FBLA teams may compete in the monthly TeamSmarts quizzes, and compete in the FBLA LifeSmarts Competitive Event through FBLA. Winning teams from the fall and spring competitions qualify to compete in person at the FBLA National Leadership Conference in the summer.
Varsity and JV teams are open to everyone, including FBLA chapters. Varsity players qualify through online quizzes before advancing to state competitions, which lead to the National LifeSmarts Championship in April.
A coach may create teams of multiple team types. Players may compete on both an FBLA and a Varsity or JV team.