Teach your students about earning an income, how to manage money and set financial goals. In addition, develop knowledge of basic business planning and what makes a business successful.
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What is a successful business?
A successful business is a business that realises its goals, intentions, or objectives.
The indicators of a successful…
Economics & Business
Year 7
explainer
How successful is this business?
Read the following scenario then answer the questions that follow.
Scenario
Jo and Sam decided to quit their jobs and…
Economics & Business
Year 7
worksheets
Planning for business success
Why plan?
The first step to business success is planning. Businesses need to make plans for the short- and long-term…
Economics & Business
Year 7
explainer
Developing a business plan
Refer to Planning for business success – Explainer
Fred currently makes money from friends and family by walking…
Economics & Business
Year 7
worksheets
What does it take to become an entrepreneur?
Part 1: Deciding on entrepreneurial capabilities
In groups, decide on the meaning of each quality listed in table 1…
Economics & Business
Year 7
investigation
How and why people earn money
For this activity, you will work in groups of 4. Your group’s task is to investigate answers to the following questions…
Economics & Business
Year 7
investigation
Spender or saver?
Everyone is different. Some people are natural savers, some are natural spenders and others are somewhere in between.…
Economics & Business
Year 7
worksheets
Now you’re in business
As entrepreneurs you are going to open a hypothetical dog-walking business.
Entrepreneurs assume risks and then keep…
Economics & Business
Year 7
worksheets
Where did that fifty dollars go?
Step 1: Determine your financial position
Your weekly income
Your weekly expenses…
Economics & Business
Year 7
worksheets
Snakes and ladders
Student instructions
You are to collaboratively work in groups of 4 to develop a series of questions (and answers) to…
Economics & Business
Year 8
explainer
Government intervention in the economy
Think of as many examples as you can for each of the categories listed below.
Good or service provided by…
Economics & Business
Year 8
worksheets
The benefits of tax
Taxes are a big part of our lives and the government uses them to pay for all kinds of important things, like roads,…