Entrepreneurship Opportunities

Reading Guide

Be Organized A messy environment can be distracting. To lessen distractions, organize an area where you can read this section comfortably.

Read to Learn

Key Concepts

• Identify small-business opportunities available in foodservice.

• Describe the function of a business plan.

Main Idea

An entrepreneur is someone who creates and runs a business. Entrepreneurs in the foodservice industry open their own businesses, such as caterers, bakeries, or restaurants.

Content Vocabulary

• independent restaurant

• chain restaurant

• overhead cost

• foodservice consultant

• employee recruiter • insurance

• business plan

Academic Vocabulary

Graphic Organizer

Owning your own restaurant has both advantages and disadvantages. Use a pro-con chart like the one below to list the three pros and the three cons of owning a restaurant.

Restaurant Ownership

Graphic Organizer Go to this book's Online Learning Center at glencoe.com for a printable graphic organizer.

You could own your own foodservice business!

prietorship

• partnership

• corporation j free enterprise

• zoning j license

Restaurant Ownership

Pros

Cons

NCTE 12 Use language to accomplish individual purposes.

Mathematics

NCTM Number and Operations Understand the meanings of operations and how they relate to one another.

NCTM Number and Operations Understand numbers, ways of representing numbers, relationships among numbers, and number systems.

NCSSVIIB Analyze the role supply and demand play in determining what is produced.

NCTE National Council of Teachers of English NCTM National Council of Teachers of Mathematics

NSES National Science Education

Standards NCSS National Council for the Social Studies

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