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Scaling Up

CONCEPTUAL
Life Skills›Entrepreneurship|Ages 9—11|ID: mt_7SsduPB2tP

What happens when a small business grows; making more products, hiring people, reaching more customers; the challenges and opportunities of scaling

Mastery Evidence

  • Describe what 'scaling up' means for a business
  • Identify at least two challenges of growing a business (need more money, more people, more materials)
  • Explain how a lemonade stand could grow into a bigger business step by step

Assessment Prompt

“Could [child] explain what would need to change if their small school-fair business became so popular that lots more people wanted to buy from them?”

Prerequisites3

Show full prerequisite tree
  • Costs & Revenue hard

    Must understand costs/revenue before grasping challenges of growing a business

    • Making Change soft

      Cross-domain: making change skills (Money & Finance) support profit calculation

      • Money Addition & Subtraction soft

        Curriculum money problem-solving (Maths Y2) provides arithmetic foundation for making change

      • Adding money and giving change soft

        Finding coin combinations (Maths Y2) supports change calculation

      • Coins & Notes hard

        Must recognise coin/note values before calculating change

        • Coin Values soft

          Curriculum coins/notes recognition (Maths Y1) underpins exploratory coin knowledge

          • Reading and writing numbers to 20 hard

            Recognising coin values requires reading numerals (1, 2, 5, 10, 20, 50)

            • How Many in Total? hard

              Reading/writing numerals 0–20 requires understanding that numerals represent quantities (cardinality)

              • One-to-one counting hard

                Cardinality principle builds on one-to-one correspondence — you must count correctly to know the last number tells 'how many'

            • Writing digits 0-9 hard

              Writing numerals requires the motor skill of forming digits 0-9 (taught in English handwriting)

        • What Money Is hard

          Must understand what money is before learning to recognise specific coins and notes

      • Buying Things hard

        Must understand buying transactions before calculating change

        • Coins & Notes hard

          Must recognise coins/notes and their values before practising buying transactions

          • Coin Values soft

            Curriculum coins/notes recognition (Maths Y1) underpins exploratory coin knowledge

            • Reading and writing numbers to 20 hard

              Recognising coin values requires reading numerals (1, 2, 5, 10, 20, 50)

              • How Many in Total? hard

                Reading/writing numerals 0–20 requires understanding that numerals represent quantities (cardinality)

                • One-to-one counting hard

                  Cardinality principle builds on one-to-one correspondence — you must count correctly to know the last number tells 'how many'

              • Writing digits 0-9 hard

                Writing numerals requires the motor skill of forming digits 0-9 (taught in English handwriting)

          • What Money Is hard

            Must understand what money is before learning to recognise specific coins and notes

        • What Money Is hard

          Must understand money as exchange medium before practising transactions

    • Making a Simple Plan hard

      Must understand planning before learning about costs and revenue

      • Budgeting Pocket Money soft

        Cross-domain: budgeting pocket money (Money & Finance) provides planning foundation

        • Needs & Wants hard

          Must understand needs vs wants to make budget trade-offs

          • What Money Is hard

            Must understand money exists and is limited before distinguishing needs from wants

        • Buying Things soft

          Buying experience helps with realistic budgeting

          • Coins & Notes hard

            Must recognise coins/notes and their values before practising buying transactions

            • Coin Values soft

              Curriculum coins/notes recognition (Maths Y1) underpins exploratory coin knowledge

              • Reading and writing numbers to 20 hard

                Recognising coin values requires reading numerals (1, 2, 5, 10, 20, 50)

                • How Many in Total? hard

                  Reading/writing numerals 0–20 requires understanding that numerals represent quantities (cardinality)

                  • One-to-one counting hard

                    Cardinality principle builds on one-to-one correspondence — you must count correctly to know the last number tells 'how many'

                • Writing digits 0-9 hard

                  Writing numerals requires the motor skill of forming digits 0-9 (taught in English handwriting)

