Under this topic, you’ll find resources to aid in teaching your students the basics of business finance like cost, profit and loss, return on investment and more – all in a way that is interactive and fun for your students!
Hands on activities are crucial for learning in the Youth Entrepreneurs classroom. Most students learn values and concepts through experience better than through lecture. Back of the Napkin is an activity that you will be able to apply in many different scenarios in your classroom, and is designed to be a lasting tool for students in all their ventures, present and future. Watch these videos to learn why Back of the Napkin is a great tool and how to use it.
The Dirt and Worms activity allows your students to continue to practice calculating COGS. This activity will set the foundation needed for your students to develop an understanding of pricing and as well as funding.
This lesson will help your students understand how markets work by engaging them in an activity where the price of a product is determined by buyers and sellers voluntarily trading and cooperating with each other.
The Ice Cream Sundae activity allows your students to continue to practice calculating COGS and Price and Profit. This activity will build upon that foundation by adding in labor costs.
The Lego Cost of Goods Sold Activity provides students the opportunity to calculate the cost of goods sold for a prototype they designed. The activity also allows students to understand how those costs effect price and profit potential.