Life Skills·Entrepreneurship·procedural
Making a Simple Plan
Before starting a business, making a simple plan: what will I make or do, who will buy it, what do I need, how much will it cost, and what price will I charge?
Suggested ages 7–9
Evidence of understanding
- Write or draw a simple business plan covering: product, customer, materials needed, and price
- Identify at least three things they would need before they could start selling
- Explain why planning ahead is better than just starting without thinking
Assessment prompt
If Making a Simple Plan wanted to run a small business at a school fair, could they write a simple plan covering what they'd sell, what they'd need, and what they'd charge?
Standards alignment
No external standards are linked to this topic.