Another Short Week

This week, we have Tuesday off again, which means we will have to get some of our work done outside the classroom.  Many of you have computers with internet access, so we will need to check our email away from school and dedicate some additional time to complete our tasks.  In addition to preparing for the Trade Fair, we need to focus efforts on operating the business effectively.  I’m glad we finalized a list of items we need for the Trade Fair, but fear we have fallen behind in other Trade Fair activities (creation of billboard and inventory check on materials we already have on hand) AND business operations.  By now I would have imagined our sales team to have at least $2500-$5000 in revenue, which would allow finance/accounting to create more journal entries and update inventory records AND would allow admin and HR to write something great in our weekly newsletter.  It would also allow us to create follow-up opportunities to demonstrate our excellent customer service.  In any case, without this, we need to step up this week with our sales.

Below, you will find a list of tasks by department for our firm.  I expect that we will accomplish these and get the ball rolling in the right direction.  Of course, we will start the week off with our club picture at 1:40pm in the LGI room.  You will need to report directly to the LGI Room in professional dress for our photo.  Refer to my email and explanation from class last week to understand what you should wear for the photo.  Once we are done with the club picture, we will report to class and get right to work.

All Week:

Clear Target: We can apply concepts to operate a successful virtual business

Objectives: See below for departmental assignments:

Sales

Solicit 15 VE Firms (5 per associate) for business

Help create weekly newsletter

Create weekly sales email for 11/17-11/21 and distribute to as many businesses as possible

Accounting/Finance

Create records for all inventory (check my Public_Faculty folder or the Portal for inventory spreadsheets)

Help Sales with selling to new businesses – if an Accounting/Finance department member is the first to close a sale, you will receive a $100/week pay raise for the next 3 weeks)

IT/Web Design

Design banner for Trade Fair (use videos on Portal to see what some banners look like and use your design ideas to make ours better)

Along with Admin, check Portal to find out what we need to actually create our billboard for the Impact Marketing competition @ the Trade Fair

Update website to include checkout option with cart.

Contact Signs Now when banner is finished

HR/Admin

Weekly newsletter – Please use feedback from my email on Friday to amend this week’s newsletter appropriately (please interview employees to be highlighted, find new article ideas from business and industry by searching business news articles online, highlight things going on at school such as winter sports season or the play, use two columns for the newsletter rather than one)

Finalize company handbook (include rules/regulations, policies/procedures): This was not completed last week.  We need to get this done

CEO is in charge of overseeing our sales department and is responsible for contacting 5 VE firms this week in addition to the 15 our sales team will contact. 

Understand that after this short week, we will only have 5 class periods to have everything prepared for the Trade Fair.  We leave for the Trade Fair on Saturday morning, so we will need to have everything in place, as well as know where we will store everything in the vans.  Let’s get this work done!