Final report template 2017
All age groups should use these guidelines
This document tells you how to complete your BiG Challenge 10 report.
Don’t forget there is a special prize for the best final report - £50 per team member.
If you’ve completed all the sections, you will have told the judges everything they want to know. You can
add photos and graphics anywhere you want. It is important that you tell the judges as much as you can
about what you did, as they can only mark you on what is included.
There are seven essential sections for you to complete plus two extra optional sections for the
Made in Sheffield Award and the Sheffield Universities’ Shining Stars Award. It will be helpful if you do
them in the order set out here but you can design your own report format.
The rules and instructions in this document are final. The key points are:
1. You must complete Sections 1 to 7
2. Your report needs to include all relevant information but should be concise, make use of pictures,
graphics and tables to show the judges what you have been doing and demonstrate the
success of your business. Text sections of your report should be NO MORE THAN 10 pages long
(for sections 1-7) – and could be much shorter
3. You need to provide BOTH an electronic copy and a printed copy
4. The electronic copy must be emailed to [email protected] by 5pm on Friday 27th
January 2017
5. The printed copy should be posted (or delivered) to Sero Consulting, Sheffield Technology Park,
Arundel Street, Sheffield S1 2NS to arrive by Monday 30th January 2017.
Finally, you might like to check out the following resources:

Final Report help: http://bigchallenge.biz/pages/help#report

Final Report tips: http://bigchallenge.biz/resources/H2-writereport.pdf

Tips from past winners: http://bigchallenge.biz/pages/tips
Good luck!
Having problems? Ask at school or in emergency email [email protected]
Page 1 of 11
Section 1: Team Registration Details
Your Business Name:
The names of your team members:
School / college name:
Category – KS3, KS4 or Post-16:
Your Year Group, Form or Course:
The member of staff you are registered with:
Additional Awards
Yes
No
Are you entering the Made in Sheffield Award?
Are you entering the Shining Stars Award?
Are you a continuing business from last BiG Challenge?
Online Activity
Yes
No
Do you have a website or social media?
If yes, please provide all the links to your website(s) and social media profile(s). The evidence in this section will be
considered towards the Best Website award. The judges will only judge the sites/accounts you list below so make sure you
include everything that you want the judges to see.
Website:
Facebook:
Twitter:
Instagram:
Other(s):
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Page 2 of 11
Section 2: Team Details
Tell us about the people involved in your business

What roles or jobs did you each have?

What help did you get from other people in school?

What help did you get from people outside school?
Section 3: The Business

What did your business do?

Did you make things to sell?

How did you choose your products or service?

How did you choose the raw materials?

Did you identify any particular groups of customers?
Section 4: Marketing

How did you tell customers about your business? (e.g. flyers, posters, internet?)

Did you use different types of marketing for different customers?

Was your marketing successful?

How did you know your customers were happy?
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Page 3 of 11
Section 5: Financial Performance
5a – The money and resources you used

What did you spend the £25 start up money on?

Did you get any other money to invest in the business (e.g. interim prize money or cash from your
family). If so, what did you use that for?

Did you get use of facilities or materials that you would have had to pay for if you weren’t a BiG
Challenge team? How much do you think that was worth to your business?
5b - Summary of Accounts
Please use this table OR the more complex monthly alternative in Appendix 1.
The evidence in this section will be considered for the Biggest Profit award sponsored by Barber,
Harrison & Platt
Income
Start-up money
£25
Other investment (e.g. prize money)
£
Cash sales
£
Total Income (a)
£
Expenditure
Products/materials
£
Oher Costs (e.g. stall hire, postage, travel)
£
Total expenditure (b)
£
Profit before repayment (a-b)
£
Start-up repayment +20% interest (c)
£30
Final Profit – Take away (b) & (c) from (a)
£
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Page 4 of 11
5c – What will you do with your profit?

How much cash do you have? Count it and make sure it matches the Final Profit you listed above

If you made a profit, what will you do with it?
Keep in the business:
£
Split between us:
£
Give to Charity:
£
Anything else?
£
Total
£
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Page 5 of 11
Section 6: Reflections
You will have tried lots of new things during the BiG Challenge:

What has been the most fun?

