The learners from Primary 6/5 have been working hard over the past term with Entrepreneur Me and Matt Stewart. The class worked in cooperative groups to create their own business plans: planning a project, deciding on a product, pricing raw materials and applying for a loan before trying to make a profit within the time allowed. They have agreed that their profit is then going to help older residents in the local community.
Today they invited guests to the launch of their products. Whether you fancied cakes, pizza, a new phone case or a useful desk tidy – you could have found all these in our pop-up market place this morning.
My group was called Nuddle. We made phone cases. One was based on the idea of a night sky, with sparkling gems, while the other one was a Scotland flag. We made that design especially for Matt! We carried out market research to find the most popular phone in the school. Then we knew that we would have most chance of selling if we made iPhone 5 cases. We asked for a £15 loan and made a profit of £22. We were the first group to sell out! Alex
I was in the Golden Goods group. We baked cakes. We discussed what cakes we knew how to make, or which ones our parents made for us. We decided on top hats, crispy cakes and Victoria Sponge. We sold out: with 63 top hats, 61 crispy cakes and two big Victoria sponge cakes. We asked for a £10 loan and we made a profit of £54.70. Eilidh
I was part of the Pencil Holders group. We ordered resources from eBay, but we did not receive all the materials in time. Today we had to take orders and show our customers a prototype. We had a £11 loan, plus £5 float to use this morning, in case we needed change. We collected £60 by the end of today. If we take away our loan and the float for Mrs Gibson, we will have made a profit of £44. Lukas
We were part of the Pizza Town group. We made and sold slices of pizza today. We asked for a loan of £21.63. We got this figure by adding together the prices of all the ingredients we would need. Today we made £51 profit. We sold our last few slices to children in the playground after lunch. James & Adam M.
As an extra surprise, Matt announced today that he would like each business team to keep their loan and use this as a treat for the class. How fantastic!
The audience were also blown away with the fabulous drama which followed. The comic timing and expression was perfect. Once again, we have proved that Stepps has extraordinary talent!
