Startup

Startup Process
Business Plan
Product Selection
Business Name
Logo Selection
Legal Structures
Debt and Equity
Financing

Product Management

Product Selection
Product Ingredients
Product Quality
Inventory Management
Inventory Ordering
Volume Purchase Discounts
Inventory Forecasting
Cost of Goods
Product Pricing

Facilities

Space Management
Location Analysis

Marketing and Sales

Advertising
Sales Forecasting
Weather Effects
News and Event Effects
Competitor Analysis
Market Share Analysis
Customer Traffic Patterns
Customer Feedback
Customer Satisfaction
Consumer Behavior

Human Resources

Employee Hiring
Employee Salaries
Scheduling (Daily)

Operations

Business Management
Scheduling

Accounting and Finance

Cash Flow Management
Budgeting
Profitability Analysis
Income Statement
Balance Sheet
Financial Analysis

Accounting Reports

Daily Summary
Customer Comments
Balance Sheet
Income Statement
Sales by Product
Revenue/Expenses by day
Cash Balance by day
Customers Served by day
Customer Satisfaction by day
Market Share by day
Startup and Working Capital
Seed Financing
General Journal
General Ledger

Financial Literacy

Personal Responsibility
Financial Evaluation
Spending and Saving
Risk-Reward
Return on Investment
Employment Income
Keeping Financial Records
Debt
Equity

Accounting Accounts

Assets

Cash
Inventory
Property, Plant & Equipment

Liabilities

Loans

Equity

Paid-in Capital

Revenue

Sales
Cost of Goods

Expenses

Licenses & Permits
Insurance
Interest
Payroll
Advertising
Marketing
Transportation
Trailer Rental
Repairs & Maintenance
Miscellaneous

Accounting Transactions

Seed Money
Logo and Signage
Equipment Purchase
Cart Purchase
Move Cart
Trailer Rental
Permits
Insurance
Loan Payment (Principal and Interest)
Payroll
Advertising — Radio
Advertising — Newspaper
Advertising — Busker
Inventory Purchase
Inventory Write-off
Sales (Cash, Revenue, Cost of Goods, Inventory)
Improve Appearance
Improve Quality
Maintenance
Theft

Economics Concepts

Scarcity
Marginal Cost-Benefit
Allocation of Goods
Supply and Demand
Gain from Trade
Specialization and Trade
Markets – Price and Quantity
Role of Price
Role of Competition
Role of Economic Institutions
Role of Money
Role of Interest Rates
Role of Investment
Role of Resources
Profit and the Entrepreneur
Productivity
Division of Labor
Opportunity Cost
Growth
Sustainability
Unemployment

Law and Ethics

Property
Business Ownership
Bankruptcy and Liability
Sales and Consumer Law

Math Concepts

Whole Numbers
Decimal Numbers
Adding
Subtracting
Multiplying
Dividing
Fractions
Percentages
Charts and Graphs
Reporting

Career and Life Skills

Decision Making
Problem Solving
Critical Thinking
Creative Thinking
Organization
Planning
Time Management
Stress Management
Risk Management
Team Building
Leadership
Self-Esteem
Entrepreneurial Thinking
Role as an employee
Role as a manager
Self Analysis

Topics covered in the Experiencing Accounting subject guide

Being an Entrepreneur
Business Basics
Starting Your Business
Markets and Schedule
Products and Inventory
Hiring and Managing Employees
Attracting Customers and Advertising
Business Accounting and Reports
Evaluating Success

Learning Guides and Activities included in the Accounting Education Bundle

Business Terms
Being an Entrepreneur
Knowing Your Market and Customers
Naming a Business
Selecting a Logo
Writing a Business Plan
Selecting a Location
Scheduling a Business
Managing Inventory
Pricing Products
Hiring Employees
Advertising
Using Business Reports
Accounting Basics
Income Statement
Balance Sheet