Transcript of "030910 Econ Restaurant Planning 100m"
Good Day! DRAW A LINE SEPARATING TODAY & YESTERDAY 1) Write: Date: 03/11/10 , Topic: Restaurant Planning 2) On the next line, write “ Opener #26 ” and then: 1) Plot your mood, reflect in 1 sent . 2) Respond to the opener by writing at least 2 sentences about : Your opinions/thoughts OR/AND Questions sparked by the clip OR/AND Summary of the clip OR/AND Other things going on in the news. Announcements: None Intro Music: Untitled
Agenda 1) Richard Branson Case Study 2) Introduce Project Requirements 3) Setup Google Docs 4) Restaurant Case Studies End Goal, you will be able to… 1) What makes a good restaurant? Reminder 1) Which brunch can bankers come in? Worth $1920 dollars! 2) Podcast, EmoIQ Quiz, Biz Plan 3) Begin working on your business plan sections (due Block 3/22)
Why are we creating business plans? 1) You might one day 2) To understand what businesses need to grow (create jobs), what can the economy do to support workers and businesses
Entrepreneurship Introduction 1) Your job is NOT to invent, but to make better , so much better, people are delighted to give you money. 2) Almost everyone has good ideas 3) Almost everyone will not act on those ideas 4) Success is based more on the willingness to take risk than smarts (hire smarts) or money (borrow money). Initiative is everything.
Work #25a , Title “ Richard Branson ” Read the article and answer : 1) What success has Branson had? 2) What failures has Branson had? 3) What tips can we gleam from Branson? 4) From the video , what the role of the customer AND differentiation ? 5 Reading/Film Qs Come From These Work Sections
Work #25b , Title “ 21st Century Skills ” 1) Ask good questions (curious) 2) Collaborative (works well in teams) 3) Motivates diff. kinds of people (leadership) 4) Effective communicator (relay your ideas) 5) Creative (creates things) 6) Adapts to change/differences (unexpected) 7) Entrepreneurial (takes risk and initiative) 1) Write down your score from the quiz. 2) Write down which one skill you want to focus on using during this week’s activities. 3) Save room for 3), which you will later write your progress with week’s target.
Business Plan Requirements First Project: Prepare a business plan for a local Cupertino restaurant. (100 Points) Second Project: Prepare a business plan on any profitable idea. (100 Points) Project Leader: Rate each section’s difficulty 1-10, and then help assign each person at least 2 sections.
Google Docs a) Make sure everyone has a Google account (like gmail) b) Upload 3 items : handout doc, finance spreadsheet , and slide placeholder from the class website and share with group 1-7) As a group, survey each of the 7 resources , and in your workbook, rate each of the sources potential usefulness.
Work #25c , Title “ Restaurant Case Studies ” 1) Copy Source Title: Varied 2…) Say what it is AND do you like it 5 Reading/Film Qs Come From These Work Sections Time Bookmark: 00:00
Work #26a , Title “ Business Plan Notes ” 1-6, 8) Discuss and write down notes for core decisions for each section. Notes for your section should be in depth, others should be short. When you get to section 7, it should be filled out on the handout.
Homework: 1) Take Emotional IQ quiz . 2) Pick and listen to your 4 news podcast by next Monday. 3) Begin working on your business plan sections (due Block 3/22) Thursday we will talk about the Financial Section. Workbook Check: If your name is called, drop off your workbook with Mr. Chiang ( if requested, points lost if your workbook is not turned in )
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