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Planning For Your Business Task
 

Planning For Your Business Task

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M4/12 Business Task

M4/12 Business Task

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    Planning For Your Business Task Planning For Your Business Task Presentation Transcript

    • Planning For Your Business Task
      M4/12 Business
    • GROUPS – Last chance to change group or product today!
      Fried Potato – Fine, Pear, Jiew, Jan, Poom, Tern
      Banana Dumpling – Angie, Front, Anis, Ping-Ping, Ice
      Toast and Ice Cream – JJ, Joy, Anna, Namtan, Ploy
      KanomKhoe– Au, NokNahm, G-Na, Mint, Fah
      SPB JM + DIY – Petch, Baitoey, Palm, Opor, Bonus
      ICU + Ice Tea – Memie, Ten, Nut, Nut, Mike, Pao
    • Business Task
      You will be selling your product in the school on Friday 25th February.
      Today we will be planning this activity.
      What will we need to do to be ready?
    • Business Task
      First thing to think about – MONEY
      Create a spreadsheet for your group
      Include
      Money that you are going to invest
      What you need to buy – and how much it will cost
      How many items of your product will you make?
      How much will you need to sell your product for to make a profit?
      How many items will you need to sell to break even?
    • Business Task
      Please think carefully about how much money you are prepared to invest in your business.
      Remember you are only selling to other students!
      In the past only 1 or 2 groups have made a loss.
      Broken equipment
      Running out of one ingredient and having lots of leftovers of other ingredients
      Selling products too cheap
      Selling products too expensive
      Biggest profit – about 3000B – can you make more?
    • Business Task
      Second thing to think about – PROMOTION
      How are you going to let people know about your product?
      Think about
      Menu or price list
      Promotional poster
      Advertising – Facebook, word of mouth...
    • Business Task
      Third thing to think about – PREPARATION
      You must be prepared and ready to go, you only have a small window of time to sell your product!
      Think about
      Do you have the right equipment?
      Do you have enough ingredients or materials?
      Do you have somewhere to store ice?
      Do you have enough gas to cook?
      Do you need electricity?
    • Business Task
      Do you need extra time to set up your “shop”?
      What subjects are you studying on Friday afternoon?
      If you need extra time it’s better to ask in advance!
    • Mystery Shoppers
      Some mystery (secret) shoppers will grade your small business.
      The will mark you on:
      Quality of food
      Value for money
      Taste
      Customer Service
      Promotion of business (Poster/ Menu)
    • What I want to see today
      Completed Spreadsheet
      Final list of Equipment
      Final list of Ingredients / Materials
      Menu / Product Information
      Finished? Make a start on your promotional poster!