3 lb 1.00$ Non Cash 2 $3.00

1 2 3 4 5

Dollars Dollars Dollars Dollars Dollars

$200.00

$2.00 1

$15.00 2

$15.00 3

$3.00 4

Produce Sales Home Use Produce Premiums Miscellaneous

Page 24: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

ENTERPRISE:Home Garden ENTERPRISE NUMBER: 1

Student Name J oe Smith EXPENSES

Paid to: Cash Category Total

Quantity Dollars Checking, Non- Code DollarsNo. Date Description/Vendor and Unit per Unit Cash or Transfer No. Paid

2-J an Ex. Crickets/Shirey's 5 dozen $1.25 Check 2 $6.25

1 2/18/xxPSU Soil Test Kit / Extension Office 1 9.00 Check 3 $9.00

2 4/13/xxSeeds/ Home And Garden Center 15 packsVarious Check 1 $27.35

3 4/13/xxSeed Potato/ Home And Garden Center 25 lb 0.79 Check 2 $19.75

4 4/13/xxFertilizer and Lime/ Home & Garden Center Check 3 $37.81

5 4/14/xx Gasoline for tiller/ Texaco 5 gal 1.559 Cash 6 $8.00

6 4/20/xxRake/ Zimmerman's Supply Company 1 17.98 Cash 5 $17.98

7 5/10/xxTomato Transplants/ Home & Gardent Center 24 plants1.79/6 Cash 2 $7.16

8 5/29/xxTomato Cages/ Zimmerman's Supply Company 2 doz 19.08 Check 6 $38.16

The expenses are entered exactly the same as the income. Make certain that the category codes agree with page 5.

The expenses are entered exactly the same as the income. Make certain that the category codes agree with page 5.

Page 25: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

1 ENTERPRISE: ENTERPRISE NUMBER: 1

Student Name

1 2 3 4 5 6 7 8Category TotalCode DollarsNo. Paid Dollars Dollars Dollars Dollars Dollars Dollars Dollars Dollars

2 $6.25 $0.00 $6.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

3 $9.00 $9.00 1

1 $27.35 $27.35 2

2 $19.75 $19.75 3

3 $37.81 $37.81 4

6 $8.00 $8.00 5

5 $8.00 $17.98 6

2 $7.16 $7.16 7

6 $38.16 $38.16 8

SuppliesMiscellaneo

us Transplants Fertilizer Chemicals Tools

Home Garden

J oe Smith

Seeds

Once the left-hand page is completed, transfer the totals on line 1, page 12 to the correct column on the right-hand page (page 13). Continue this process for the rest of the entries. Totals should be transferred to the next page and then to page 16.

Once the left-hand page is completed, transfer the totals on line 1, page 12 to the correct column on the right-hand page (page 13). Continue this process for the rest of the entries. Totals should be transferred to the next page and then to page 16.

Page 26: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Enterprise Name: Home Garden Enterprise Number: 1

Student Name: J oe Smith

INCOME STATEMENT AS COMPARED TO BUDGET

Budgeted ActualDollars Dollars

INCOME CATEGORIES (from page 5) (Page 5) (Page 9 or 11)

1 Produce Sales 35.00$ 1

2 Home Use Produce 87.50$ 2

3 Premiums 5.00$ 3

4 Miscellaneous -$ 4

5 5

(A) (A) Total Income 127.50$ (A)

The Income Categories and Budgeted Dollars are transferred directly in the same order from page 5 to page 16. The items in the pale yellow box should be entered at the beginning of the project.

The Income Categories and Budgeted Dollars are transferred directly in the same order from page 5 to page 16. The items in the pale yellow box should be entered at the beginning of the project.

The Actual Dollars are transferred from the column totals found on page 9 or 11 at the conclusion of the SAE Project or Calendar Year.

The Actual Dollars are transferred from the column totals found on page 9 or 11 at the conclusion of the SAE Project or Calendar Year.

$98.50

$91.25

$4.00

-

$193.50

Page 27: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

The Expense Categories and Budgeted Dollars are transferred directly from page 5 to page 16 (Seen in the Pale Yellow). Actual expenses (Dark Yellow) are transferred from pages 13 or 15 at the conclusion of the SAE Project or the end of the Calendar Year.

The Expense Categories and Budgeted Dollars are transferred directly from page 5 to page 16 (Seen in the Pale Yellow). Actual expenses (Dark Yellow) are transferred from pages 13 or 15 at the conclusion of the SAE Project or the end of the Calendar Year.

