1 of 25

BEAT THE BANK

Dual Business Showdown

Can you make smarter choices than the bank expects?

Grades 7–12 Workshop

2 of 25

TWO FAMILIES, ONE CHALLENGE

FAMILY A — THE FARM

Inherits 40 acres, 15 min south of Saskatoon

Wants to start a U-Pick farm

�Needs the total of $120,000

  • $120,000 loan from the bank
  • Interest: $9,600/year

FAMILY B — THE CITY

Inherits $80,000 in cash

Wants to open a drink shop on 8th Street

Needs the total of $120,000

  • $40,000 loan from the bank
  • Interest: $3,200/year

The bank ALWAYS gets paid. Can YOU earn more than the bank takes?

3 of 25

HOW TO PLAY

4 VOTES

You'll vote 4 times — each choice changes your business's fate

HOLD UP YOUR CARD

⬜ White • 🟠 Orange • 🟢 Green

MAJORITY WINS

The most popular color decides the path

BOTH BUSINESSES

You're running the Farm AND the City shop

4 of 25

THE FARM

40 acres south of Saskatoon — what will you grow?

5 of 25

FARM

What should we grow?

Each crop has different startup costs, season lengths, and earning potential. Choose wisely — this decision shapes everything that follows.

Saskatoon Berries

Startup: $35,000

Season: 6 weeks

Expected: ~2,500 visitors

✓ Local brand, premium price ($25 avg)

✗ 2–3 year wait for full yield

Strawberries

Startup: $22,000

Season: 3 weeks

Expected: ~4,000 visitors

✓ Proven demand, low startup

✗ Very short season

Pumpkin Patch

Startup: $25,000

Season: 5 weeks (fall)

Expected: ~3,500 visitors

✓ Instagram-friendly, corn maze!

✗ Fall only, weather dependent

6 of 25

FARM

VOTE 1 — What do we grow?

Hold up your card NOW!

⬜ WHITE

Saskatoon

Berries

Premium price

6-week season

$35K startup

🟠 ORANGE

Strawberry

U-Pick

Proven demand

3-week season

$22K startup

🟢 GREEN

Pumpkin Patch

+ Corn Maze

Instagram-ready

5-week fall season

$25K startup

7 of 25

FARM

How should we price it?

Higher prices mean more money per customer but fewer customers show up. Lower prices bring crowds but tighter margins. What's the sweet spot?

PREMIUM

1.5× base price

Only 70% show up

Base Revenue × ?

MID-RANGE

Standard price

100% show up

Base Revenue

VALUE

0.65× base price

150% show up!

Base Revenue × ?

The math: Revenue = Price per customer × Number of customers

8 of 25

FARM

VOTE 2 — Pricing Strategy

Hold up your card NOW!

⬜ WHITE

PREMIUM

Charge more

Fewer customers

Higher revenue per visit

🟠 ORANGE

MID-RANGE

Standard pricing

Steady customers

Balanced approach

🟢 GREEN

VALUE

Charge less

Lots of customers

Tight margins

9 of 25

THE CITY

8th Street, Saskatoon — what drink shop will you open?

10 of 25

CITY

What drink shop do we open?

8th Street is busy, but competition is fierce. Each concept has different costs and customer bases.

Bubble Tea

Startup: $85,000

Avg sale: $8/drink

Expected: ~150 customers/day

✓ Trendy, less local competition

✗ Niche audience, seasonal?

Coffee Shop

Startup: $95,000

Avg sale: $6/drink

Expected: ~200 customers/day

✓ Huge market, daily habit

✗ Starbucks, Museo, etc.

Hybrid Concept

Startup: $110,000

Avg sale: $7/drink

Expected: ~170 customers/day

✓ Broader appeal

✗ Two supply chains, complex

11 of 25

CITY

VOTE 1 — What drink shop?

Hold up your card NOW!

⬜ WHITE

Bubble Tea

Trendy & unique

$8 avg spend

$85K startup

🟠 ORANGE

Coffee Shop

Proven demand

$6 avg spend

$95K startup

🟢 GREEN

Hybrid

Concept

Best of both worlds

$7 avg spend

$110K startup

12 of 25

CITY

VOTE 2 — Pricing Strategy

Same tradeoff — price vs. volume. Hold up your card NOW!

⬜ WHITE

PREMIUM

Artisan vibes

Fewer customers

$$$$ per drink

🟠 ORANGE

MID-RANGE

Competitive pricing

Steady traffic

Balanced

🟢 GREEN

VALUE

Undercut everyone

Packed shop

Razor-thin margins

13 of 25

CRISIS HITS!

Every business faces unexpected challenges. How will you respond?

Your earlier choices determine what crisis you face!

14 of 25

FARM CRISIS

Crisis: SASKATOON BERRIES

DROUGHT SUMMER — The driest summer in 20 years. Your berry bushes are struggling and yield is dropping fast.

VOTE 3 — How do you respond? Hold up your card!

⬜ WHITE

Buy Irrigation

System

Spend $15K now

Save 90% of crop

Long-term investment

🟠 ORANGE

Pivot to

Farm Market

Spend $5K

Buy others' fruit to sell

Only save 60% revenue

🟢 GREEN

Run Farm

Day Camps

Spend $8K on setup

Pivot to experiences

Save 65% revenue

15 of 25

FARM CRISIS

Crisis: STRAWBERRIES

RAIN EVERY WEEKEND — Your 3-week season is here, but it's pouring rain every Saturday and Sunday. Customers won't come to pick in the mud.

VOTE 3 — How do you respond? Hold up your card!

⬜ WHITE

Build Covered

Picking Areas

Spend $12K

Keep 85% of customers

Weatherproof!

🟠 ORANGE

Switch to

Online Orders

Spend $4K on delivery

Only keep 60% revenue

But no weather risk

🟢 GREEN

Host a Berry

Festival

Spend $7K

Create event buzz

Keep 75% revenue

16 of 25

FARM CRISIS

Crisis: PUMPKIN PATCH

WARM OCTOBER — It's 22°C in October. Nobody's in a fall mood. Families are at the beach, not the pumpkin patch.

VOTE 3 — How do you respond? Hold up your card!

⬜ WHITE

Go All-In on

Halloween

Spend $10K on décor

Haunted maze event

Keep 85% revenue

🟠 ORANGE

School Field

Trip Packages

Spend $3K marketing

Guaranteed groups

Only keep 60% revenue

🟢 GREEN

Add Hot Food

Stand

Spend $8K

Apple cider + treats

Keep 80% revenue

17 of 25

CITY CRISIS

Crisis: BUBBLE TEA

NEW COMPETITOR — A chain bubble tea shop opens just 2 blocks away on 8th Street with lower prices and a big marketing budget.

VOTE 3 — How do you respond? Hold up your card!

⬜ WHITE

Launch Loyalty

Program

Spend $5K

Reward repeat customers

Keep 80% revenue

🟠 ORANGE

Create Unique

Menu Items

Spend $8K on R&D

Stand out from chain

Keep 90% revenue

🟢 GREEN

Relocate

the Shop

Spend $20K to move

Avoid direct competition

Only keep 65% revenue

18 of 25

CITY CRISIS

Crisis: COFFEE SHOP

RENT HIKE — Your landlord raises rent by 20%. That's an extra $14,000/year eating into your already tight margins.

VOTE 3 — How do you respond? Hold up your card!

⬜ WHITE

Absorb the

Rent Hike

Pay $14K extra/year

Keep all customers

But profits shrink

🟠 ORANGE

Renegotiate

the Lease

Costs nothing ($0)

Keep 92% revenue

Risky — might fail

🟢 GREEN

Move to New

Location

Spend $25K to move

Lower rent area

Only keep 70% revenue

19 of 25

CITY CRISIS

Crisis: HYBRID CONCEPT

SUPPLY CHAIN CHAOS — Managing two supply chains (tea AND coffee) is a nightmare. Costs are spiraling and quality is dropping.

VOTE 3 — How do you respond? Hold up your card!

⬜ WHITE

Simplify

the Menu

Spend $3K redesign

Cut weak items

Keep 75% revenue

🟠 ORANGE

Find New

Suppliers

Spend $6K sourcing

Better quality & cost

Keep 90% revenue

🟢 GREEN

Pivot to

One Concept

Spend $10K rebrand

Focus = better quality

Keep 80% revenue

20 of 25

THE FINAL PLAY

It's September. The holidays are coming. One last decision for each business.

21 of 25

FARM

VOTE 4 — Year-End Strategy

Your farm's been running all season. Do you push for more or protect what you have?

⬜ WHITE

EXPAND

Borrow $20K more

Big holiday push

+40% revenue boost

High risk!

🟠 ORANGE

HOLD

STEADY

No extra cost

No extra revenue

Play it safe

Protect your cash

🟢 GREEN

ADD A

SIDE HUSTLE

Spend $8K

Farm store / market

+20% revenue boost

Moderate risk

22 of 25

CITY

VOTE 4 — Year-End Strategy

The holiday rush is coming. How do you play it?

⬜ WHITE

EXPAND

Borrow $20K more

Holiday drink specials

+40% revenue boost

High risk!

🟠 ORANGE

HOLD

STEADY

No extra cost

No extra revenue

Keep what you've built

Safe play

🟢 GREEN

ADD

CATERING

Spend $8K on setup

Office & party orders

+20% revenue boost

Moderate risk

23 of 25

THE MOMENT OF TRUTH

Let's see the numbers...

→ SWITCH TO EXCEL ←

Open the Beat the Bank spreadsheet and reveal the results!

24 of 25

WHAT DID WE LEARN?

THE BANK ALWAYS GETS PAID

Interest is owed whether you make money or not

EVERY CHOICE HAS A COST

Even "doing nothing" is a decision with consequences

RISK vs. REWARD

Bold moves can pay off — or wipe you out

REAL BUSINESSES FACE THIS

Every shop on 8th Street, every farm near Saskatoon

25 of 25

FARM

Key: How should we price it?

Higher prices mean more money per customer but fewer customers show up. Lower prices bring crowds but tighter margins. What's the sweet spot?

PREMIUM

1.5× base price

Only 70% show up

Revenue × 1.05

MID-RANGE

Standard price

100% show up

Revenue × 1.00

VALUE

0.65× base price

150% show up!

Revenue × 0.975

The math: Revenue = Price per customer × Number of customers