P4 Unit 1 - My first Business Plan

Morning Year 12 L2

If you have not submitted P3 M3 go and do it period 1 today before you come back P2

https://docs.google.com/document/d/1m1MPjRuZnCo4XXQ582LzfMWcoLwUD4MGCOi4aIK6gPQ/edit?usp=sharing

1. Put yourself in teams of three.

2. Think of nine business start ups.

3. SWOT Analysis or the top three exciting ones to see which one you decide

4. Pick one that you think would be the most successful
5. Now carry out a competitive analysis for one
6. Carry out some secondary research. How big is the market ? Is it in decline or growth? Who appears to be doing well and why?

7. Primary research - Create a ten question survey in first plan the questions then convert them into a google forms

8. Send it to at least 10 people out side school
9. Write up your findings in the form of a business plan see below 

10. Create a presentation to a dragons den audience with the intention of securing investment! How much do you need and how much PROFIT are you happy to give them in return ?

Business plan presentation expectation by next Tuesday 11th December 2018 P1


Working Collaboratively create: 

1. Dragons Den Presentation

P4 Part 2 - Checklist of things to include apart from the Fully competed Business Plan by Tuesday 18th December 2018 3pm in to my post-box!

1. Peter Jones 90 day Business Plan or any other you can find from a bank, Barclays or HSBC or use this one here if its easier? Business Plans - why bovver?
2.  SWOT Analysis 
3. Planning the questionnaire
4. Questionnaire survey - Survey Monkey or Google Forms
5. What the results from the survey tell me
6. Appendix of resources and research
   

Enjoy your start up budget is £10k per business idea as no one will lend you any less!

Mr T

 

 

Business in the Community working to develop student leadership and character in their local schools

"Just imagine if......."

East Grinstead

'flower capital of Sussex'

in partnership with our potential founder members and inspirational thinkers including:

The Official Opening Ceremony Dignitaries
The Duke of Sussex 
Lord Lieutenant of West Sussex 
& 
Town Mayor

Supporters

#BITC - the inspirational thinkers
The Princes Trust - 'the believers that youth can do it'
East Grinstead Business Association - the networkers

The Sponsors

Waitrose - the potential sponsors

London Bar and Grill - the risk takers
East Grinstead Book Shop - the visionary
The Retreatery - the brand builders
The Bluebell Railway - the tourist attractors and movers 

Facilitators

Town Council - the shakers
Orchard Nurseries - the town's growers
Doves Barn - the town's growers

East Grinstead in Bloom - the experts

&

The Tycoon in School Winners 2018  the PJ Foundation Alumni and Experience Directors

The Town Schools
Sackville - the workforce
Imberhorne - the workforce

~

How difficult would it be to?

Imagine if a student lead, enterprise challenge was available for anyone in any town school to get involved with.

Imagine if a tunnel of flowers from the railway up station approach up the London Road around the old high street and as far as Sackville College.

Imagine if we could beg, borrow and buy flowers from growers and fund it by the benefactors who will make money from the increase in visitors to the town.

Imagine if we staffed it by student volunteers and other volunteers from the town.

Imagine if it was projected managed by Tycoon in School Alumni

Imagine if it was supported by Waitrose, The Town Council, East Grinstead in Bloom

Imagine if it was sponsored by business owners, grants and other initiatives



The 2018 Annual Christmas Best Business Student Current Affairs Quiz

Who dares wins...

Money Matters so is it not time that you learned about it

Dear Year 10


we have an opportunity in partnership with Martin Lewis from MoneySavingExpert.com website to teach you loads about it.

Unit 2 P3 Assignment Brief - help yourself pack!

TASK 2 – P3 Review the methods and opportunities used by travel and tourism organisations to gain a competitive advantage and achieve business aims

Deadline Date: Wednesday 3rd June 2015

Using the same organisations in the previous task. Create a fact sheet or display which reviews the methods and opportunities used by both organisations to gain competitive advantage and achieve business aims providing examples. Your examples must cover all types of aims including:

Financial aims:

• To survive - this objective would only apply to a start up business entering the market 
• To brake even - again this objective would apply to a small start up business
• To increase sales revenue year on year by 15-20%
• To make a profit to grow the company, pay shareholders a dividend, pay staff a bonus or retain profits for future initiatives.
• To grow the companies market share
• To be the customers first choice of airline carrier in the world

Other aims may focus on the companies Image and reputation

• To aim to be environmentally friendly and reduce its carbon footprint as M&S did
• To adopt a policy to only get involved with responsible tourism
• To make a commitment to creating quality products or services to satisfy a current demand in the market

P3 Checklist / action plan

1. You should start by identifying your chosen companies aims and objectives.  
2. You then need to discus why these aims and objectives are relevant to your chosenb business.
3. Your chosen business examples must be sufficiently detailed to demonstrate that you understand how the method or opportunity to gain a competitive edge has achieved the business aims. (P3) Examples of what companies do to create a competitive advantage include:

• Providing added value - what does this mean?
• Providing new or innovative products or services - what will replace the Airbus
• Embedding Total Quality Management into the day to day business activities click here can you think of any examples of this?
• Providing exceptional customer service and training and developing all staff - how does your chosen companies do this?
• Targeted advertising and promotions - BA carried out a joint promotion with Sainsbury's many years ago.  What are they doing currently?
• Innovative pricing policies - price is a massive part of the marketing mix to generate sales however not everyone can travel when they want to and and price is often charged at a premium for exclusivity and prime time.  How does your chosen company price its products and services to gain a competitive edge?
• Taking advantage of locational benefits - does your company have exclusive access to certain airports and destinations and hotels that no other company does?
• Using modern sales techniques through integration and or through consortium membership - look at this sexy organisation here or this one here . This is very good method of creating an exclusive membership of suppliers who have maintained a minimum benchmark of service and quality and aim to target customers who appreciate such quality. 

M1 Additional work

Your fact sheet or display should also compare the organisational and financial characteristics of the two organisations chosen and the methods and opportunities they have used to gain competitive advantage. All the items covered in previous tasks should be included when carrying out your comparisons. (M1)

D1 additional work

In your fact sheet or display you should also evaluate the links between an organisation’s characteristics and its success in gaining competitive advantage and achieving its aims (D1)

Deadline Date: 
P3, M1, D1: Noon on 19th December 2018

Imberhorne School Careers Academy supporter of teh Gatsby Foundation

Dear all
this is an exciting list of training providers and employers for anyone is is thinking about not going to uni or even maybe:




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