Learning By Topic KS2: Entrepreneur and Enterprise and Mathematics

Planning and managing a budget is one of the most important parts of starting up a new business:

What will your costs/initial output be? Will you need money for materials? Rent? Staff?

Would you try and save up before you started and would you consider getting a loan from a bank?

Would you try and get investors on board?

This activity of planning and managing your budget/finances will be ongoing throughout the framework and you may come across new costs throughout (e.g. a website domain). An adult should support you when learning about loans, interests and repayments. Top Tip: You should be able to find some good support material online.