Proposed Idea
I am proposing the idea of a student run cafe and barista training facility. We will operate on the premise of ‘Students teaching students’, which is an important value at Ao Tawhiti. The cafe named ‘Unlimited Caffeine” will be open between the hours of 10:00-10:30 and 12:00-12:40 Monday to Friday, which training being held at negotiated times. The cafe and barista training facility will be solely self funded, and donate profits made back into the school community. This is an innovative idea as there are many cafes around, but no cafe/ barista training facilities, our barista training will complement the current barista training courses that students often attend.
Values
Customer satisfaction
Having ethical business practices …show more content…
Cultural performance:
Where a business includes respect for cultural differences of all stakeholders such as the workplace culture, music culture, arts culture, culture related to ethnicity, spirituality, and ethical practices.
Mission and Objectives
Mission
At Unlimited Caffeine cafe and barista training facility, we strive to provide the students and teachers of Ao Tawhiti with quality food and coffee, at affordable prices. We also will provide quality barista training for students.
Corporate Objectives
Ensure our customers are satisfied with our business practice and products
Teach students valuable life skills, they can use outside of school
Become financially stable
Once financially stable, donate profits back into the school, to help out and grow community
Business Aims
Our aim will to start the business and get it up and running, to then hand over to anpther group of students by the 31st of August
Our aim is to train at least 1 person per week
Timeline
Contact Nick to install coffee machine
Make first order to Hummingbird
Go for barista training with Hummingbird
Put up posters/ signs
Send out email about Cafe and barista training facility opening
Purchase all stock needed
Open …show more content…
Boston Matrix
High Market share, High Market Growth: Coffee, Chocolate
Low Market share, Low market growth: Noodles, Biscuits
Forecasts
Rates of sale
We want to be seling at least 10 coffees a day, that would be the equivalent to around $30 a day. At that rate we would be making around $150 per week, that would be enough money to be able to pay the school back and eventually start being able to pay for our stock and also make profit.
Sales forecast
If our rate of sale meets our expectations, we expect over a 4 week period, to make $600
Pricing policies
Our prices are likely to stay the same though out this business activity, as we can not raise them as people will come to our cafe because the coffees are cheaper than our competitors. If we raise them, they may choose to go to our competitors over us.
Market share
We will only have a very very small market share.
Costs revenue
Our costs revenue will be lowered as the workers at our cafe will be volunteers, and all transport will either be made by foot, or free, as we do not need to pay courier fees when ordering from Hummingbird. Essentially as we need to pay for is the stock, this enables us to keep our prices low and still make a
I am proposing the idea of a student run cafe and barista training facility. We will operate on the premise of ‘Students teaching students’, which is an important value at Ao Tawhiti. The cafe named ‘Unlimited Caffeine” will be open between the hours of 10:00-10:30 and 12:00-12:40 Monday to Friday, which training being held at negotiated times. The cafe and barista training facility will be solely self funded, and donate profits made back into the school community. This is an innovative idea as there are many cafes around, but no cafe/ barista training facilities, our barista training will complement the current barista training courses that students often attend.
Values
Customer satisfaction
Having ethical business practices …show more content…
Cultural performance:
Where a business includes respect for cultural differences of all stakeholders such as the workplace culture, music culture, arts culture, culture related to ethnicity, spirituality, and ethical practices.
Mission and Objectives
Mission
At Unlimited Caffeine cafe and barista training facility, we strive to provide the students and teachers of Ao Tawhiti with quality food and coffee, at affordable prices. We also will provide quality barista training for students.
Corporate Objectives
Ensure our customers are satisfied with our business practice and products
Teach students valuable life skills, they can use outside of school
Become financially stable
Once financially stable, donate profits back into the school, to help out and grow community
Business Aims
Our aim will to start the business and get it up and running, to then hand over to anpther group of students by the 31st of August
Our aim is to train at least 1 person per week
Timeline
Contact Nick to install coffee machine
Make first order to Hummingbird
Go for barista training with Hummingbird
Put up posters/ signs
Send out email about Cafe and barista training facility opening
Purchase all stock needed
Open …show more content…
Boston Matrix
High Market share, High Market Growth: Coffee, Chocolate
Low Market share, Low market growth: Noodles, Biscuits
Forecasts
Rates of sale
We want to be seling at least 10 coffees a day, that would be the equivalent to around $30 a day. At that rate we would be making around $150 per week, that would be enough money to be able to pay the school back and eventually start being able to pay for our stock and also make profit.
Sales forecast
If our rate of sale meets our expectations, we expect over a 4 week period, to make $600
Pricing policies
Our prices are likely to stay the same though out this business activity, as we can not raise them as people will come to our cafe because the coffees are cheaper than our competitors. If we raise them, they may choose to go to our competitors over us.
Market share
We will only have a very very small market share.
Costs revenue
Our costs revenue will be lowered as the workers at our cafe will be volunteers, and all transport will either be made by foot, or free, as we do not need to pay courier fees when ordering from Hummingbird. Essentially as we need to pay for is the stock, this enables us to keep our prices low and still make a