We are just one day away from Monday... You know what that means?
INDEPENDENT PROJECT TIME
This weekend, I finalized the plan for my independent project because I felt it was important to have a basis as to what I would be doing every day. Having this plan allows me to:
1. Know whether I need specific materials or contacts for the day to come.
2. Know what days require me to be at school and what days I can work from home.
3. Know what days I'll be needing transportation and what type of transportation I'll be needing.
I know, the plan is a little long, but please bare with me!
INDEPENDENT PROJECT TIME
This weekend, I finalized the plan for my independent project because I felt it was important to have a basis as to what I would be doing every day. Having this plan allows me to:
1. Know whether I need specific materials or contacts for the day to come.
2. Know what days require me to be at school and what days I can work from home.
3. Know what days I'll be needing transportation and what type of transportation I'll be needing.
I know, the plan is a little long, but please bare with me!
Goal My goal is to run a business that can sustain any force of demand by hiring an employee to bake the cupcakes for me. Instead of being the producer, manager, and accountant of the business, I would just be the book keeper and manager. | Why Seeing my business expand has always been something I’ve envisioned. I feel that the potential for the business to grow is there, it’s just a matter of having proper accounting, management, and production. By handing over the area of production, I’m giving myself more time to focus on managing and accounting the business. | When November 11th - December 5th |
Daily Plan: Monday, November 11th 1. Launch a NO Fail Business Model: - Class #1 2. Find price of production for each recipe - Go to Macro - Make a list of the cost of all ingredients - Research about finding exact cost for recipes 3. Stock up on materials - Go to Macro - Buy ALL ingredients/tapers and keep track of expenses - Organize materials at home (cupcake cabinet) and label them 4. Take pictures, POL, IPOL Transportation: - From school to Macro and from Macro to home. Thursday, November 14th 1. Launch a NO Fail Business Model: - Class #3 & 4 2. Formalize agreement - Write a written agreement, employee expectations, rules, etc. - Have employee sign it & give her a copy 3. Take pictures, POL, IPOL Transportation: - To school Thursday, November 21st - Thursday, November 28th 1. Launch a NO Fail Business Model: - Class # 7, 8, 9 2. Marketing my product - Define the brand by creating a brand definition, redesigning the logo, tagline and website/Facebook page. - Market the brand by creating stickers and magnets, as well as through social media: Creating an Instagram account and frequently updating the website, Facebook, and Instagram page - Creating a more effective ordering and payment system 3. Take pictures, POL, IPOL Transportation: - To school | Wednesday, November 13th 1. Launch a NO Fail Business Model: - Class #2 2. Understanding logistics - Find out price I am willing to offer to employee - Profit: Cost of production-cost of employee - Do I need to raise my prices? 3. Accounting/Managing - Set up accounting programs to keep track of expenses, orders, etc. 4. Take pictures, POL, IPOL Transportation: - To school Monday, November 17th - Wednesday, November 20th 1. Launch a NO Fail Business Model: - Class #5 & 6 2. Find exact formula for each recipe/teach employee how to bake - Preparation time - Amount yielded - Cooking time - Translate baking directions to Spanish 3. Take pictures, POL, IPOL Cupcake flavors that will be taught: Cupcakes: - Vanilla - Chocolate - Vanilla Oreo - Chocolate Oreo - Red Velvet - Carrot - Banana Frosting: - Vanilla Buttercream - Chocolate Buttercream - Oreo - Cream Cheese |
Monday, 2nd, Wednesday 4th, Thursday 5th 1. Continue marketing my product if necessary! 2. Take pictures, POL, IPOL Transportation: - To school |