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Grade 6 Entrepreneur Fair Ideas

Grade 6 Entrepreneur Fair Ideas preview
Grade 6 Entrepreneur Fair Ideas preview
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Look Inside · 10 pages

Entrepreneur Fair, Grades 4-6 cover with How to Use steps: printing the booklet, pricing, advertising, the fair and profit
Teacher planning guide for running the class fair
What is an Entrepreneur?: reading on business types and goals, then students research 3 entrepreneurs and their companies
Read together to launch the unit, then research time
Business idea mind map: students brainstorm problems to solve, services, art items and things they can make, then pick one
Guided brainstorm; circulate and prompt with questions
My Product or Service: students draw a detailed, labelled plan of their chosen idea and describe it in a paragraph
Follow-up once each student settles on an idea
Costs to Start a Business: students list supplies, cost and quantity to total costs, then list 5 steps to make it
Model a sample budget first; links to procedural writing
Pricing Your Product or Service: students set a price, justify it by time and supply costs, and tally sales at the fair
Set the fair budget before students price items
Calculating Profit: students subtract costs from sales and divide by hours worked, then answer reflection questions
Wrap-up after the fair: step-by-step math and debrief
Advertising: students design a catchy magazine-style ad for their product or service with key phrases and its price
Display finished ads around the room before the fair
Printable play money: 18 one-dollar and 12 two-dollar bills for students to cut out and spend at the classroom fair
Print and cut if using pretend money for shopping
Play money in cents: 18 twenty-five-cent and 12 fifty-cent pieces to cut out so students can make change when buying
Smaller denominations for practising making change
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About This Product

This Entrepreneur Fair Mini Unit is completely ready-to-go for your intermediate or middle school classroom. It walks students through the entire process of starting a small business step-by-step. Use it over several weeks, culminating with an Entrepreneur Fair in your classroom where students can buy each other's products and services. This will be the kind of hands-on, applicable learning students don't soon forget!

How to Use:

Print a booklet (double-sided) for each student with pages 2-7. Print a single page 8 for each student.

o What is an Entrepreneur?: Read through as a class and give students time to research entrepreneurs.

Decide if students will work independently or in pairs or small groups.

o Brainstorming a Product or Service: Support your students as they complete the mind-map to think of a product or service they could sell. Ask questions to get them thinking of ideas. Once they have decided, they complete the page to draw and describe their idea.

o Costs to Start a Business: Model a sample product and its costs, then let your students complete this task for their business idea. Encourage them to recycle and reuse items whenever possible: the less they spend, the more profit they can make!

o Making the Product: Remind your students about writing instructions. They can include temporal words like first, next, and finally. Then give them class time to make products (some can also be done at home).

Decide how much money your students will bring to the fair (and if you will use real money or pretend). I recommend $5. Students need to know this before they can price their item.

o Pricing: Give students time to price their product and explain their rationale.

o Advertising: Students will create advertisements for their products. You could bring in magazines or show online ads to notice key features: bright, happy, aspirational images with short, catchy phrases and features. You can post the ads around the classroom before the fair.

Give students the pretend money (or they bring real money from home) and let them shop for each other’s items. They can make change and keep a tally of sales.

o Calculating Profit: Walk students through the profit calculation step-by-step.

o Reflection: Finally, give students time to reflect on the entire process.

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