This module on owning and operating an answering service is one of 36 in a series on entrepreneurship. The introduction tells the student what topics will be covered and suggests other modules to read in related occupations. Each unit includes student goals, a case study, and a discussion of the unit subject matter. Learning activities are divided into individual activities, discussion questions, and a group activity. Units (and subject matter) in this module are planning your business (different types of services and their clients; competition; legal requirements); choosing a location (elements to consider); getting money to start (business description; starting money; cost of equipment and an office); being in charge (hiring staff; job description; application form; training staff); organizing the work (signing up clients; the basic message; the special request; old messages); setting prices (how to determine price; what will people pay); advertising and selling (advertising methods; advertising costs); keeping financial records (how to bill; how to keep records); and keeping your business successful (profit/loss statement; how to raise profits; computers). A summary and quiz complete the document. (A teacher's guide is available for this module.) (CT)