1. Our Business Samantha Wardman Young Enterprise Manager - Cornwall
the business of life
Our Business
Samantha Wardman
Young Enterprise Manager - Cornwall

2. The Challenge Year 5 or 6 Teams of 6 pupils form 1 business
Each pupil becomes a manager and leads for 2 sessions
Sales, Marketing, Finance, Events, Research, Production
Set up a mini business
Apply for (or receive) investment
Work through business plan (company name, decide product, buy materials, make products, create adverts, sell to real customers etc.)
Record all decisions in Business Journal

3. The Challenge Sell on a stall Compete for Awards
Decided by School (internal or external event)
Compete for Awards
Most Innovative Product
Business Team With The Highest Profit
Manager Making The Most Positive Contribution
Most Collaborative Team
Best Business Stall

4. Delivery Format Delivery Time 1 Launch Day delivered by YE
Minimum 1 week full time
Ideally delivered part-time over a few weeks
16 sessions of differing lengths
Approx. 17 hours of lesson plans
Plus production time, sales event and celebration
1 Launch Day delivered by YE
Teacher leads the rest
Work with Volunteers & Sponsors
YE attends celebration event

5. Planning to run Our Business (detail provided in Teacher Guide)
Decide timescales:
Sales Event
Timescales
Teams
Products and/or Services
Investment
Profit
Celebration
Volunteers

6. Sessions (1-5) Launch Day (Led by YE) Getting Started Team Building
Idea Generation
Choosing the Business Name
Conducting Market Research

7. Sessions 6 – 16 (Led by Teacher)
Decide on the Product/Service
Analysing the Market Research
Product Planning
Preparing for the Sale
8. Stall Planning
9. Finance
10. Marketing
11. Production
12 Stall Design
Sales Planning
Selling Event
Evaluation
Celebration