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Business Like Mike Lemonade By: ***** 5th 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
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.