money

getting, managing and storing your money

WARNING! DOING MATHS ALERT!

(YOU'LL BE FINE - JUST THINK OF THE MONEY!)

  • Have you got enough to buy supplies to start with?  This includes materials for your PRODUCTS, things you need to provide your SERVICE or costs for any MARKETING you want to do.

  • Can you afford to buy a DOMAIN NAME for your WEBSITE? 

  • If not, how will you get this money? (eg Parents, or part-time job.)

  • How much will you charge for your PRODUCTS or SERVICES?

  • Make sure this is more than the UNIT COST, so you make a PROFIT.

  • Have you got a bank account you can use to buy supplies and receive payment? 

  • If you start making a lot of money, you need to think about paying INCOME TAX on your PROFITS and maybe also ‘VAT’ on the things you sell. 

Where you see this sign, ask a parent or guardian for help.

 © 2020 Venture Adventures Ltd. 

           VENTURE

          ADVENTURES

are trade marks of Venture Adventures Ltd. 

All rights reserved.

Venture Adventures Ltd is a company registered in England:

No. 10945199. 

 

Registered office: First Floor Telecom House, 125-135 Preston Road,

Brighton, England BN1 6AF 

VAT Registration No. 332 4155 33