<< Chapter < Page Chapter >> Page >

English first additional language

Grade 8

Entrepreneurship: wheels can give you wings!

Module 7

Starting your business

Activity 1:

Going into business on your own!

[lo 3.8.2]

We live in a world where you seldom get anything for nothing. Which means we all need money. How do you earn extra money when you are still at school? Of course you can do part-time work if you are old enough. There are several ways - like baby-sitting or shelf stacking at the supermarkets - in which you can earn a few rands.

But what about a steady income ? Wouldn’t it be good to look forward to a steady income: to be able to plan your spending, to save up for a dream, to buy small things you need, to have something left to share with others? You can achieve these ideals if you start a business in order to make a profit.

A person who starts a business is called an ___________________________

The answer to the riddle above is hidden in the twelve sentences below . Each sentence contains a word printed in bold. Write down the first letter of each of these words in the blocks provided above. Keep them in the given order.

The Special Qualities of an __________________________________

1. He makes money in an enterprising way.

2. He can spot a need people have and he supplies what they are looking for.

3. He has a clear target towards which he works.

4. He keeps an accurate record of buying and selling and hours spent working.

5. He is enthusiastic about what he does.

6. He transforms his talents, skills and energy into profit .

7. A business requires hard work, but hard work pays!

8. He keeps his ears open so that he can hear what people want or need.

9. He offers his products or services in a new and refreshing way.

10 He keeps his eyes open to see what services might be needed.

11. He understands that advertising is vital.

12. He knows his hard work will reward him in rands and cents.

Write down the definition of an entrepreneur.

Activity 2:

Starting your business

A business starts with an idea.

Are you going to . . .

  1. Buy or sell?
  2. Provide a service?
  3. Produce and market your own product?
  4. Put your skills and talent to work?

Consider these four points carefully. List your ideas.

You have three minutes to work on your own.

Activity 3:

Developing your idea

[lo 4.1.2]

Your idea might be brilliant and smart, but you will need a business plan if you want to get it going. A business plan is like a road map - it shows you where you are going and keeps you on track.

Using your best idea , consider the following FOUR business basics:

What do I intend doing?

How do I intend doing it?

When do I intend doing it?

Why do I think this will succeed?

Imagine you are planning to start the Afribike venture. Draw up a simple business plan by filling in the answers in the table below.

AFRIBIKE
  1. What are we going to do?
2. How/where are we going to get bicycles to sell?
3. When are we going to sell these bicycles?
4. Why is our scheme sure to succeed?

Activity 4:

Planning your own business enterprise

[lo 4.1.3]

Think carefully about the kind of business you intend starting.

ARE YOU GOING TO . . .

1. buy and sell?

Questions & Answers

how do I set up the problem?
Harshika Reply
what is a solution set?
Harshika
find the subring of gaussian integers?
Rofiqul
hello, I am happy to help!
Shirley Reply
please can go further on polynomials quadratic
Abdullahi
I need quadratic equation link to Alpa Beta
Abdullahi Reply
find the value of 2x=32
Felix Reply
divide by 2 on each side of the equal sign to solve for x
corri
X=16
Michael
Want to review on complex number 1.What are complex number 2.How to solve complex number problems.
Beyan
use the y -intercept and slope to sketch the graph of the equation y=6x
Only Reply
how do we prove the quadratic formular
Seidu Reply
hello, if you have a question about Algebra 2. I may be able to help. I am an Algebra 2 Teacher
Shirley Reply
thank you help me with how to prove the quadratic equation
Seidu
may God blessed u for that. Please I want u to help me in sets.
Opoku
what is math number
Tric Reply
4
Trista
x-2y+3z=-3 2x-y+z=7 -x+3y-z=6
Sidiki Reply
Need help solving this problem (2/7)^-2
Simone Reply
x+2y-z=7
Sidiki
what is the coefficient of -4×
Mehri Reply
-1
Shedrak
the operation * is x * y =x + y/ 1+(x × y) show if the operation is commutative if x × y is not equal to -1
Alfred Reply
An investment account was opened with an initial deposit of $9,600 and earns 7.4% interest, compounded continuously. How much will the account be worth after 15 years?
Kala Reply
lim x to infinity e^1-e^-1/log(1+x)
given eccentricity and a point find the equiation
Moses Reply
A soccer field is a rectangle 130 meters wide and 110 meters long. The coach asks players to run from one corner to the other corner diagonally across. What is that distance, to the nearest tenths place.
Kimberly Reply
Jeannette has $5 and $10 bills in her wallet. The number of fives is three more than six times the number of tens. Let t represent the number of tens. Write an expression for the number of fives.
August Reply
What is the expressiin for seven less than four times the number of nickels
Leonardo Reply
How do i figure this problem out.
how do you translate this in Algebraic Expressions
linda Reply
why surface tension is zero at critical temperature
Shanjida
I think if critical temperature denote high temperature then a liquid stats boils that time the water stats to evaporate so some moles of h2o to up and due to high temp the bonding break they have low density so it can be a reason
s.
Need to simplify the expresin. 3/7 (x+y)-1/7 (x-1)=
Crystal Reply
. After 3 months on a diet, Lisa had lost 12% of her original weight. She lost 21 pounds. What was Lisa's original weight?
Chris Reply
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get the best Algebra and trigonometry course in your pocket!





Source:  OpenStax, English first additional language grade 8. OpenStax CNX. Sep 11, 2009 Download for free at http://cnx.org/content/col11042/1.1
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'English first additional language grade 8' conversation and receive update notifications?

Ask