Free Enterprise Business Plan - Create Your Own Successful Venture!
Dive into the world of free enterprise by developing a comprehensive business plan. Choose a product, conduct market research, design packaging, set prices, run an advertising campaign, produce and sell the product, and evaluate the effectiveness of your plan. Explore different alternatives for toppings and treats, consider costs and profits based on ingredients, and engage in hands-on experiences to enhance your understanding of the free enterprise system.
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STANDARD 6 Students will learn the basics of the free enterprise system. Objective 2: Complete a free enterprise experience. Develop a business plan that incorporates the following: a. Select a product or service to sell b. Complete a market survey c. Design packaging for the product if applicable d. Establish a price for the product e. Conduct an advertising campaign f. Produce and sell the product g. Evaluate the effectiveness of the process/business plan
How likely to purchase Rice Grizzly Treats
Alternative Toppings Chocolate Syrup Marshmallows Fruity Pebbles Cocoa Crispies None
Alternative Treat Series 1 Series 2 Choc. Chip Cookies Brownies Peanut Butter Cookies Keep Same Candy No bake cookies
How likely would you pass this up? 6 5 4 3 2 1 0
What grade are you in? 25 20 15 7th 8th 10 9th 5 0 Category 1
INGREDIENT TOTAL COST COST PER FLOAT ROOT BEER 23.46 .23 ICE CREAM 24.48 .24 CUPS 4.08 .04 SPOONS 2.04 .02 OVERALL COST OVERALL COST PER FLOAT 52.02 .51 TOTAL SALES - OVERALL COST = PROFIT 111.06 52.02 59.04
iNGREDIENT TOTAL COST COST PER PRETZEL ROLL 14.08 .16 BUTTER .50 .01 CUPS .88 .01 LIDS .88 .01 STICKS 7.04 .08 CINNAMON/SUGAR 2.43 .03 SALT .99 .01 CHEESE 1.50 .05 FROSTING 10.47 .13 CINN/SUGAR/FROSTING SALT/CHEESE .43 .33 SALES - COST = PROFIT 88.80 36.64 52.16
iNGREDIENT TOTAL COST COST PER CUP LIMES 12.58 .03 SUGAR .54 .06 SWEETENED CON. MILK 7.16 .18 CUPS 2.00 .04 OVERALL COST OVERALL COST PER 22.28 .31 TOTAL SALES - OVERALL COST = PROFIT 65.00 22.28 42.72
iNGREDIENT TOTAL COST COST PER RECIPE ICE CREAM 24.00 .60 MILK 7.20 .18 CHOC. SYRUP 4.16 .16 STRAWBERRIES 7.70 .55 CUPS 2.00 .04 STRAWS .40 .01 OVERALL COST OVERALL COST PER CUP 45.46 .50/CHOC. .69/STRAW. TOTAL SALES - OVERALL COST = PROFIT 61.50 45.46 16.04