Embedded Files
Big Idea
Big Idea
- Businesses earn income by selling goods or services, but businesses also have costs.
- Businesses need to cover their costs and make a profit.
- Businesses have risks, which can affect costs, income, and profit.
Financial understanding
Financial understanding
In this activity, there are lots of aspects to consider when starting up a small business and that even though selling products to help meet a goal, there are expenses to cover as well as risks to think about. Risks need to be considered before making a financial decision.
Students consider:terms such as costs, income, and profitnumerical value of a dozenthe meaning of @how many days/weeks are in a month.
Task 1 - Individual Activity
Task 1 - Individual Activity
Click the link above and answer the questions creating a sheet to show your working out.
Learn
Learn
use Google sheets to calculate costs
use sheets to calculate costs per month and per year
use sheets to calculate money earnt
Create
Create
table of rows and columns to show your working out
Share
Share
Share your link on the tracking sheet
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