DMS(Hip Wo) Project Learning 1718 3D2_Group 02.

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Presentation transcript:

DMS(Hip Wo) Project Learning 1718 3D2_Group 02

Start Our Own Business Opening a Bakery Shop

Members 04_Angelika (leader) 29_Vikram 17_Chantal 25_Jane 38_Starr

Content Three possible trades: 1. Stationery Shop 2. Hair Salon 3. Bakery Reason for our choice: We would like to introduce different pastries from different countries to the public. Besides money we want to make the people like our creation most importantly enjoy our foods.

Collection of Data Competitors in the market are the nearby bakeries, restaurants & cafes Target customers: People of all ages, groups, occupation and gender Work Hour: 7am-9pm The good & services we are going to sell Baked goods: ▪ Breads $10-$15 ▪ Cookies $20/$35 ▪ Cakes: $55/$90 ▪ Drinks: $10/$30 We will have a lounge where people may relax and there will be wifi for customers to enjoy inside our store. Key Resources: Furniture (tables & chairs) Kitchen Equipment (oven, materials use for baking) Supplies for food Electricity and water

Questionnaire Result Male : 3 people (25%) – Female : 9 people (75%) 20 : 11 people ( 91%) – 20-40 : 1 person (9%) – 50 : 0 (0%) Daily : 4 people (33.3%) – Weekly : 6 people (50%) Monthly : 2 people (16%) – Never : 0 (0%) Weekdays : 10 people (84%) – Weekdays : 2 people (16%) Morning : 7 people (59%) – Afternoon : 4 people (33%) Evening : 1 person (85%) Sweet : 9 people (75%) – Savory : 3 people ( 25%)

Questionnaire Results 7. FBP : 12 people (100%) – PPP : 0 (0%) 8. Yes : 10 people (84%) – No : 2 people (16%) 9. Aroma : 1 person (9%) – Presentation : 0 (0%) Texture : 2 people (16%) – Taste : 9 people (75%) 10. INS : 5 people (42%) – HS : 7 people (48%) 11. Yes : 6 people (50%) – No : 6 people (50%) Paper : 3 people (25%) – Foil : 1 person (9%) – C w/P : 2 people (16%) – Plastic : 6 people (50%) 13. 1: 4 people (33%) – 2: 1 person (9%) – 3: 2 people (16%) – 4: 1 person (9%) – 5: 4 people (33%) 1: 2 people (16%) – 2: 4 people (33%) – 3: 2 people (16%) - 4: 2 people (16%) - 5: 2 people (16%) 1: 2 people (16%) - 2: 2 people (16%) – 3: 4 people (33%) - 4: 1 person (9%) - 5: 3 people (25%) 1: 2 people (16%) - 2: 4 people (33%) - 3: 3 people (25%) - 4: 2 people (16%) – 5: 1 person (9%) 1: 4 people (33%) - 2: 2 people (16%) - 3: 3 people (25%) - 4: 1 person (9%) - 5: 2 person (16%) 1: 1 person (9%) - 2: 3 people (25%) - 3: 3 people (25%) - 4: 4 people (33%) - 5: 1 person (9%)

Baked goods sold : $90,000/ a month Expenditures Electricity $2800/month Twist ties $300 Labels /Stickers $300 Ribbons $300 Boxes $500 Plastic $ 500 Milk $1 100 Sugar $1 000 Coffee beans $1 380 Vanilla Extract $2000 (for Frappucino) Polyphenol $1 350 (for Green tea) ______________________ Total : $59 030/a month Expenditures Flour $5000 in 50kilo Sugar $750 in 30kilo Salt $50 in 5kilo Flavoring $1000 for cupcakes and brownies / $1000 for cookies Butter Eggs $2000 Oil $500 Yeast $500 Salaries ( 2 Staff) $18000/month Rental $9000/month Water Bill $300 month Equipments $10000 Profit /net income : $53 470 Revenue Baked goods sold : $90,000/ a month Beverage sales : sold $15 000/ a month Estimate Calculation: Bread : $10/each x 2pcs per person =$20 X 150 person a day = $3 000/ day =3000/day x 30 days = $90 000/month $90 000 Beverages: $15/ drink*1 pc per person=$15 X 50 person a day X 30 days=$22 500 + $90 000 $112 500 GROSS INCOME I

Oven Kitchen Cakes Bathroom Breads/cookies Cashier ingredients Entrance Kitchen Cashier Bathroom Cakes

Reflection on our business: Purchasing and checking deliveries Bookkeeping and cooking Making bank deposits and paying bills Support monitor and enforce an effective cost control system Set the standards for employees to follow Careful advance planning, organizing, leading and controlling

THANK YOU