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Business II: Understanding Business Costs

Today we are going to talk about a furniture making small business ↓

Let’s say you want to have a small furniture making business and a shop to sell the furniture you make. ↓

Copy of Cream Simple Budget Pie Chart Graph (2)

What would be some of your main expenditures? ↓

Now, let’s see if you can answer the following ↓

Copy of Cream Simple Budget Pie Chart Graph (3)

Now, let’s see if you can answer a more complex question ↓

Copy of Cream Simple Budget Pie Chart Graph (4)

In this question, how much do you get from selling each table?


If you got right answers – well done! If not – well done for trying!

This means that you need that amount of sold tables to cover your rent and the raw materials. But wait… we haven’t considered for your salary yet!

And here is a question: ↓

Excellent and well done for today!!

Now, let us know 3 main things you’ve learned today

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