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Life SkillsEntrepreneurshipAges 9–11

Scaling Up

What happens when a small business grows; making more products, hiring people, reaching more customers; the challenges and opportunities of scaling

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Could your child explain what would need to change if their small school-fair business became so popular that lots more people wanted to buy from them?

What happens when a small business grows; making more products, hiring people, reaching more customers; the challenges and opportunities of scaling

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Check understanding

  • Describe what 'scaling up' means for a business
  • Identify at least two challenges of growing a business (need more money, more people, more materials)
  • Explain how a lemonade stand could grow into a bigger business step by step
“Could your child explain what would need to change if their small school-fair business became so popular that lots more people wanted to buy from them?”

Curriculum record

Type
Conceptual
Subject
Life Skills
Domain
Entrepreneurship
Age range
Ages 9–11