Time for Business – Lesson 1 – The Idea

 

Write up your idea in a word document and include the following:

1) What is your business idea?

2) How will you make money from this idea?

3) How much will it cost to set up? Think about materials, things you may need to buy to set up, people or things you may need to hire

4) How much money could it make?

5) How much profit will you get?  This is the amount of money you get minus the amount it cost you to run

6) Why is your business a good idea?

7) How do you know people want your business?  Do you know that people will come to your event or buy your product?

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