Coming up with a Business Idea and creating a Business Plan is fun, challenging and educational all at the same time. However, the true value in the School Enterprise Challenge lies in setting up a real School Enterprise that is run by students and generates income for the school.
With our Sunday 30th October 2016 deadline for Final Reports approaching we have put together a list of our top 4 tips to help you put theory into practice and successfully launch your school business.
Play to your students’ strengths
How you manage your school business team will play a crucial role in launching your business. Assigning clear roles to all of your students, based on their strengths and interest, will empower them to really take ownership of the business and ensure it runs smoothly.
Students are known to be more focused and perform their duties better when they are clear about what these are. We recommend you think about what skills each team member already has as well as the skills they would like to develop and distribute roles accordingly. Once the business is successfully up and running you can rotate teams, giving students new responsibilities, as a way of increasing their learning experience while keeping things new and interesting for them.