Economics

Is these the world's coolest workplaces? What would yours be like?





=Classwork 14/10: Your Business Plan= On Friday 15/10 we will have a 'Business Expo' where you will pitch your business to class, and then see how much you sell!


 * Business Plan:**
 * 1. Idea.** (Explain very clearly, what your business DOES. Why would people want to do business with you?)
 * 2. Resources Needed.** (Natural, Human, etc.)
 * 3. Advertising** (Create your poster/ad, etc for the expo)
 * 4. Working Conditions** (How will your workers do their work? What benefits can you afford to give them? What hours will they work?)


 * After the Expo:**
 * Write a business report -** What is your business? Would it be profitable? Why?

=Interest:= Focus question: How can interest benefit you? How can it cost you money?

Choose 3-4 different Australian banks/credit unions and decide which one seems to be the best.
 * Bank Accounts and Credit Cards:**

1. Create a table (like the one below) 2. Choose your banks and read their websites - what info are you looking for? Make a note, or write it directly into your table. 3. Once your table is completed decide which bank seems to be the best. Write up your answer and explain why you would choose this one.

@http://www.commbank.com.au/ @http://www.westpac.com.au/ @http://www.policecredit.com.au/ @http://www.bendigobank.com.au @http://www.stgeorge.com.au/ @http://www.anz.com @http://www.boq.com.au/

Eg. **My bank comparison table** Union ||= 5.9% on savings per annum This means if I keep $100 in my account for a year, I will end up with $105.90 at the end. ||= Credit Card - 7.5% per month This means if I put $100 on credit, and don't pay it off at the end of the month, I'll end up owing an extra $7.50, which is $107.50 ||
 * = Name of Bank ||= Interest that can benefit you ||= Interest that can cost you money ||
 * = Karlee Kredit