As a Company we have decided to sell dishwasher friendly decorated mugs. The group intends to but the mugs and decorate them with original patterns. Although mugs aren't the most exciting of products
Business Studies Coursework.
As a year, each member of every business studies class was given the task of setting up and running their own business. This included coming up with possible ideas for products and doing the research and then actually producing the product and selling it.
The teachers thought this would be a good way and a good experience to learn how to run our own business and therefore enjoy learning all the aspects of life running a business.
As a Company we have decided to sell dishwasher friendly decorated mugs. The group intends to but the mugs and decorate them with original patterns. Although mugs aren’t the most exciting of products, as a group we think they will sell well because they are practical and if made to a high quality will do well even if there is competition.
The Company has two main objectives:
- To make high quality goods.
- And to either break even or even better to make a profit.
The company will make high quality goods but not only that they will be original and interesting. If these come out right it is likely that they may entice more possible customers to our stall. The company may nit be a worthwhile company to begin with, but if it was a proper shop; it is very likely that it would last, as then it would be able to sell a wide range of goods.