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Holborough Lakes Market makes tidy profit!
During a week in July 2019 we held a whole school Careers and Enterprise Week. The aim of the project was to develop our children’s knowledge and understanding of different types of jobs, how money is spent in designing and making products and primarily how they can contribute to a range of activities that help them to become more enterprising.
In preparation for the week, each class were given a loan from the PTA of £30.00 with a remit of designing, advertising and making a product that can be marketed for sale to members of the school community. Each class was challenged to try to make a profit on their original £30.00 budget.
To support them in their challenge, throughout the week the children had the opportunity to work with individuals from different business sectors who visited the school. These included the banking sector, project management, construction, police officers, a forensic scientist and an engineer.
The children in Key Stage 2 learnt about the importance of saving money and profit making during a talk with an accountant. In Foundation and Key Stage 1, we had a visit from our catering company Contract Dining Company, who provide our school meals. She talked to the children about the importance of food hygiene and helped the children in Reception and Year 1 with making their products for their biscuit and chocolate shops.
The children in Years 5 and 6 also had the opportunity to work with Mrs Manase from the EY Financial Services. During these sessions she talked about how her company operates and the importance of designing and marketing a good product in order to make a profit.
We were also lucky enough to host Barnaby Blackman from The Berkelely Group who taught the children about construction and the importance of health and safety. This was followed by each child dressing in the correct uniform before heading to a makeshift builders site for a fork lift demonstration.
The children drew upon the information that they learnt during the week to support them in designing, advertising and making their own products in order to support their own enterprise work. Each year group also created an advert for their products.
At the end of the week we held ‘Holborough Lakes Market’ where parents, carers and members of the local community were invited into the school to view and purchase the products that each year group had designed and made. We then had a competition to see which year group was able to generate the most profit from their chosen product. In total the children managed to make £508.61 profit from sales made during the Market; a fantastic achievement!
Below is an overview of how much profit each group managed to make through the project.
Reception – Biscuit Shop (£60.71 profit)
Year 1 – Chocolate Shop (£59.47 profit)
Year 2 – Bath Bombs (£192.56 profit)
Year 3 – Candle holders (£156.87 profit)
Year 4 – Keyrings (£39 profit)
Well done everyone!