Business Case Study: Root Bear Floats

1842 Words 8 Pages
“The road to success and the road to failure are almost exactly the same” - Coin R. Davis. At my school’s farmer’s market I sold refreshing and delicious root beer floats and of course I couldn’t have done without my fantastic partner Lila Blees. To go along with our out of this world product we had to have a great name. That name was Root Bear Floats. During this project we learned about profit margins and recognized things we did well and things could improve on in the future.
During this project we had to learned about profits and expenses. We spent our money on a table, yummy ice cream, and fizzy, bubbly root beer. Lila and I also had to pay money for our advertising, cups, straws, spoons, and a cooler. Those things were cheaper because,
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Davis. At my school’s farmer’s market I sold refreshing and delicious root beer floats and of course I couldn’t have done without my fantastic partner Lila Blees. To go along with our out of this world product we had to have a great name. That name was Root Bear Floats. During this project we learned about profit margins and recognized things we did well and things could improve on in the future.
During this project we had to learned about profits and expenses. We spent our money on a table, yummy ice cream, and fizzy, bubbly root beer. Lila and I also had to pay money for our advertising, cups, straws, spoons, and a cooler. Those things were cheaper because, we already had those things so our parents made the prices for them. Together we spent $14.48 creating our product, wonderful advertising, and the rent for our table. Our profit was $19.02 and we made $9.51 each. We were happy with our profit but, we think we could do better next time.Overall our business was a fail because, the minimum wage is $8.10 per hour and we spent two hours producing our root beer floats and advertisement. We only made $9.51 each and we were supposed to make $16.20 each. Our problems were we bought more ingredients than we needed and we had some problems with our change. We used a lot of posters to advertise and we gave decent customer service. There are a few things Lila and I regret doing and if we didn’t do them, then our business could have been a

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