Competition Then Onto the Next Big Thing

Though this is a shortened week, we still have a lot of work to get through.  We will begin our week with a report from our competition team about their performance at the Regional Business Plan Competition.  Members of the team will detail what went well, what could have gone better, and how they think they did overall.  They will explain whether they believe they could have finished in the top 2 and what they think they’ll need to do to improve upon their performance.  After our day off, we hit the ground running, working on making sales calls, creating promotional materials, adding to our product line, purchasing inventory, keeping financial records of our transactions, and most importantly, preparing for the Trade Fair.  Yes, the list is extensive, but when split into the right groups, we will get everything done.  Below is our day by day rundown:

Monday

Clear Target: We can analyze and critique a business plan presentation

Objectives: Discuss individual and overall performance, self-assess presentation, formulate opinion as to whether we will earn a spot in the State finals.

The objectives say it all.  Our task for Monday requires the presentation team to share out how they did.  I will provide perspective on the performance to end our discussion. 

Tuesday: Off day

Wednesday through Friday

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

Objectives: See below for departmental assignments:

Sales:

Solicit 10 VE firms for business

Create weekly newsletter

Create weekly sales email

Finance:

Increase product line

Amend inventory prices

Purchase correct inventory

Enter purchase/sales/payroll transactions into appropriate journals

IT/Web Design

Design banner for Trade Fair

Add catering services to website

Add new products to website

HR/Admin

Weekly newsletter

Finalize company handbook (include rules/regulations, policies/procedures)

Create list of items needed for Trade Fair – what to bring to have a successful booth

After we complete these tasks, we will be in a good position to have some sales under our belts and prepare for the Trade Fair.  If you have any questions, please don’t hesitate to email me at any time.