Making a Simple Plan
Before starting a business, making a simple plan: what will I make or do, who will buy it, what do I need, how much will it cost, and what price will I charge?
What a learner can do afterwards
- Write or draw a simple business plan covering: product, customer, materials needed, and price
- Identify at least three things they would need before they could start selling
- Explain why planning ahead is better than just starting without thinking
1 · Read
Before you start selling anything, it helps to make a simple plan, so you do not run out of supplies or forget your price. A plan answers four questions: What will I make or do? Who will buy it? What do I need to get started? What price will I charge?
Mia wants to sell friendship bracelets at the school fair. Her plan: Product is bracelets. Customer is kids at the fair. Supplies are string and beads. Price is $2 each. If she thinks of one more supply later, she adds it to her list.
If you skip the plan and just start, you might run out of supplies, forget to set a price, or make something nobody wants. A few minutes of planning saves a lot of trouble later.
A simple plan answers four questions: what you'll sell, who will buy it, what you need, and what price you'll charge.
The rewritten readings were written for this dataset.
2 · Watch
Take it off screen
Where it sits
Where this leads
Jobs that lean on this skill. Follow one to see everything it is built on.
8 questions wait behind this lesson, each with its answer explained. Every answer feeds the sky: stars light as they are learned, and dim when it is time to come back.