This study was conducted to develop a comprehensive list of competencies deemed necessary for secondary school business teachers in North Carolina for use in certifying pre-service teachers and in determining the training needs of in-service teachers. A list of 197 competency statements was compiled and grouped into fourteen categories according to overall knowledge of business and professional skills/techniques/methodologies. A reactionnaire was designed and submitted to a class of business teachers at UNC-Greensboro. Resultant revisions created a 161-competency-statement instrument. This 161-item reactionnaire was sent to 30 randomly selected state/ local supervisors of business education from the 12 states in the Southern Business Education Association (SBEA) and to 75 randomly selected North Carolina secondary school business teachers. Revisions resulted in the retention of the 161 items and the addition of one in Data Processing