What to expect from week one
In the first week of the Fiver Challenge teams, or children working independently, will receive their £5 pledge and get started with planning their business ideas.
What your children will be doing
- Decide on a product or service
- Think about a business name and logo
- Work on their business plan
- Carry out market research with friends or family
- Agree on a final idea
- Design their logo to enter the logo competition
Resources for week one
Fiver Challenge – week one powerpoint Kick start the week with a mini classroom activity to get pupils engaged, along with an outline of this weeks tasks with further guidance on how to impactfully complete this stage of the challenge. Fiver Challenge workbook Children will use the workbook throughout the challenge as a step by step guide to plan their business Market research template Conducting market research gives insight to the business idea and wider market from potential customers - children will use this template to test their business idea Top tips for sustainability Sustainability in business is key, children will find out how to make their business sustainable Top tips for logo Children will use our tips to create a logo that is memorable, professional and unique
Week one - logo competition
The logo competition closes at the end of week one - see Key Dates for deadlines.