Presentation 9

10

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Transcript of Presentation 9

Page 2: Presentation 9

Accounting

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Resources are everything that is required to create a sandwich.

Activities involves the process of making a sandwich.

Cost incorporates the operating cost.

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Key ActivitesPurchase Stock

Store and Pack StockFood Preparation

CookingWrapping Sandwich

CleaningCashing

Pay WagesAccounting

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Food Supplies 468.00 Gas 200.00

Wages 0.00 Electricity 300.00

Vehicle Maintenance

200.00 Phone/Tablet

0.00

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Produce Cost Caravan Cost

Personal- Mentor, Read books

Employees- Cook, Customer Friendly, Cash

Capital- Business Development Bank, family

Physical- Caravan location.

Target Businesses, Go to Customers e.g Cross

Intellectual Property-Trade Mark our name and have a Trade Secrete Recipe

Human resources- Build a strong business foundation

Company- Accountant and Manager for business advice

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We can just get a location, cooking equipment, food produce needed to make a sandwich and the overall cost will be our entire cost structure that we would require.

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We seeked advice from our mentor

What are the main resources are needed to establish our business?

What activities should we add to our list

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Capital- Where are we going to get the initial funds and later on what will continue to drive our business

Physical- Where are we going to have the business/Caravan located.Where are we going to get your supply or produce.Where are your main customers located.Goods also require capital.

Intellectual Property-How are you going to protect other businesses from creating your product. Trade Marks prevent others from using your mark, Trade Secret- Secret recipe, contracts, patent preventing others from using your invention

Human resources- How are you going to advance your personal success and company success

Qualified employees- people who have skills deeper than you Cook, Customer Friendly, Cash

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We are going to update our business model canvas