What was the most successful thing you did?

What problems did you have?

What would you change if you did it again?
Section 7: The Future

If you are spending profit on continuing the business, how are you going to use it?

How will the business change over the next year?

Will the team stay the same?

Will the product or service change?

How much profit do you think you could make after another year of trading?
That is all the essential sections completed!
Having problems? Ask at school or in emergency email [email protected]
Page 6 of 11
You may also want to apply for our optional awards.
These are additional to the main awards and also provide big prizes at the final award ceremony.
Section 8: Made in Sheffield Award
This award is additional to the main prizes – complete if it fits your business
If you designed and made something (jewellery, plastic, wood or metal goods, etc) or if you had a
process to make repeated copies of a design or a process, you are eligible to enter this award. Please gie
details of your product and business, as this Award is judged by a different panel who do not see your full
final report.
Tell us in about 200-300 words what you did and why you should get the award:
Section 9: Shining Star Award
This award is additional to the main prizes – complete it if you want to be considered for the award.
You will be considered for this special prize in recognition of additional effort you have shown and
contributed. To win this award, individual team members should provide evidence of how enterprising and
entrepreneurial they have been. You should explain what extra effort you have put into BiG Challenge
and give examples using the Individual Skills Template in Appendix 2. (Please complete a separate copy
for each team member entering, as this is an INDIVIDUAL award. )
If you are shortlisted for this award your team mentor will be contacted to confirm that you have
been a shining star!
That's it!
Having problems? Ask at school or in emergency email [email protected]
Page 7 of 11
Appendix 1: Alternative income table
Optionally, you may prefer to use this month-by-month layout to show your income and expenditure, and
even provide a spreadsheet
October
November
December
January
Totals
25
0
0
0
0
25
0
0
0
0
0
30
September
Income
Start-up investment
25
Other investment (e.g. loans)
Cash sales
Prize money/awards
Other
Total Income
Expenditure
Cash purchases
Payments to suppliers
Marketing/promotion
Travel
Loan repayments
Capital purchases
Other/ Miscellaneous
Total expenditure
Cashflow Surplus/Deficit (-)
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-5
Page 8 of 11
Appendix 2: Individual Skills Template
If you think you are a ‘Shining Star’, we’d like you to complete any/all of the sections where you, as an
individual, think you have done particularly well. You don’t have to complete all sections but AT LEAST 6
skills will need to be evidenced. We’d like you to write 1-2 sentences per skill, explaining how you
developed and used each skill. (Single words against each skill are insufficient and will not qualify as
evidence). Remember to talk about yourself as an individual, as this is not a team entry.
Name of Student:
Name of Team/School
_________________________________________
Name of Team Mentor:
SKILL
EVIDENCE
Responsibility
What role did you play in your team and how did you develop in that role:
Confidence
For example: I showed improved confidence by delivering a presentation to a local shop. I
was very nervous but felt very pleased when afterwards they agreed to display our goods.
Adaptability
How did you adjust to changes? (for example losing a team member or change of plans)
Determination
What kept you going when things got tough?
Resilience
How did you overcome difficulties?
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Page 9 of 11
Communication
How did you develop this skill?
Literacy
How did you develop your writing skills?
Numeracy
For example: As finance manager I kept a close record on the money by creating a
spreadsheet and taking weekly balances. I produced cash flow reports for our team
meetings
Creativity
What creative talents did you discover you had and how did you develop them?
Organising
Identify your strength in this area and give an example
Teamwork
What difficulties did you discover whilst working in a team and how did you resolve them
Decision Making /
Critical Thinking /
Evaluation
What methods did you use to evaluate your decisions? For example did you use market
research or get feedback from Customers? How did you evaluate your product?
Problem Solving
For example: We weren’t selling much after Christmas so I researched new products that
we could sell. I bought a couple of samples and the team thought it was great idea.
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Page 10 of 11
Learning
What has the BiG Challenge taught you about yourself
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Page 11 of 11