Lesson 4: Estimating Costs

This lesson introduces students to the types of expenses a business will incur.

Required Outcomes

  • Teams will create a list of startup items including a cost estimate for their product or service
  • Teams will begin to source where they can find estimates to the costs they will incur

Estimating Costs

Estimating Costs

One member of your group should make a copy of the document below and place it in your team’s shared folder. Each team will use this document to estimate the costs associated with starting and operating their business.