Working with Kate from Matilda Bay and Bob from Handelsbanken.
The Dragons report is as follows;
The year 3 and 4 children at Woburn Lower School have been taking part in a Dragons Den topic which involved putting together a business plan to sell different christmas products and presenting it to investors, one of whom was Bob Howe. During the presentations each group set out details about their products, the costs, pricing and potential profits and their marketing strategies. Two project groups were delighted when Bob agreed to invest half the cost of their raw materials in exchange for half of the profits and they took on board his advice about pricing and aspects to include in their marketing. Bob was impressed with the quality of the presentations and business plans, especially as the children involved are aged between 7 and 9 years old.
The products will go on sale next week in the school hall to children and their parents and the project groups have promised to keep Bob informed about the progress of sales and the likely return on his investment.