This packet is to be completed with you group members.

Please attach a
separate sheet listing all your sources of information. Please show all equations
and justifications for answers. You will submit this completed packet to the
teacher and await feedback before proceeding on the to “Individual Store
Owner Packet”.

Please list all participants names here:

Look for Opportunities to:

- Add up portions of budget to calculate total working monthly budget.

- Retroactively calculate each portion of budget as lowest term fraction of total budget.
- Express unit price of procured goods as fraction.
- Multiply totally working budget to find contingency fund of 30%.
- Express sub-groups of populations as fractions and percentages of total population.
1. What is your store’s name?

2. What is your Store’s logo? Please attach on a separate sheet of paper.

3. What is your store’s slogan?

4. What industry is your business competing in?

5. How much money each month will you budget for each category below? Express each as a
currency amount, as well as a fraction and percentage of your total budget.

a. Utilities

Electricity:

Heat:

Water:

Phone/Internet:

Security system:

b. Rent
c. Merchandise: List at least 12 items you will sell at your store, and how much they cost
from the supplier. Include quantity provided for price.

1.______________________ 11.__________________________

2.______________________ 12.__________________________

3.______________________ 13.__________________________

4.______________________ 14.__________________________

5.______________________ 15.__________________________

6.______________________ 16.__________________________

7.______________________ 17.__________________________

8.______________________ 18.__________________________

9.______________________ 19.__________________________

10._____________________ 20.__________________________

d. Operational supplies: List items that you will need to function as a business open to
the public and how much you will spend on these items each month.
 e. Advertising/ marketing: What type of advertisements will your store have? How much
money will you spend on marketing your company each month?

f. Contingency budget= 30% of monthly budget: How much money will you ‘put aside’
for unforeseen expenses each month?

 According to these calculations, how much is your total monthly budget?

6. Who is your target demographic? List at least 3 sub-groups you are targeting.
 7. What percentages of the population falls into each of your target demographic groups?

Teacher Feed Back

After initially submitting this Business Proposal, the Teacher will return it to your group with thoughts, concerns,
and corrections that needed to be addressed before final submission.
Scoring Rubric Commented [Office1]: Make Rubric more descriptive so
students can better understand the difference in qualities of
Group Store Front 0 4 8 12 16 TOTAL
work.
Project
Group Business Students did • Students show • Students show • Students show good • Students show
Proposal not submit minimal knowledge of knowledge of the understanding of the formulas complete understanding
proposal the formulas required formulas required for required for each task in the of the formulas required
for each task in the each task in the project project and use the necessary for each task in the
project or do not and attempt to use the equations correctly. project and use the
attempt to use the necessary equations. • Students provide sufficient necessary equations
necessary equations. • Students provide responses that includes correctly.
• Students provide acceptable responses appropriate application of • Students provide
unacceptable that utilize some key concepts and demonstrates insightful responses that
responses that do not ideas from the unit. thorough understanding of provide proof of
utilize the concepts • The project and the unit's material. integrating knowledge
from the unit. presentation of materials • The project and from the unit, and
• The project and show evidence of basic- presentation of materials demonstrate mastery of
presentation of level thinking skills. show some evidence of higher the unit's material.
materials show • The responses provided order thinking skills. • The project and
incomplete or show minimal utilization • Concepts utilized for each presentation show
fragmented ideas or of the unit’s concepts. task are accurate and applied extensive evidence of
knowledge. • Students submitted appropriately. higher order thinking skills
• The responses packet and it was • Students submitted packet • Concepts utilized for
provided show minimal complete but many and it is complete with each task are accurate
or no utilization of the errors were made. minimal errors and applied
unit’s concepts. appropriately.
• Students submitted • Students submitted
packet but some work packet and it is
was missing or complete with no errors
incomplete.
 Students • Students submitted • Students submitted • Students submitted packet • Students submitted
Final Packet submitted packet and corrections packet and corrections and corrections were made packet and corrections
Submission packet but were made with some were made with some with minimal errors. were made with no
no errors. errors. • Work submitted is well- errors.
corrections • Work submitted is • Work submitted is organized, clear, and shows • Work submitted is
were made legible and shows legible and shows effort significant care was taken to well-organized, clear,
effort was made to was made to present a present a polished final and shows care was
complete final product.
present a complete product. taken to present a
• Knowledge of content
final product. • Knowledge of content was polished final product.
was displayed at some
• Knowledge of points throughout the displayed and evident • All materials are
content was displayed project. throughout project. masterfully completed
at some points • All material were • All materials were submitted and submitted on-time.
throughout the project. submitted but and corrections were made • Students submitted
• All material were corrections were made with minimal errors. packet and corrections
submitted but incorrectly or were made with no
corrections were made incompletely. errors.
incorrectly or
incompletely.