Planning For Your Business Task M4/12 Business
GROUPS – Last chance to change group or product today! Fried Potato – Fine, Pear, Jiew, Jan, Poom, TernBanana Dumpling – Angie, Front, Anis, Ping-Ping, IceToast and Ice Cream – JJ, Joy, Anna, Namtan, PloyKanomKhoe– Au, NokNahm, G-Na, Mint, FahSPB JM + DIY – Petch, Baitoey, Palm, Opor, BonusICU + Ice Tea – Memie, Ten, Nut, Nut, Mike, Pao
Business TaskYou 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 TaskFirst thing to think about – MONEYCreate a spreadsheet for your groupIncludeMoney that you are going to investWhat you need to buy – and how much it will costHow 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 TaskPlease 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 equipmentRunning out of one ingredient and having lots of leftovers of other ingredientsSelling products too cheapSelling products too expensiveBiggest profit – about 3000B – can you make more?
Business TaskSecond thing to think about – PROMOTIONHow are you going to let people know about your product?Think aboutMenu or price listPromotional posterAdvertising – Facebook, word of mouth...
Business TaskThird thing to think about – PREPARATIONYou must be prepared and ready to go, you only have a small window of time to sell your product!Think aboutDo 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 TaskDo 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 ShoppersSome mystery (secret) shoppers will grade your small business.The will mark you on:Quality of foodValue for moneyTasteCustomer ServicePromotion of business (Poster/ Menu)
What I want to see todayCompleted SpreadsheetFinal list of EquipmentFinal list of Ingredients / MaterialsMenu / Product InformationFinished? Make a start on your promotional poster!

Planning For Your Business Task

  • 1.
    Planning For YourBusiness Task M4/12 Business
  • 2.
    GROUPS – Lastchance to change group or product today! Fried Potato – Fine, Pear, Jiew, Jan, Poom, TernBanana Dumpling – Angie, Front, Anis, Ping-Ping, IceToast and Ice Cream – JJ, Joy, Anna, Namtan, PloyKanomKhoe– Au, NokNahm, G-Na, Mint, FahSPB JM + DIY – Petch, Baitoey, Palm, Opor, BonusICU + Ice Tea – Memie, Ten, Nut, Nut, Mike, Pao
  • 3.
    Business TaskYou willbe 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?
  • 4.
    Business TaskFirst thingto think about – MONEYCreate a spreadsheet for your groupIncludeMoney that you are going to investWhat you need to buy – and how much it will costHow 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?
  • 5.
    Business TaskPlease thinkcarefully 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 equipmentRunning out of one ingredient and having lots of leftovers of other ingredientsSelling products too cheapSelling products too expensiveBiggest profit – about 3000B – can you make more?
  • 6.
    Business TaskSecond thingto think about – PROMOTIONHow are you going to let people know about your product?Think aboutMenu or price listPromotional posterAdvertising – Facebook, word of mouth...
  • 8.
    Business TaskThird thingto think about – PREPARATIONYou must be prepared and ready to go, you only have a small window of time to sell your product!Think aboutDo 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?
  • 9.
    Business TaskDo youneed 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!
  • 10.
    Mystery ShoppersSome mystery(secret) shoppers will grade your small business.The will mark you on:Quality of foodValue for moneyTasteCustomer ServicePromotion of business (Poster/ Menu)
  • 11.
    What I wantto see todayCompleted SpreadsheetFinal list of EquipmentFinal list of Ingredients / MaterialsMenu / Product InformationFinished? Make a start on your promotional poster!