busy_song and honorable_penguin
We were blown away by your creative entries this week and the range of suggestions. Well done! We chose an exceptional winner from Michael Faraday School who had thought through what we thought was a viable business plan. We loved the emphasis on community cohesion. Our secondary school winner was from Portobello High; they considered the market, making a profit, celebrity endorsements and job opportunities, which we thought showed great business acumen!
A big thank you to honorable_conclusion too, who used their scepticism skill to remind us that, ‘As much as it is a nice and moral idea to give to charity, the business would need to earn money otherwise it would have to shut down.’
You can read the winning entries in the orange boxes below.
WEEKLY COMPETITION #10:
If you had £100,000 to invest in a business, what kind of business would you chose and why?
You can choose something that already exists, or you might like to create something totally new. We’d like to read good reasons for answer, so make sure you explain why you think your money would be well spent on that cause!
Good luck! Winners will be announced on Friday.