Starting a Business

Starting a Business

How do businesses become financially successful?
Subjects: Mathematics
Grade Level: Elementary
Timeframe: 15-20 hours

Final Product

Student teams develop business plans for a new business concept.

Project Description

Elementary school students are natural entrepreneurs. As students are encouraged to create and plan a business, they develop key mathematical skills involving operations, grouping, and decimals, as well as competence in areas of technology, communication, and collaboration.

Key Standards


MATH.PRACTICE.MP2 Reason abstractly and quantitatively. MATH.PRACTICE.MP4 Model with mathematics.
MATH.PRACTICE.MP5 Use appropriate tools strategically.
MATH.CONTENT.5.OA.A.1 Use parentheses, brackets, or braces in numerical expressions, and evaluate expressions with these symbols.
MATH.CONTENT.5.NBT.A.3 Read, write, and compare decimals to thousandths.
MATH.CONTENT.5.NBT.A.4 Use place value understanding to round decimals to any place.

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Project Essentials
The Project