09/15/2025
Profit is one of the most fundamental concepts in business — and one of the most valuable lessons for students to learn early.
Simply put: Profit = Money Earned – Money Spent.
If a business sells $100 worth of products but spends $70 on materials, labor, and other expenses, its profit is $30. That remaining amount is what allows the business to grow, pay employees, reinvest, and stay open.
Teaching kids about profit helps them understand that running a business is more than just making sales — it’s about managing costs, planning ahead, and ensuring the effort actually creates value