EXPENSE CATEGORIES (from page 5)Budgeted Dollars

(Page 5)Actual Dollars (Page

13 or 15)

1 Seeds 15.00$ $27.35 1

2 Transplants 12.00$ $26.91 2

3 Fertilizer 9.89$ $46.81 3

4 Chemical 4.00$ $7.89 4

5 Tools 15.00$ $17.98 5

6 Supplies 30.00$ $46.16 6

7 Miscellaneous -$ 7

8 8

(B) (B) Total Expenses $85.89 $173.10 (B)

(C) Net Income ( A - B = C ) $41.61 $20.40 (C)

Page 28: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

(B) (B) Total Expenses $85.89 $173.10 (B)

(C) Net Income ( A - B = C ) $41.61 $20.40 (C)

(D) Inventory Change (Page 7, line C) + or - $58.00 (D)

(E) Labor Income ( C + or - D = E ) (E)

(F) Total hours labor ( Page 20 ) hours (F)

(G) Income per hour of labor (E divided by F = G) (F)

16J ul-99

------------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------------

To complete the bottom of page 16, you must transfer the inventory change found on page 7. (Note this may be either a positive or negative number.

To complete the bottom of page 16, you must transfer the inventory change found on page 7. (Note this may be either a positive or negative number.

To determine labor income Add line C to Line D (Make certain you don’t miss any negative signs there was a loss.

To determine labor income Add line C to Line D (Make certain you don’t miss any negative signs there was a loss.

To determine Income per hour transfer the total hours from page 20 and then divide Line E by Line F. Note: If labor records are in minutes they must be converted to hours by dividing by 60.

To determine Income per hour transfer the total hours from page 20 and then divide Line E by Line F. Note: If labor records are in minutes they must be converted to hours by dividing by 60.

$78.40

42.5

$1.85

Page 29: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

ENTERPRISE NAME Home Garden ENTERPRISE NUMBER

STUDENT NAME J oe Smith

Diary and Labor Record

Date Description

Ex. 1/1

J an 3

J an 20

Feb 18

Mar 2

Mar 3

planted at a different location than last year to reduce disease. After talking

to dad I am able to use a larger plot than originally expected.

Mar 6

Mar 12

Today I fed and watered my goat. Because it was a holiday she received some trimmings from a head of lettuce and some carrots. I also dehorned the goat using an electric dehorner

I turned SAE Book in to get it graded and signed by Mr. Roberts.

I worked on my SAE Book and completed all common pages, the Budget,

Approved Practices, Inventories, and contract except teacher's signature.

I purchased seeds and mailed soil sample to PSU after going to post office.

I took a soil sample and spread soil out to dry so it can be mailed to PSU.

I drove to the Extension Office to purchase a Soil Test Kit for the garden

I measured the garden plot to determine its size with my dad.

I completed the layout with dad and mad certain that the tomatoes would be

Labor records must be kept as hours or minutes, not a combination of both. (Circle the correct Unit) Labor entries should be detailed and when items are listed in the Approved Practices (Page 3 & 4) the dates must agree.

Labor records must be kept as hours or minutes, not a combination of both. (Circle the correct Unit) Labor entries should be detailed and when items are listed in the Approved Practices (Page 3 & 4) the dates must agree.

Note: For items completed every day such as feeding and watering animals, should enter the labor records on a weekly or monthly basis and include detailed information on many skills completed.

Note: For items completed every day such as feeding and watering animals, should enter the labor records on a weekly or monthly basis and include detailed information on many skills completed.

Page 30: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

My garden plot was larger than I originally planned. This increased myexpenses, income, and labor requirements. The soil test showed that the soil was verylow in all of the plant nutrients, so I needed to add more fertilizer than originallyplanned. Because of the increased size, I needed to purchase additional supplies suchas tomato cages and produce boxes for the crop that I sold. The majordisappointments were with the quality of the tomatoes at the end of the season andthe sweet corn. My sweet corn was infested with corn borers. I did not know thisuntil I started to harvest the crop. This damage prevented me from selling any of thecrop, but the family was able to use most of the corn for home use.

The special record section is used to explain unusual events, expenses, income, and labor needs. Any item that would cause things to not go as planned should be included.

The special record section is used to explain unusual events, expenses, income, and labor needs. Any item that would cause things to not go as planned should be included.

Enterprise Name: Home Garden Enterprise Number: 1

Student Name: Joe Smith

SPECIAL CONDITIONS AFFECTING INCOME, EXPENSES, DIARY AND LABOR

Page 31: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Enterprise Name: Home Garden Enterprise Number: 1

Student Name: J oe Smith

Illustrate your description by attaching a suitable photograph.

KEEPING A PHOTOGRAPHIC RECORD

another student take pictures of you working or pictures of completed projects. For research projects, take pictures to illustrate what you have done and stage in your reasearch. For conservation and improvement projects show before and after pictures.Use your photographs to show that you have done an outstanding job with your project. Use a maximum of 50 words to describe each picture. You may use as many photographs as you wish.

Please list both the Date and Location of the photo in the box

Use photographs to show what you have done with your project. If your project is an animal or pet, show us photographically what this project looks like. If you are doing a practicum skills project, have

July 28, 20XX -- Back Yard just east of the garden

Page 32: Entrepreneur SAE Book The Entrepreneur SAE Book is designed is used by anyone investing their time, effort, and capital into an enterprise which will hopefully.

Description:

I am holding one of the first tomatoes from my home garden project late one evening. This was one of the high quality tomatoes; however some of my very late ones in the season showed signs of rot.

23 Jan-99


Recommended