Fiver Challenge.jpg

Completed during June 2019

We made a staggering £264.20 profit which was distributed between several charities.

Class Oak took part in the Fiver Challenge, a national competition for young people aged from 5 – 11 years. This Challenge is free and run by Young Enterprise ( - the UK’s leading enterprise and financial education charity, bringing learning to life and help encourage future aspirations in young people. Pupils are pledged £5 and have one month to set up a mini business and create a product or service they can then sell or deliver at a profit.  Pupils decide how to spend or donate their profit.  It’ll be great fun too! 

The Fiver Challenge took place place for 4 weeks from Monday 3rd - Friday 28th June.

We are all very excited about getting involved with this Challenge. We have 6 small business ideas to get our teeth into.

See below images and videos of some of the activities that led the the final result...

Crazy Cakes.jpg
Sweet Cauldron.jpeg
Stoneraise Super Wash.jpg
Dazzling Donuts.jpg
Fiver Challenge - Pop-up Shop Letter - a


  • Initial ideas mind map

  • Initial plan

  • Market research using Google Forms (103 responses)

  • Analyse market research data

  • Design a business logo

  • Create a Dragons' Den pitch and video (see above)

  • Identify competitors

  • Research recipes and scale

  • Price analysis of different supermarkets

  • Plan shopping trip

  • Explored break even point

  • Worked out unit price of product/service

  • Visit variety of supermarkets to buy ingredients/products

  • Make products

  • Create posters and advertising campaign

  • Write to parents to invite to Pop-up Shop

  • Set up Pop-up Shop and ensure ingredient lists available for all customers

  • Held Pop-up Shop

  • Counted the cash and discovered profits made

  • Set aside money for Young Enterprise/charities of choice