Saturday, 22 January 2011

The Apprentice here we come!



Watch out for Year 5 and 6 children approaching you in a bid to win an enterprise challenge.

Each class have been presented with £200 to create enterprise projects that will make them money. So hopefully when they have to pay back the £200, in March, they will have made a profit.
The class who make the most profit will be able to choose something for the school that will benefit the children with the profit they have made.
The rest of the money will go into school fund to continue to provide experiences for the children in school.

As well as this they must keep their own accounts and record their income and outgoings.

The children are all very motivated and I am looking forward to seeing what they come up with. (Of course it is also going to be very exciting to see which of the three Year 5/6 teachers is the most adventurous!)

I can think of lots of initiatives that the children can embark on that will make them money.

If it was me I would spend £15 of the £200 on nail varnish, hand cream and nail files and charge the staff £3 for a lunch time manicure! I would only need to get 10 people to agree to a manicure to make 100% profit on my £15. This would give me £30 and in total I would have £215.

What else could they do?
Buy reasonably priced flowers and turn them into arrangements to sell. Ironing service for teachers, 90p charge for a shirt, undercutting the competition out there! (They could pay a fee to school for hire of iron, board and use of electric.) Car washing; making cards and bookmarks; designing ceramic mugs; t shirt printing; fashion show; afternoon tea for grandparents; mobile text message training service for the terrified adult….unending list.

This project is designed to give the children experience of a work ethic, how money works and develop team skills. They will learn so much without even realising it.

So look out for invites, sales reps or offers of services.

Good luck Moles, Kestrels and Kingfishers! Enjoy your very own The Apprentice!