Monday, June 10, 2019

Today we will be talking about press releases and you are to write a press release for your business or another one and then post it on this site.  If you can't post it, send it to me and I will post it.  

Resources : Youtube 

Examples

Sample Furniture 

Template and Instructions

Friday, January 19, 2018

Friday Jan 19

Good Morning,

I am so sorry for being away.

I am moving your presentations until Monday and Cancelling the Final (Quiz) Exam.

Instead, you will have a final assignment for today where you can highlight some your knowledge from the semester.

FINAL ASSIGNMENT

Go to the this LINK.  It is a list of 50 business ideas for teens.  Pick one of the business ideas and imagine that you are going to start that business or someone you know is going to.  Using your knowledge of business, work through the following questions with that business in mind.  Use as many terms that you know that are relevant in your answers.  Show what you know in your own words.  Not cut and paste.  Everyone does their own assignment.   Good luck!

1. What is the business idea?
2. What 'branding' would you do with that business or suggest someone else do? (you do not need to have a full brand plan but talk about it in general as it relates to the business)
3. What form of business ownership would be best for that business?
4. What would a good money plan be: where to get start up capital? What type of costs would be involved? Estimate a break-even point.
5. Briefly explain the business using each of the 4 p's.
6. Would there need to be employees? Why or why not?  If yes, what management style would work best? What qualities would you look for in hiring?
(7). This will only apply to some businesses: What production methods would work best for making the products?

Please email me the answers.

Have a great weekend and I look forward to your presentations on Monday.

Wednesday, January 17, 2018

Sorry that I am away today.

First, finish your Pitch.  We will present them all on FRIDAY which mean that they should be 100% ready to go at the BEGINNING of class.

Tomorrow, we will review for your Final Quiz which will be on Monday Jan 22

Here are the terms.  They have all been in review before

Supply and Demand
Free Market
Econominc Cycle: Growth, Boom, Recession, Depression
Business ownership: Sole Proprietorship, Partnership, Corporations
Franchise
Joint Ventures
Stratigic Alliances
Mergers
Multinational Corporations
Ethics
Whistle Blowing
Insider Trading
Fraud
Worker Safety/Harassment (WCB and Worksafe BC)
Triple Bottom Line (Profit, Planet, Profits or Environmental, Finanncial, and Socially Responsible)
Pay Equity
Privacy Laws (Know that peoples private information is protected by law)
Fair Trade
Planned Obsolecence (Story of Stuff)
Percieved Obsolecene (Story of Stuff)

Invention
Innovation
(How inventions/innovations can have both positive and negative impacts)

Human Resourses
Skilled Labour
Unskilled Labour
employee turnover

Salary
Salary plus Commission
Hourly wages
Commission
Incentive Bonus
Performance Pay
Fee for Service
Stock Options

How to deal with Customer Complaints?
LEARN
Listen,
Empathize
Apologize
React
Now

Leader vs Manager
Democratic leader
Autocratic
Laissez faire

Raw Material
Processing
Grading
Quality Control
Labour
Capital.

Economies of Scale
Dis-economies of Scale

Natural Resources
Raw Materials
Labour
Capital
Information
Management
Purchasing
Processing
Quality Control

Production Cost 
Landed Cost


Fad,
Niche,
Seasonal

Reach:
Frequency:
Selectivity:
Durability:
Lead-Time:
Mechanical Requirements:
Clutter:
Costs:

annual report
asset
equity
fiscal year
gross profit
liability
net profit
operating expenses
revenue
transaction

Friday, January 12, 2018

Friday Jan 12

Time to work on FINAL Presentations and Final report.  WORTH 20%

You are to create a report/ed presentation covering all of the information on page 27 of the booklet.  All questions should  be addressed with specific attention paid to 'Building on Success'.  It can be done in any format but you will also be presenting this information to 'Judges' next week.

It should also include your business name,
Logo and slogan (if you had one)
MUST have full Money Plan!! Good Luck!

DUE WEDNESDAY


Tuesday, January 9, 2018

Jan 9 2018

Dragons Den

Finish Assignment from yesterday

Get Table Ready:

Pick table location (partners)
Print Price Lists (if needed)
Have a plan for roles.  Who is cashier, who is sales, who is keeping track of inventory?

Prepare financial record sheet. 

Monday, January 8, 2018

Welcome Back

Today we will be watching a Video on How to Present an Idea to people.

(Review Product Life Cycles and Idea Life Cycles)

Questions.

1. What tips were presented in the video that could be useful in the future?

Questions not from the  video.

2. What is networking?

3. What is a digital foot print? What is yours like?

4. What is Linkedin and how can it be useful for you?

Be Prepared for our Sale on WEDNESDAY THURSDAY and FRIDAY.

Thursday, December 21, 2017

Dragons Den

Finish up to page 22

Get ready to decorate tables.

Signs, Prices, Charity, etc.