Scheduled Meeting #1
The First Scheduled Meeting - Thursday 14th December
It has been decided to schedule a regular weekly meeting with Peter and Emma every Monday after school. This will be in addition to any other meetings you set up within your businesses.
Thank you to all of you that made the effort to attend the
meeting last night. If you weren’t there I suggest you catch up with the rest
of your business partners to find out any relevant information.
The deadline for making the minimum £80 and opening your
bank accounts is January 8th. If you need a hand completing the paperwork
please come and see me.
Don’t forget the following:
- your company secretaries now have to create a timeline of events
- you need to complete deciding on a company name
- you need a logo/brand
- you need to decide on a product and how it is going to be packaged to encourage sales
- you need a spreadsheet to work out all of your start-up costs, direct and indirect costs; it also needs to show your income and expenditure projections
- you need to identify and question your target market(s)
- you might need to get a sample product to show your target market and get feedback
Trade Shows
The first trade show is on the 7th February and the second is on the 21st March. You can raise money from now and sell as soon as you are ready to roll.
I think that is all but I will be available on email during
the holidays if you have any questions.
Good luck
Mr. C
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