What do you learn in Virtual Enterprise?

Business Education

§ Entrepreneurship

§ Economics

§ Business and Human Resources Law

o Employee Manual/Staff Development

o Hiring, Firing, Employee Accidents and Complaints

§ Marketing Concepts (Marketing Plan/Strategy, Trade Fairs)

§ Accounting

o Payroll, Accounts Receivable, Accounts Payable

o Financial Statements

o Real-world software (QuickBooks)

§ Information Technology

o Web Page Design

o Photo Editing and Video Production

§ Sales Processing/ Collecting and Analyzing Data

§ Customer Service/Business Communications

§ Management Skills – Leadership, employee motivation

§ Organization, prioritization, time management

§ Stock Market Game

§ Real World Business Partnerships

§ Public Relations/ Networking

§ Politics and Business (How Government Decisions Affect Business)

o Current Events

o How businesses have a voice in policy making

Work Ethics

§ Accountability – to themselves and other employees

§ Punctuality/Attendance

§ Dedication and Motivation (contributing to the group)

§ Positive Attitude

§ Compete Fairly

§ Responsibility and consequences

Financial Literacy

§ Bank Accounts

o Checkbook reconciliation, check writing, online bill pay

§ Timely payment of monthly bills

§ Creating a monthly budget (personal and company)

§ Insurance (Health, Auto, Life)

§ Credit (Building credit, interest rates, time value of money)

§ Saving (Investing in yourself, pay yourself first)

§ Investing (Compound interest, stocks, etc.)

§ Taxes (Where money goes; should it?)

o Filling out real tax forms using W-2’s and 1099’s

§ Loans

Technical Skills

§ Computer Skills (Microsoft Office Programs, QuickBooks, Photo editing and web design software)

§ Interview Skills (Preparations &Mock interviews)

§ Resume & Cover letter writing

§ Portfolio Construction

§ E-Commerce

§ Video Sales and Conferencing