Tasty Coffee Mini Venture Management Project
I’m working on a Business question and need guidance to help me study.
1.Maximum Investment – $1 per participant
2.Duration – minimum 4 hours of selling to maximum of 2 days. THIS DOES NOT INCLUDE THE PLANNING PHASE.
3.Orders – You are expected to sell the product / service and receive payment for it.
4.Guidelines – All projects are to be in accordance with the bounds of the law and good taste. Lotteries and 50/50 draws are excluded from eligible activities.
Develop on paper the product or service that you will sell.
Then outline the 4P’s
Pay particular attention to the promotional piece.
Deal with such questions as –
“when will I promote the product, where etc.”
who you think your main
Customers will be (target market).
Prepare a simple equation illustrating how much profit will result.