Looking for a fun first step into the world of business that can be delivered by teachers or led by parents?

Fiver DIY is the hypothetical version of the Fiver Challenge that allows children to imagine what business they could create with just £5. This mini project uses the core elements of the Fiver Challenge to inspire your children to actively learn, develop and grow their entrepreneurial skills, at home or at school. 

Fiver DIY is available to be delivered all year round, over a timeframe decided by the school or parent delivering the project. This allows children of different abilities to work at their own pace and dedicate as much time as they need to each step.  It can be used as a stand-alone project across the school or as a way for students to kick start their business ideas, so they are ready for the Fiver Challenge.

During the project children will use the workbook to complete activities such as creating a business name and logo, doing market research, planning their products or service and finishing with writing and presenting a sales pitch to someone in their house or classroom.

For parents supervising or delivering Fiver DIY we have Top Tips for Parents sheet that offers a few suggestions on how to keep your children engaged and having fun throughout the project.

Think it!

Here's a fiver, what business could you start?

Children will use the workbook to create an idea, name their business and use our Top Tips to create a logo.

Research it!

Children use the Market Research Template and example questions to find out what their customers think.

This is completed in person or via telephone or email with people they know.

Plan it!

Children use the third part of the workbook to create their business plan by answering the questions in the business plan section.

They are then asked to draw their product or create a poster for their service.

Pitch it!

In the final part of the workbook Children plan, write and the present a sales pitch to someone in their home.

There are plenty of tips on what to include and how to present the sales pitch in the workbook.

Certificate

At the end of the workbook children can use the Fiver DIY Checklist to make sure they have completed everything.

Once they have, they can add their name to our Fiver DIY Certificate which celebrates their achievement and lists the skills they’ve helped to develop over the project.

Survey
 

Once participants have completed Fiver DIY we´d like to hear you thoughts on the impact of the project. Please spend a couple of minutes completing our Survey.