Grade 5 · Social Studies · Lesson 21

Entrepreneurship project

An ENTREPRENEUR is a person who starts a business. They notice a problem people have, dream up a way to solve it, and then build a small business to sell that solution. The world\u2019s biggest companies all started as one person with an idea — a kid selling lemonade is doing exactly the same job, just smaller. The skill that turns a daydream into a real business is called a BUSINESS PLAN.

What this lesson teaches

1Define entrepreneur and business plan
2Identify the parts of a business plan
3Calculate profit from price and cost
4Plan a simple kid-friendly business

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