Math on the Job: Building a Business

Math on the Job: Building a Business book cover — Contents 4 6 7 13 14 15 16 20 28 Starting a Business Career One Pet Store Owner Think Like a Pet Store Owner Math Toolbox Finding the Best Deal Career Pathways Pet Store Owner Career Two Bakery Owner Think Like a Future Baker Math Toolbox Student Wage Career Pathways Bakery Owner Career Three Video Game Designer Think Like a Video Game Designer Math Toolbox Fractions Career Pathways Video Game Designer Learning More Career 1 Answers Glossary Careers 1 2 Answers Index Author’s Bio Careers 2 3 Answers 21 22 23 29 30 31 32 Please note The standard and metric systems are used interchangeably throughout this book 3

Math on the Job: Building a Business — page 1 — Starting a Business Creating your own business is an opportunity to use your own gifts and abilities to make a living doing what you enjoy Entrepeneurs are people who start up and manage their own businesses They are often excited and enthusiastic about their businesses and look forward to going to work each day Imagine if you built your very own business one day Every new business starts out with an idea 4

Math on the Job: Building a Business — page 2 — Entrepreneurs start with an idea about a product or service that people would be willing to pay for Then they create business plans to organize how their business will run and outline what they need to do to be successful During this planning stage entrepreneurs use math skills to estimate how much it will cost to start up and run their businesses and how much to charge for their products or services These estimations help entrepreneurs decide if their business ideas are ready to put into action Some entrepreneurs sell a product and others offer a service A service is work someone does for someone else such as hairstyling or tutoring 5

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