Talk to students about the types of expenses that are associated with opening up and running a business and there is a practice activity as well.

This lesson teaches students about forms of business ownership. First, use the Discussion Guide (found in Task 1) to teach students about this concept. Then, use the activity (found in Task 2) to assess their understanding. This activity asks students to read short cases and determine the form of business ownership or ownership strategy that each case depicts. An answer key is included in the Resource Library. A full lesson module related to this concept can be found on the MBA Learning Center. Visit mba.instructure.com and search for "BL:001" in the Commons. 

This unit is an exceprt from the MBA Research and Curriculum Principles of Entrepreneurship Course Guide. Course Guides include recommended performance indicators, sequencing, instructional objectives, resources, and activities for students. The full course includes 11 more units focused on generating ideas, establishing a business, and more. To access the full course guide, visit mbastatesconnection.mbaresearch.org and select "Course Guides" under "Curriculum and Instruction."Use this as a guide to teaching a unit about determining feasibility. Each task is related to one performance indicator in the unit. First, use the learning objectives to teach students the important components of a topic. Then, use the activity to engage students and reinforce learning. The online and textbook resources in each tasks can be used to extend learning.