Friday, May 28, 2010

WRAPS & COOKIES 4 SALE

A. A problem we encountered was we ran out of wraps too early into the lunch on wednesday and thursday , so on friday we made double the wraps we did throughout the week and we made way more money.


B. I learned how to make a business plan and apply to a real life scenario . I learned how to make cookies and how to count money, i can apply all of those things to my life. The project was a great way to realize how much effort and thought needs to go into your business plan to be successful, make money, and of course satisfy your customers needs.


Thursday, May 13, 2010

Social Entrepreneur

-tom went to argentina to relax drink wine and play polo and he was by some impoverished villages.

-none of the kids in there villages had shoes so he wanted to make them shoes.


-tom invested all of his time and money towards making shoes for kids without them.


-one some buys a pair of tom shoes he gives one free pair to a child in need somewhere in the world.




-tom goes to each of the places that buys the shoes and fits the shoes on the childrens foot and he say'' its all about the experience putting on the shoe to the childs foot


-since the begininng of toms shoes he has given away in 400,000


-toms company makes the shoes in argentina and ships them all over the world.

-he doesnt pay for advertising because his business sells itself





















Wednesday, May 12, 2010

Developing the Plan

i. Developing a good businees plan can put you on the right track to success in a small business. A business plan summarizes a business mans proposed venture. It provides an organized
report of a company's goals and how the management intends to reach their goals.

ii. What to include in a business plan. Vision and mission statements, market analysis, Industry Overview, Competitive analysis, Marketing plan, Operational Plan, Organizational Plan, Finacial Plan, Growth Plan, Contingency plan, Executive summary.

iii. Some key attributes needed are having some goals and objectives, establish the business's goals and objectives and relate them to the invesment you seek. Some people to be successful advertise there business or there ideas as a entrepreneur