Small Business Idea BTEC Level 1 Diploma in Business Administration

1. Mohamed
Hatheeb
Zee

2. For our small business idea we will be getting a supply of Shamballas
and selling them to make a profit.
We will be selling 3 different kinds of Shamballa jewellery:
bracelets, earrings and pendant. They can be sold separately or in a
whole set and they will be gift wrapped. We will be selling them in
the reception because everyone passes reception.
We will have a table with a nice decoration to place our Shamballas
on and we are setting up a stall in college to sell them.

4. We surveyed both females and males.

5. We surveyed the following age groups. We found that most of our buyers are in the age
range of 15-17.

6. We surveyed if people are willing to pay £10 for a shambala bracelet. More people
agreed that the price was a reasonable price.

7. We surveyed if people are willing to pay £15 for two shambala bracelet. More people
agreed that the price was a reasonable price.

8. We surveyed if people are willing to pay £4 for a shambala earrings. More people agreed
that the price was a reasonable price.

9. We surveyed if people are willing to get their shambala gift wrapped. More people
agreed than disagreed.

10. We surveyed on what colours people would like to buy and everyone that we surveyed
liked all the colours we offered.

11. We surveyed if people are willing to pay £18 for a shambala set. People agreed that the
price was a reasonable price.

12. We surveyed if people would buy a shambala as a gift most people we surveyed agreed.

13. We surveyed if people would buy a shambala set, most people we surveyed agreed.

14. We surveyed if people would buy a shambala pendant most people we surveyed
disagreed.

15.  The shamballa bracelets, earing and pendants
 Gift bags
 Table and two chairs
 Cloth for table to make it look presentable
 Float
 Money box with a lock
 Calculator
 Boxes to put under the cloth

16. Our target market age is 15 to 17, 18 to 20 and 21 going upwards, we target the market
students and teachers at Epping Forest College mostly.

17. Zee, Mo and Hatheeb are sharing all the costs between us. Whatever the total turns out
to be we will each put an equal amount of money in to cover the costs. This money will
come out of our savings.
Once we start making profit we will cover the costs a with our profits and the profits
we have left over will go to all three of us in equal amount.

18. The costs of our supplies are:
 £3.49 for one shamballa bracelet we buy 5 of each colour
which comes to 30 shamballa bracelets. The total for the
bracelets will cost £104.70.
 £3.19 for 50 bags which we will sell for £3 each to get it gift
wrapped
 £1.39 for each earing which we will sell at £4. We will be
buying 5 of each colour which comes to 30 sets of two
earrings. The total costs of the earrings £41.70
 £1.65 pendant which we will sell at £7. We will be buying 5 of
each colour which comes to 30 Pendants. The total price will
come to £50.70
 All together the total cost comes to £200.29.
 Our cost prices are from Ebay.
 We will pay £66.76 each to start the business up.

19. The selling prices we will sell our supplies at bases on our
research.
 Bracelets £10 each or two for £15
 Earrings £4 each
 Pendant £7
 Set of all three pieces £18

20. We have designed a flyer which we will show you now.
We will place them on the desk in reception, the TV screens, hand
them out to students and teachers and we will email them out.