Due 5pm on Friday 1 February

Every business has to communicate well with the people who keep it going – the owners, the bank, the employees and the customers.

So this report is about communication.

It should present an honest report on the progress and prospects of your business to the sponsors who have given you £25.

Perhaps things have changed since you entered your idea back in November. You might be doing something very different. That doesn’t matter. Just tell us how you see it now.

Some of the questions can be answered in just a few words – but a good business will try to explain important things in more detail. This will help the judges, who will be able to read this report.

Go to this website to enter your report. Here are the questions that you’ll find when you get there – so why not prepare your answers as a group?

1. Team Name

2. Name of supporting Teacher or Lecturer

3. What is your business doing and what progress have you made so far?

4. What are the next key activities in your plan?

5. How much money have you raised so far?

6. How much do you expect to raise by the end (14 March)?

7. Is the team working well together?

8. What lessons have you learned so far?

9. Do you need help in any part of your business? If so, tell us with what and when?

Click here to answer the questions now.