Setting up Your Own Business
This activity helps learners begin to consider some issues involved in setting up their own business by making an initial, outline, mathematical model of the costs involved in setting up a business. Learners are required to work in small groups to create a poster showing the factors they would take into account, and to produce a table showing the outline costs of setting up the business and running it for the first year. Learners who are familiar with spreadsheets could produce this table using a simple spreadsheet.
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