            • What Money Is hard

              Must understand what money is before learning to recognise specific coins and notes

          • What Money Is hard

            Must understand money as exchange medium before practising transactions

        • Saving Money hard

          Must understand saving concept before budgeting a fixed amount

          • Needs & Wants soft

            Understanding needs vs wants helps motivate saving decisions

            • What Money Is hard

              Must understand money exists and is limited before distinguishing needs from wants

          • What Money Is hard

            Must understand what money is before learning to save it

      • Having a Business Idea hard

        Must have a business idea before making a plan for it

        • Making Something to Sell hard

          Must have experience making something to sell before generating business ideas

          • Needs & Wants soft

            Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

            • What Money Is hard

              Must understand money exists and is limited before distinguishing needs from wants

          • Goods & Services hard

            Must know what goods are before creating a product to sell

          • Buyers & Sellers hard

            Must understand exchange before making something to sell

            • Goods & Services hard

              Must understand goods and services before grasping buying and selling

            • What Money Is soft

              Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

        • Who Is a Customer? hard

          Must understand customers before spotting problems to solve for them

          • Making Something to Sell soft

            Making a product helps understand what customers want

            • Needs & Wants soft

              Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

              • What Money Is hard

                Must understand money exists and is limited before distinguishing needs from wants

            • Goods & Services hard

              Must know what goods are before creating a product to sell

            • Buyers & Sellers hard

              Must understand exchange before making something to sell

              • Goods & Services hard

                Must understand goods and services before grasping buying and selling

              • What Money Is soft

                Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

          • Buyers & Sellers hard

            Must understand buyers and sellers before exploring customer concept in depth

            • Goods & Services hard

              Must understand goods and services before grasping buying and selling

            • What Money Is soft

              Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

    • Buyers & Sellers hard

      Must understand buying/selling exchange before grasping revenue concept

      • Goods & Services hard

        Must understand goods and services before grasping buying and selling

      • What Money Is soft

        Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

  • Teamwork in Business soft

    Understanding teamwork is relevant to hiring and managing more people

    • Making a Simple Plan soft

      Having a plan makes it easier to divide work among a team

      • Budgeting Pocket Money soft

        Cross-domain: budgeting pocket money (Money & Finance) provides planning foundation

        • Needs & Wants hard

          Must understand needs vs wants to make budget trade-offs

          • What Money Is hard

            Must understand money exists and is limited before distinguishing needs from wants

        • Buying Things soft

          Buying experience helps with realistic budgeting

          • Coins & Notes hard

            Must recognise coins/notes and their values before practising buying transactions

            • Coin Values soft

              Curriculum coins/notes recognition (Maths Y1) underpins exploratory coin knowledge

              • Reading and writing numbers to 20 hard

                Recognising coin values requires reading numerals (1, 2, 5, 10, 20, 50)

                • How Many in Total? hard

                  Reading/writing numerals 0–20 requires understanding that numerals represent quantities (cardinality)

                  • One-to-one counting hard

                    Cardinality principle builds on one-to-one correspondence — you must count correctly to know the last number tells 'how many'

                • Writing digits 0-9 hard

                  Writing numerals requires the motor skill of forming digits 0-9 (taught in English handwriting)

            • What Money Is hard

              Must understand what money is before learning to recognise specific coins and notes

          • What Money Is hard

            Must understand money as exchange medium before practising transactions

        • Saving Money hard

          Must understand saving concept before budgeting a fixed amount

          • Needs & Wants soft

            Understanding needs vs wants helps motivate saving decisions

            • What Money Is hard

              Must understand money exists and is limited before distinguishing needs from wants

          • What Money Is hard

            Must understand what money is before learning to save it

      • Having a Business Idea hard

        Must have a business idea before making a plan for it

        • Making Something to Sell hard

          Must have experience making something to sell before generating business ideas

          • Needs & Wants soft

            Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

            • What Money Is hard

              Must understand money exists and is limited before distinguishing needs from wants

