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Entrepreneurship SAE
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How are goals set for an entrepreneurship SAE? SAE Program Goals: –starting place for SAE –define desired outcomes –provide motivation Scope: –number of animals, acres, bushels, etc. –efficiency factors (bu/acre) –hours of work
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How are goals set for an entrepreneurship SAE? Involvement –tasks to be performed by who? –competencies to be developed Awards –FFA Degrees, Proficiency awards Long-Range SAE goals –road map –identify ways to expand –identify assistance needed –measure of success
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How are entrepreneurship SAE programs started? Careful Planning Site of SAE People involved Financial arrangements Record keeping Materials, services, labor contributions Timetable
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How is an entrepreneurship SAE planned? Budget –Anticipated Income & Expenses Financing –How much, where? Keeping Records –What kind of records, how? Selecting animals, crops etc.
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Why are SAE records so important? Record keeping is a life-long skill Show progress or lack of Aid in future planning Acquiring credit Decision making Income taxes REQUIRED for degrees and awards
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