Make a Business Report about selling Bubble Tea

User Generated

ZfCevaprff

Humanities

Description

Business Plans

For this assignment, you will take on the role of a small business owner. We will go through the process of planning for, funding, marketing, and running a small business. This project will end with the market, at which you’ll see your business in action as you buy, sell, trade, and experience commerce with your fellow business people.

Purpose

-To work on your analytical, creative, and technical writing skills

-To practice writing to a specific audience and in a specific format

-To get a sense for what it’s like to plan and start a business

-To experience a micro-economy

-To gain some experience with marketing and business ownership

Assignment

A close-to-real business plan that includes market research, a funding plan, a marketing plan, pricing scheme, promotional & marketing material, and supply information. Your plan needs:

-an executive summary, giving a snapshot/overview of your business (what you do, where you'll set up, etc.)

-a funding plan (where your money will come from initially, eg: self-financed, bank, etc.)

-marketing & pricing plan (how you will promote your business and price your goods/services)

-1 piece of promotional material (flyer, poster, commercial, giveaway item)

-Business cards (1 for everyone in class and 1 for me, so 23 total)

-Something to do on market day (merchandise to sell or trade, games, or a service)

-1,000-1,500 words

Timeline (flexible)

Day 1

In-class

-Go over the basics of writing a business plan

-Begin brainstorming ideas

At home

-Begin prewriting plan

Day 2

In-class

-Continue brainstorming

-Begin market research

At home

-Begin drafting plan

Day 3

In-class

-Continue, finish market research

-Get started on business cards & promotional material

At home

-Finish drafting plan

Day 4

In-class

-Peer edit business plans

At home

-Begin revising, work on promotional material

Day 5

In-class

-Promo day! Trade business cards, show off & give out your promotional material, and promote your business! Examples of promotional material include: flyers, prizes with your business info, and posters. Games and challenges during promo day are also highly encouraged.

At home

-Continue revising, prepare final draft

Day 6

In-class

-Market day! Buy, sell, trade, and play in the microeconomy.

At home

-Submit final draft of plan on Canvas by midnight

Requirements & Assessment

-Paper is 1,000-1,500, uses 12 pt font, 1.15-2x spaced throughout, with 1” margins (2 points)

-Business cards and promotional material are professional, and professionally made - notebook or printer paper won't cut it! (4 points)

-Some sort of good or service is available for purchase (with fake money, of course,) on Market Day (4 points)

Content & Organization

-Prose is clear, appropriate for the audience, suitably formal (2 point)

-Executive Summary gives a clear view of your business (2 points)

-Marketing data is utilized effectively (2 points)

-Funding, Marketing, and Pricing plans are clear, well-researched and realistic (2 points)

Mechanics

-Mechanical Precision (free of errors in grammar, punctuation, syntax, context, format, text not justified) (2 points)

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: BUBBLE TEA CAFÉ BUSINESS PLAN
Bubble Tea Café Business Plan
Student
Tutor
Institution
Date

1

BUBBLE TEA CAFÉ BUSINESS PLAN

2

Bubble Tea Café Business Plan
Executive Summary
Bubble tea is gaining wide acceptance within our country; hence we have decided to
establish a bubble tea business so that we can offer our customers quality bubble tea. The
customers have the freedom to choose different flavors. Our services will be located near our
university and majority of our customers will be students. We will always offer them quality tea.
Being near a university will provide our business with a strategic advantage in helping it to
attract more customers. To make it better our business is located just opposite the university gate.
Our café is easy to access too.
We have considered the level of competition in this area and realized that our business
could flourish and outscore the other business offering the same services around our university.
With the quality of our tea, we are sure that we will attract more customers. We have also put in
place public strategies which will make us the best café around the university. We intend to
invest in specialized bubble tea making equipment like sealers, electric heater, and shakers. We
have invested in sugar dispensers, tea jabs, and stirrers. We intend to install a point of sale in the
future to help us better the services we offer to our clients.
Even though bubble tea of a specific ...


Anonymous
Goes above and beyond expectations!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags