Entrepreneurship & Innovation · New Venture Creation

The Hub: Founding Day — Sole Trader, Partnership or Limited Company

A 60-minute legal-form decision lab for IB Business Management Year 12. Three Year-12 students must register The Hub, their student-run snack bar, before they can open.

3 rounds Undergraduate English, Español

Preview

About this simulation

A 60-minute legal-form decision lab for IB Business Management Year 12. Three Year-12 students must register The Hub, their student-run snack bar, before they can open.

Across three rounds — Discover, Stress-Test, Choose & Defend — participants weigh six axes (liability, control, capital, continuity, set-up cost, profit distribution) across five forms (sole trader, partnership, private limited company, cooperative, social enterprise). The aha moment: there is no objectively right answer. The right form depends on which axis matters most, and that depends on the founders goals.

Who it is for

An introductory simulation that assumes no prior knowledge of the subject, designed for undergraduate courses. It also works in vocational and high-school programmes and in onboarding sessions.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 3 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Maya top axis
  • Daniel top axis
  • Aisha top axis
  • Best form for the bad week
  • Best form for the exit
  • Best form for the expansion
  • Final legal form for The Hub
  • Axis you are weighting most heavily

Subjects covered

Designed for courses in New Venture Creation.

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