Business Like Mike Lemonade By: ***** 5 th Grader, May 2013
Definitions Business- the selling of goods or services for the sake of earning a profit. Entrepreneur- a person who starts a business Goal- a specific task a person wants to achieve
Goals Make money Be organized Be clean Be nice to workers Give a fair share of pay Have fun!!!
Planning Set a time line Set a budget Set an office Set a location Get employers
Budgeting
Investors Identify who to get money from. Send proposal and discuss. Sign an agreement. Receive the money. Thank you. Keep investor informed. Pay them back when possible.
Saving and Sharing Put money in the bank so you can use it later. Share money with the right people. Take money from bank when needed.
Evaluation Making $1000 a month is good money. The profit is nice. Need to work more days. Put stands around town.