TASK 7

Doing the actual task was easier said than done. There was a lot of planning that went on as you just saw through this blog. The main aspect we had to put into consideration was getting each person to each site with all the equipment.

This picture was the stall we set up outside Charlie's house, in Bexleyheath. We moved to Bexley high street the following day and then later in the week we moved to Dartford. This worked out well, being we done this on the first day it finished well.

TASK 6

This is our step by step record of the 6 days that we sold. This spreadsheet has a step by step on how much we made from each day and then the addition of new stock. Our total profit for the end of the 2 weeks was £138.05, minus the £10 we have to give back.

TASK 8

TASK 9

Evaluation:

What went well:

Those of the team that participated came together well and worked hard to meet our goals. Roles in the group were established early on and so everyone knew what they had to do. For the most part of the sales, we were quite busy and so ran out of stock quickly. We bought our stock fresh every morning so they had a long shelf life and we could continue selling all day. The group agreed on most of the ideas that came up for example; logo, team name, the business idea and roles assigned. The initial selling of the cakes went well, all members were friendly and we did not have any complaints about the service or the product.

What problems did we face:

Not all members of the team took part, meaning other people had a bigger workload. When selling, some days were busier than others, on the days where it was quieter; we didn’t make as much profit. Also the hot weather lead to the products to start becoming slightly stale therefore we had to lower our prices towards the end of the day. The poor weather meant that we couldn’t sell for as long on one of the days, so that lead to us not making as much money as we could have.

What we would do differently next time:

We feel we may have been more successful and made more of a profit if we had sold in school rather than on high streets. This is due to students being more willing to buy cakes than people shopping or on their way to work etc. We also would widen our variety of stock, for example, selling ice poles would have been successful because of the hot weather. Also, rather than going home after we had sold out, we could have gone and bought more stock for later that day, which would have increased the amount of profit we made. We could have taken more pictures of us actually selling the cakes, which we forgot to do due to trying to set up the stall and jumping straight into selling the cakes.

TASK 5

Our video task we done a little differently. Victor completed this task by creating a short rap, the rap being a promotion boundary.

TASK 4

The research done for this task was carried out by looking at how much stock would cost, how much we could make from that initial stock, and then how much we could make from buying more and more and so on and so on. Also to get to the conclusion we did first off we needed to do surveys to see if our idea would work. We did this by creating a number a of surveys and getting different people to fill them out. The questions ranged from 'where would the best the place to be to sell?' to questions as to cost and how much you would buy a certain item. From that we took an average of the best answers and then came up with the final stages of costing and location.

TASK 3

Task 3 is the blog itself. We used this as a presentation tool to save on making a separate powerpoint. This blog will consume of all the task needed to be completed, and a little background into how we came to some of our decision such as the team name, logo, idea etc. This was also a much more creative and different way of presenting our ideas instead of showing a normal boring powerpoint which can get repetitive.

TASK 2

On Friday 26th, we as a group came up with all the initial ideas to go forward on this Tenner Challenge. After finishing Task 1 of coming up with the name and the logo, we then started Task 2 on the same day. We as a group brainstormed and came up with 7 ideas, and then chose our main idea.

Our main idea that we came up with was having a cake sale. From this we did our research into costing of buying stock, and then selling them on. We found this of being the most effective decision because they're easy to move around, fairly cheap and also we could save money by using Charlie's store discount.






Our other ideas included having Victor perform a gig, a car wash, football tournament at goals, karaoke and bot sale. Seeing as these needed a lot more time and prep, we decided that the easiest option was to keep it simple and sell things we knew would sell instead of risking our start up fund.

TASK 1

Team Name:

For our team name we had a vote between us. We had 6 choices of names:
-Neecy Chandos
-Ballers
-G Man and Co.
-Cheeky Bitches
-Red Slammers and Co.
-Artful Dodgers
From these choices, Chris, Charlie, Bruce, G, Elleshia, Kim, Henry, Victor and myself (Mitchel) all had a vote. The voting went with G Man and Co. winning with 5 votes, then Neeky Chandos with 2, Red Slammers and Co. with 1 and the Artful Dodgers and Cheeky Bitches with no votes.

Team Logo:
Our logo is a picture with a man posing as Shia LaBoauf holding a cake. The saying of 'Just Do It' is from his inspirational speech of 2015. His speech is what inspired the group to go with him as the role model of whole thing, and the addition of the cake is because our main idea is selling cakes, cookies, doughnuts etc. which is shown in Task 2.