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PROPOSAL FOR CONVERTING
YOUR HOBBY INTO A BUSINESS

NAME OF THE STUDENTS

ROLL NO.

Ms. GILLIAN DOURADO

68

Ms. NIDHI JAIN

75

Mr. SATEJ KHOT

83

Mr. JIGNESH MISTRY

93

Mr. CHETAS SHAH

110
Introduction
Cake as a product
Customization The Latest Trend.
A brief on Yolanda
Purpose of this project
Y
OLANDA’S CAKE S
Dem
and
Personalized / Customized cakes
Affiliations with event managers
Free birthday caps and candles
Advertising through radio channels in form of gift

vouchers
Baking classes
Free pastry to frequent clients every quarter
(Innovated pastries like Red velvet cakes)
Free delights to school students on a particular
occasions
Cake on Wheels
Current Pricing Structure
Price
Pricing Strategy to Gain Market Share:
Manage Fixed & Variable Cost
Optimum Utilization of Resources
Bulk Buying
Customization
Build Image of the Product in Consumer Mind
Current Capital
Current Financials for 5 Normal Cakes Per Month & 2 Wedding Cakes Per month
Future Capital
Current Financials for 10 Normal Cakes Per Month & 4 Wedding Cakes Per month
Conclusion
• Money out of hobby- There is no specific marketing

strategy to be followed: spreading the word through
friends and family or even putting up a page on Facebook
and you're set to make profit out of your interest.
• Yolanda a role model- Yolanda can be a role model for
many young entrepreneurs to convert their hobbies into a
money making livelihood and enjoy their work.
Book One now !
So if you have an occasion coming up with a theme for the
party in place, you could surely contact Yolanda and have
her design a cake with a personal touch to match the
theme, which will surely make your Friends envy about it.
Conclusion
• Money out of hobby- There is no specific marketing

strategy to be followed: spreading the word through
friends and family or even putting up a page on Facebook
and you're set to make profit out of your interest.
• Yolanda a role model- Yolanda can be a role model for
many young entrepreneurs to convert their hobbies into a
money making livelihood and enjoy their work.
Book One now !
So if you have an occasion coming up with a theme for the
party in place, you could surely contact Yolanda and have
her design a cake with a personal touch to match the
theme, which will surely make your Friends envy about it.

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Economics How to build a Business Model

  • 1. PROPOSAL FOR CONVERTING YOUR HOBBY INTO A BUSINESS NAME OF THE STUDENTS ROLL NO. Ms. GILLIAN DOURADO 68 Ms. NIDHI JAIN 75 Mr. SATEJ KHOT 83 Mr. JIGNESH MISTRY 93 Mr. CHETAS SHAH 110
  • 2. Introduction Cake as a product Customization The Latest Trend. A brief on Yolanda Purpose of this project
  • 4. Dem and Personalized / Customized cakes Affiliations with event managers Free birthday caps and candles Advertising through radio channels in form of gift vouchers Baking classes Free pastry to frequent clients every quarter (Innovated pastries like Red velvet cakes) Free delights to school students on a particular occasions Cake on Wheels
  • 6. Price Pricing Strategy to Gain Market Share: Manage Fixed & Variable Cost Optimum Utilization of Resources Bulk Buying Customization Build Image of the Product in Consumer Mind
  • 7. Current Capital Current Financials for 5 Normal Cakes Per Month & 2 Wedding Cakes Per month
  • 8. Future Capital Current Financials for 10 Normal Cakes Per Month & 4 Wedding Cakes Per month
  • 9. Conclusion • Money out of hobby- There is no specific marketing strategy to be followed: spreading the word through friends and family or even putting up a page on Facebook and you're set to make profit out of your interest. • Yolanda a role model- Yolanda can be a role model for many young entrepreneurs to convert their hobbies into a money making livelihood and enjoy their work. Book One now ! So if you have an occasion coming up with a theme for the party in place, you could surely contact Yolanda and have her design a cake with a personal touch to match the theme, which will surely make your Friends envy about it.
  • 10. Conclusion • Money out of hobby- There is no specific marketing strategy to be followed: spreading the word through friends and family or even putting up a page on Facebook and you're set to make profit out of your interest. • Yolanda a role model- Yolanda can be a role model for many young entrepreneurs to convert their hobbies into a money making livelihood and enjoy their work. Book One now ! So if you have an occasion coming up with a theme for the party in place, you could surely contact Yolanda and have her design a cake with a personal touch to match the theme, which will surely make your Friends envy about it.