This teacher guide provides materials for a high school course designed to acquaint students with the theory of the marketplace and the U.S. free enterprise system while allowing them to have hands-on activities that could lead them to starting a small business. A major portion of the content is delivered by community business resource persons with the administration and supervision of the course of study in the hands of one or more professional educators. The designated time frame is 48 hours of contact instruction. A topical outline and checklist for teacher preparation are provided. The guide is divided into 14 units. A chart for each unit contains student objectives, allocated time, content, and teaching tips. Unit topics are introduction to small business, opportunities in small business, capital, legal and tax aspects of small business, business insurance and information, marketing and marketing research, selecting a location and planning the physical layout of a small business, merchandise cycle, capital outlay and estimating cash flow, developing cash flow statement, professionals working with small business, business records, personnel management, and visit with a loan officer. (YLB)