This is the ninth lesson in a series of fourteen which make up the Starter For Ten project. Starter For Ten is a whole term, cross-curricular project for upper primary classes. A series of lessons provide the class with the knowledge and skills they need to start their own businesses in small groups. Groups are loaned £10 to start their business with the businesses running for four weeks after around six weeks learning and preparation. Starter For Ten provides a highly motivating, real world context for learning with pupils taking full responsibility for their businesses. The pupils are also responsible for making key decisions including what to spend any profit on and whether to act as philanthropists and opt to donate a proportion of their income to charity. The full project covers a number of curriculum areas: literacy, numeracy, health and wellbeing, religious and moral education, social studies and technologies. All lessons are fully linked to the Scottish Curriculum For Excellence. Each of the fourteen lessons includes a lesson plan, a PowerPoint presentation and any worksheets or other resources required. Lesson plans include learning objectives, suggestions for differentiation, a starter activity, a main lesson, a plenary activity, suggestions for further development, opportunities for display, and relevant second level Curriculum For Excellence experiences and outcomes. LESSON 9 OVERVIEW: During this lesson the uses of Market Research for businesses are discussed using a theoretical business ‘The Pencil Case Company’ as an example. The children then design, conduct and present their own market research. LESSON 9 LEARNING OBJECTIVES: 1. I can create a questionnaire which will provide me with information to help my business. 2. I can analyse and present data to show what my customers want from my business.

This document describes the Starter For Ten Enterprise Project in detail. It explains what the project is about and what it involves. It includes tips on funding the project, spending any profit and timing the project. The sequence of fourteen lessons is described with an overview of each lesson provided.

This is the eighth lesson in a series of fourteen which make up the Starter For Ten project. Starter For Ten is a whole term, cross-curricular project for upper primary classes. A series of lessons provide the class with the knowledge and skills they need to start their own businesses in small groups. Groups are loaned £10 to start their business with the businesses running for four weeks after around six weeks learning and preparation. Starter For Ten provides a highly motivating, real world context for learning with pupils taking full responsibility for their businesses. The pupils are also responsible for making key decisions including what to spend any profit on and whether to act as philanthropists and opt to donate a proportion of their income to charity. The full project covers a number of curriculum areas: literacy, numeracy, health and wellbeing, religious and moral education, social studies and technologies. All lessons are fully linked to the Scottish Curriculum For Excellence. Each of the fourteen lessons includes a lesson plan, a PowerPoint presentation and any worksheets or other resources required. Lesson plans include learning objectives, suggestions for differentiation, a starter activity, a main lesson, a plenary activity, suggestions for further development, opportunities for display, and relevant second level Curriculum For Excellence experiences and outcomes. LESSON 8 OVERVIEW: NOTE: This lesson can be run as one session or split into two, with costing work by the businesses as homework after part one (slide 11). During the lesson the children will work in their business groups to decide what they should charge for their product or service. Each business will identify the costs of the items they will need. They will then look at the different options they might have and how these options will affect their income. The businesses will then decide a cost for their product or service. LESSON 8 LEARNING OBJECTIVES: 1. I can identify products which are good value. 2. I can calculate the cost of making a product. 3. I can identify a price which will allow my business to make a profit from our product or service.

This is the twelfth lesson in a series of fourteen which make up the Starter For Ten project. Starter For Ten is a whole term, cross-curricular project for upper primary classes. A series of lessons provide the class with the knowledge and skills they need to start their own businesses in small groups. Groups are loaned £10 to start their business with the businesses running for four weeks after around six weeks learning and preparation. Starter For Ten provides a highly motivating, real world context for learning with pupils taking full responsibility for their businesses. The pupils are also responsible for making key decisions including what to spend any profit on and whether to act as philanthropists and opt to donate a proportion of their income to charity. The full project covers a number of curriculum areas: literacy, numeracy, health and wellbeing, religious and moral education, social studies and technologies. All lessons are fully linked to the Scottish Curriculum For Excellence. Each of the fourteen lessons includes a lesson plan, a PowerPoint presentation and any worksheets or other resources required. Lesson plans include learning objectives, suggestions for differentiation, a starter activity, a main lesson, a plenary activity, suggestions for further development, opportunities for display, and relevant second level Curriculum For Excellence experiences and outcomes. LESSON 12 OVERVIEW: In this lesson the children will learn a number of financial terms. They will find out about the financial records which they will keep. The class will look at their cash flow sheet and discuss how to complete it. They will then look at the Excel spreadsheet which will be their balance sheet. After experimenting with the spreadsheet and discussing the purpose of the formula bar, the businesses will save a balance sheet to use throughout the project. LESSON 12 LEARNING OBJECTIVES: 1. I can define the terms; cash flow, cash inflow, cash outflow, net cash flow, revenue, costs, profit, loss, profit motive, gross income and net income. 2. I can describe the difference between a cash flow sheet and a balance sheet. 3. I can explain how using formulae in an Excel spreadsheet can make calculations easier.