What is an Entrepreur?

Erin is bored with her toys and comes up with a toy swap club idea. Her mom explains entrepreneurship, including the risks and responsibilities. Erin learns about planning, capital, and market research. She prepares a pitch and gains her parents' support to start the business.

What problem does Erin face that leads her to think of a toy swap club?

• She wants to make new friends.

• She has too many toys and no space.

• She needs money for a new toy.

• She is bored with her current toys.

What is an entrepreneur according to Erin's mom?

• Someone who fixes toys.

• A person who swaps toys.

• An individual who starts a business to make money.

• A child who plays with many toys.

What does Erin's mom say is necessary to start a business?

• A large cupboard.

• Many friends.

• A good plan and capital.

• A lot of toys.

What does Erin consider using to fund her toy swap club?

• Her mom's money.

• Her savings.

• Her dad's tools.

• Her friend's toys.

What is the purpose of Erin's business pitch?

• To find a new place to store her toys.

• To sell her toys to her friends.

• To gain her parents' support for her toy swap club.

• To convince her parents to buy her new toys.

Who does Erin plan to employ in her toy swap club?

• Her friend.

• Her mom.

• Her teacher.

• Her dad.

What does Erin need to buy with her savings for her business?

• New toys.

• Advertising space.

• Blue paint and chocolate.

• A new cupboard.