Read chapter 6 in the text book at: http://www.liebowitzentrepreneurprogram.org

Part 1: Using the list of expenses at end of chapter 6 as a starting point, create your own list of expenses specific to the business you want to get into. If you do not yet have a particular business in mind, choose a business you might be interested in getting into. After you have listed all the start-up and recurring expenses pertinent to that business, estimate the costs of each expense, figuring the recurring expenses over the course of a year. Now add the list up. This is your best-guess estimate of the money you will need to capitalize your start-up. Yes, some of these expenses will be offset by income generated by the business, but there are bound to be unexpected expenses not covered on the list, and/or expenses for which you have underestimated the cost.

Extra Credit Current Events:
Read an article on entrepreneurship online from one of the sources here: http://www.liebowitzentrepreneurprogram.org/links.html
and summarize in three paragraphs or less what you learned from the article. Please put a link to the article you referenced.