This curriculum guide is designed to help teachers conduct courses on small business management and entrepreneurship to high school seniors in Arkansas. The program focuses upon the managerial process, examining the functions of planning, organization, staffing, directing, and controlling as related to the activities and responsibilities of the supervisor or administrator. Instruction in accounting procedures can be included, and leadership development, positive self-image, and attitudinal training are componenets of the curriculum. In addition, data processing concepts and microcomputer training are included. Because of the need for better management skills for small business owners, the management component of the program emphasizes small business ownership. Units include advantages and disadvantages of ownership of different types of business, how to start a business, internal organization, financial records, managerial functions, personnel selection and supervision, government regulations, and taxes. The content of the guide is divided into six major parts, organized in 19 units. Each unit contains a unit objective and specific objectives; learning activities and teaching suggestions; and references to books, films, free handout materials, and other resources. A special section contains enrichment projects and special projects including computerized business games and an "establish your own business" project. Appendixes to the guide contain a checklist for organizing and operating a small business, and lists of materials available from the Small Business Administration. (KC)