All worksheets / Entrepreneurship
Edition 2026Active Merit Badge
Entrepreneurship
Official Requirements & Fillable Workbook · 2026 Edition
Entrepreneurship explores how enterprising individuals turn ideas into viable businesses. You will define the role of entrepreneurs in the economy, analyze key entrepreneurial skills, interview a practicing business founder, brainstorm and pitch new business concepts, write a detailed 5-part business plan (product, market analysis, finances, personnel, and marketing with flyer design), and evaluate operations, risk management, and ethics.
Key Requirements Covered:
- Ideation & Market Opportunity Analysis
- Business Plan Formulation & Budgeting
- Marketing, Branding & Customer Service
- Enterprise Launch & Risk Management
7Printable Pages
6Requirements
2014Reqs Revised
What is on the worksheet: Entrepreneurship Requirements
Every requirement for the Entrepreneurship merit badge, word for word as published, with room to write under each one on the printed worksheet.
1Definition and Economic Impact
In your own words, define entrepreneurship. Explain to your counselor how entrepreneurs impact the U.S. economy.
2Essential Entrepreneurial Skills
Explain to your counselor why having good skills in the following areas are important for an entrepreneur: communication, planning, organization, problem solving, decision making, basic math, adaptability, technical and social skills, teamwork, and leadership.
3Entrepreneur Interview
Identify and interview an individual who has started a business. Learn about this person's educational background, early work experiences, where the idea for the business came from, and what was involved in starting the business. Find out how the entrepreneur raised the capital (money) to start the business, examples of successes and challenges faced, and how the business is currently doing (if applicable). Discuss with your counselor what you have learned.
4Business Idea Generation and Selection
Think of as many ideas for a business as you can, and write them down. From your list, select three ideas you believe represent the best opportunities. Choose one of these and explain to your counselor why you selected it and why you feel it can be successful.
5Written Business Plan
Create a written business plan for your idea that includes all of the following:
- a Product or Service
- b Market Analysis
- c Financial
- d Personnel
- e Promotion and Marketing
6Business Feasibility, Ethics, and Problem Solving
When you believe your business idea is feasible, imagine your business idea is now up and running. What successes and problems might you experience? How would you overcome any failures? Discuss with your counselor any ethical questions you might face and how you would deal with them.
Two dates, two different things
Requirements Revision vs. Worksheet Date
Scouting America last revised the Entrepreneurship requirements in 2014. That is the badge, not this sheet — an older year does not mean the worksheet is out of date.
Verbatim Fidelity & Verification
This worksheet was checked against https://www.scouting.org/merit-badges/entrepreneurship/ in Aug 2026 and reproduces the requirements word for word. Both dates are printed on the sheet, so a copy in a binder can always be placed in time.
Requirement text is © Scouting America, reproduced verbatim. The worksheet layout and design are original to this project.
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