We’ll GIVE your business £100. But here’s the catch – can you turn it into £1000 or more? And compete with other local businesses to see who can raise the most for us?
Here’s an exciting business challenge which is great for building teamwork, initiative and creative thinking. And it’s ideal whether you’re a butcher, baker or candlestick-maker – or a shop or a firm of solicitors. You’ll take on an Apprentice-style challenge, competing with other businesses in the region to see how profitably you can invest £100!
How it works
The premise is simple: we’ll give you £100 at the start of the month, and you’ll do whatever you can to turn it into £1000 or more by the end. The important thing is that you invest – the point is to get people collaborating as a team to create added value, rather than simply writing us a cheque as a donation.
What’s in it for you?
At the simplest level it’s a bit of fun outside of the day-to-day routine, all for a great cause. At a more strategic level, this is a great way to develop initiative, teamwork, competitiveness and creativity. And isn’t this what business is all about: adding value to deliver a profit? This could be part of a corporate upskilling programme, a CSR scheme, a boost for inter-departmental collaboration, or a way to identify individuals with particular skills. You could keep your audiences posted throughout the challenge on social media, and once the challenge is over it’s a great PR story.
What kind of things can you do?
Anything, as long as it’s legal! The point is to invest the £100 to deliver a return. You might not do it all in one fell swoop: you might need to do your activity two or three times, reinvesting the profits each time to make it up to £1000. So it’s up to you, but here are some ideas you can almost certainly improve on:
- buy ingredients and hold a series of lunches or bake sales
- put on a gig, comedy event or talent show; use the money to hire a venue and promote it, and sell tickets
- buy saleable items at car-boot sales and charity shops and sell them for a profit
- hold a happy hour after work – get the ingredients and make up delicious cocktails
- buy craft materials and make toys or Christmas cards to sell
- split the £100 across 2 teams, and ask them all to compete in turning £50 into £500
What if you don’t manage it?
Don’t worry about not making it to £1000 (or not making anything at all). You won’t have robbed us of £100: if you don’t manage to do the challenge, you’ll simply give the money back. And if you do the challenge but don’t make it up to the £1000, just let us have what you did raise… you just aren’t likely to win the challenge!
If this sounds right up your street, please get in touch with Emma Kovaleski
at Forget Me Not and take it from there.