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Homework help

hi my son(14)YR10 is taking part in an enterprise skills programme.all the pupils have been given £1,in 8 weeks they have to return a profit which they can keep,put toward a prom ticket or donate to charity,there is also a prize for the most money raised.we thought of a raffle,car washing,gardening,selling on ebay.however he really wants to do something different.he has already shown entrepreneurship by having 3 paper rounds which has enabled him to pay for his own school trip to berlin at easter,while also volunteering at oxfam on saturdays.any help would be greatful,p.s he is not allowed to sell tuck at school.
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Comments

  • Imp
    Imp Posts: 1,035 Forumite
    edited 15 March 2012 at 9:04PM
    It's all about value adding.

    From Asda (just checked on mysupermarket.com), you can get a 500g bag of granulated sugar for 60p and a small packet of yeast for 28p.

    Total spend 88p.

    Mix the two together with some boiled cooled water and keep at room temperature for a couple of weeks; your son has fairly nasty alcohol to sell around the school grounds.
  • RedBern
    RedBern Posts: 1,237 Forumite
    Not original, but how about swapping things up, so with his £1 he buys a DVD which he swaps for an xbox game which he swaps for something else, or sells it, then he buys sonething else for a pound and swaps it for something more expensive and eventually sells it. Not the best explanation but hope you get the idea.
    Bern :j
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    He could set up a Ponzi scheme and get the other kids to invest.

    Funny how the ideas so far are all like the grownups' playground.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • kindle37
    kindle37 Posts: 32 Forumite
    i was looking for good ideas within the law
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    publish an ebook of stories and poems the kids have written and sell it to doting relatives
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kindle37 wrote: »
    i was looking for good ideas within the law
    It's entrepreneurship though - he's supposed to embrace the risks.... lining him up, ultimately, for a life among the rich people who break ALL the laws, paying people to change the laws when they need to.
  • narabanekeater
    narabanekeater Posts: 1,892 Forumite
    is he allowed to make home made cakes but to sell to friends and family?
    Mad Mum to 3 wonderful children, 2 foster kittens and 2 big fat cats that never made it to a new home!
    Aiming to loose 56 pounds this year. Total to date 44.5 pounds 12.5 to go. Slimming World Rocks!
  • Personally I would stick to car washing etc lol I'd use the £1 to buy business cards :)
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    kindle37 wrote: »
    i was looking for good ideas within the law
    The law is designed to make sure that all good money making ideas are either heavily taxed or illegal.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • RedBern
    RedBern Posts: 1,237 Forumite
    kindle37 wrote: »
    i was looking for good ideas within the law

    ? My idea is within the law???
    Bern :j
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