This week, you will have two class periods to
complete your business plans. From
there, we will complete the last of our operations for the year. What will we do with the rest of the year,
you ask? That’s when you will complete
final evaluations of your peers, facilitator, and yourself. I’ll have more on that next week,
though. This week is no much different
from next week, and since I wrote pretty comprehensive stuff last week, I’ll
simply tweak last week’s blog and re-publish it this week.
Monday and Tuesday:
Clear Target: We can analyze and critique a
business plan
Objectives:
Take notes on business plan presentations
Analyze & critique plans in the role of
investor/financier
Question presenter on specific elements of plan
as they relate to your potential investment
Formulate opinion about whether or not to invest
Submit form for each presenter
While last week’s presentations were much more
detailed than previous plans, our business plan presentations have still been
below expectation. Your plans have been
very well thought out, but I know that you are capable of thinking at the same
level of a true business owner and have the charisma to deliver your plans in a
more captivating fashion. Have an
opening, have a goal for your investors in the beginning of the plan, and
execute that plan so that the investor’s questions are directed less at the
potential flaws of the business (all businesses have flaws) and more on how
their investment makes them money. Your
plans are solid and can make money. Just
show how that money is made so you’ll have more willing investors.
Again, I will show you these two great presentations
from Shark Tank with the hope that you engage your audience in the same manner
that these business owners do. This will
help your presentation. Please take note
Check out this Shark Tank intro for a solid
example of an eye-catching presentation:
Notice how each presenter vividly describes a
common problem that many customers would have and then presents his product in
such a manner that solves the common problem in an entertaining fashion. THIS is how you need to present to your
investors.
Wednesday, Thursday, and Friday:
Clear Target: We can apply concepts to operate a
profitable business
Objectives:
Process existing orders from customers: Sales
and Finance departments, along with CFO, will search open and unprocessed
orders from company email address. Each
order will receive a “Thank You” email and include an invoice for goods
purchased.
Create “Item of the Week” advertisement AND send
it to customers: Sales and IT will determine which item or party package we
offer is best suited to be promoted to our clients based on the time of year we
are in and what our customers need most.
Bulk purchase specials can be offered to entice customers to buy
Follow up on unpaid accounts receivable: Finance
and Admin will follow up with customers who have received Thank You emails and
request payment for any outstanding unpaid invoices.
Complete weekly newsletter: Human Resources,
along with CEO, will complete a 3-4 page weekly newsletter with articles that
highlight the following:
Sports at a glance for this week
Upcoming EOC Tests and preparation from teachers
and students
Rivers and Spires hits Clarksville, Tn
Human Relations and Conflict Resolution in the
workplace (search the net for a good article and use at least three quotes in
your article)
Blog Entry: What was done well this week? What could you have done differently to get
your work done more efficiently and effectively? What do you plan to do next year to make our
business better?
Your grades this week will be assessed on
completion of your group departmental tasks, your questions/comments to
business plan presenters, your business plan presentations, submitting forms
for each presentation, and your blog entry.
This may seem like a ton of work, but if you stay on task for each
assignment, you’ll have plenty of time to get it all done. Have a great week.