          • Goods & Services hard

            Must know what goods are before creating a product to sell

          • Buyers & Sellers hard

            Must understand exchange before making something to sell

            • Goods & Services hard

              Must understand goods and services before grasping buying and selling

            • What Money Is soft

              Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

        • Who Is a Customer? hard

          Must understand customers before spotting problems to solve for them

          • Making Something to Sell soft

            Making a product helps understand what customers want

            • Needs & Wants soft

              Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

              • What Money Is hard

                Must understand money exists and is limited before distinguishing needs from wants

            • Goods & Services hard

              Must know what goods are before creating a product to sell

            • Buyers & Sellers hard

              Must understand exchange before making something to sell

              • Goods & Services hard

                Must understand goods and services before grasping buying and selling

              • What Money Is soft

                Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

          • Buyers & Sellers hard

            Must understand buyers and sellers before exploring customer concept in depth

            • Goods & Services hard

              Must understand goods and services before grasping buying and selling

            • What Money Is soft

              Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

  • Financial Planning soft

    Cross-domain: financial planning (Money & Finance) supports understanding business growth finances

    • Budgeting Pocket Money hard

      Must understand basic budgeting before longer-term financial planning

      • Needs & Wants hard

        Must understand needs vs wants to make budget trade-offs

        • What Money Is hard

          Must understand money exists and is limited before distinguishing needs from wants

      • Buying Things soft

        Buying experience helps with realistic budgeting

        • Coins & Notes hard

          Must recognise coins/notes and their values before practising buying transactions

          • Coin Values soft

            Curriculum coins/notes recognition (Maths Y1) underpins exploratory coin knowledge

            • Reading and writing numbers to 20 hard

              Recognising coin values requires reading numerals (1, 2, 5, 10, 20, 50)

              • How Many in Total? hard

                Reading/writing numerals 0–20 requires understanding that numerals represent quantities (cardinality)

                • One-to-one counting hard

                  Cardinality principle builds on one-to-one correspondence — you must count correctly to know the last number tells 'how many'

              • Writing digits 0-9 hard

                Writing numerals requires the motor skill of forming digits 0-9 (taught in English handwriting)

          • What Money Is hard

            Must understand what money is before learning to recognise specific coins and notes

        • What Money Is hard

          Must understand money as exchange medium before practising transactions

      • Saving Money hard

        Must understand saving concept before budgeting a fixed amount

        • Needs & Wants soft

          Understanding needs vs wants helps motivate saving decisions

          • What Money Is hard

            Must understand money exists and is limited before distinguishing needs from wants

        • What Money Is hard

          Must understand what money is before learning to save it

    • Banks & Saving hard

      Must understand banking and interest before planning long-term savings goals

      • Looking After Money soft

        Understanding money safety motivates why banks are useful

        • Coins & Notes hard

          Must know what coins and notes are before learning to look after them

          • Coin Values soft

            Curriculum coins/notes recognition (Maths Y1) underpins exploratory coin knowledge

            • Reading and writing numbers to 20 hard

              Recognising coin values requires reading numerals (1, 2, 5, 10, 20, 50)

              • How Many in Total? hard

                Reading/writing numerals 0–20 requires understanding that numerals represent quantities (cardinality)

                • One-to-one counting hard

                  Cardinality principle builds on one-to-one correspondence — you must count correctly to know the last number tells 'how many'

              • Writing digits 0-9 hard

                Writing numerals requires the motor skill of forming digits 0-9 (taught in English handwriting)

          • What Money Is hard

            Must understand what money is before learning to recognise specific coins and notes

      • Saving Money hard

        Must understand saving before learning about banks as saving institutions

        • Needs & Wants soft

          Understanding needs vs wants helps motivate saving decisions

          • What Money Is hard

            Must understand money exists and is limited before distinguishing needs from wants

        • What Money Is hard

          Must understand what money is before learning to save it

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