The students in Year 12 Foundation Maths recently learned how to establish a successful business. They investigated the demand for the business in the area and decided what business they want to establish.
They also investigated the cost of renting, furniture, finance, staff, electricity, technology, insurance, transport and raw materials. They developed a business plan, to set the price for their business and to pay for the tax. The students also studied different types of contributions into superannuation and how to minimise the tax legally.