Mid-Way Review.

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Presentation transcript:

Mid-Way Review

Bakery Project Outline Fall 2018 1. Business Name 2. Target Demographic Business Location Volume Day Parts/ Peak Hours of Operation Team Size Organization chart 3. List Your Specialty/Type of Bakery List and describe 3-5 specific menu items PRICE your items 4. List 3 Equipment Pieces you will need to purchase & how you will obtain it.

Bakery Project Outline Fall 2018 5. Name 3 reports you will run daily. Hardware System? Or technology app? 6. Create a WEEKLY BUDGET Include 7 days of the week Include and highlight the LABOR PERCENTAGE in the worksheet 8. Create 1 job description Wage, Benefits, pay rate, area to over see, duties, accountability 9. Create 3 interview questions you will use to hire 10. List 3 rules you will implement in your handbook 11. Identify your Marketing Strategy Social Media or Traditional Media? Write/Design a ONE page grand opening Marketing Strategy

Bakery Project Outline Fall 2018 12. Name 3 local distributors you will use 13. Cost out 1 recipe 14. Include Holiday Productivity Measuring Tools - Christmas 2018 Worksheets - Oven Schedule- what to bake 1st, 2nd, 3rd - How long will it take you to bake all pies? Which days will you bake them? Etc. 15. Include a schedule worksheet 16. Include a photo of desired packaging/presentation - Label/Identify key parts of design 17. Identify your top 3 major holidays 18. Name 3 holiday specific items your bakery will produce 19. Name 1 promotion/coupon you will use 20. Check up- write a few sentences on how your business is doing 1 year later. - Good & Bad

How to review for the exam Vocabulary Review & Memorize Costing Make sure you can change between units Multiple Choice Scenarios

Review Vocabulary

Vocabulary & Topics Overview Chapter 1 Chapter 3 Fad vs Fashion Day Parts Bakery & X Franchise Sole Proprietor Partnership Well balanced bakery has 3 parts: Business, Baking, Management Business Plan Wholesale Retail Distributor Trade Show

Vocabulary & Topics Overview Chapter 4 Chapter 5 Demographics DINK Hardware Types of Sales Reports Food Satefy/Types of Hazards HACCP & OSHA Health Department FDA Hiring GMPs Skills Demonstrations Employee Handbook

Vocabulary & Topics Overview Chapter 5.2 Chapter 6 Shadow Shift Costs of a bad hire Labor is your single largest expense How to find labor percentage How to find productivity Sales forecast definition Staff if your greatest asset How do you control labor costs? Identify some things your staff needs PI Predictive Index Open book management

Vocabulary & Topics Overview Chapter 7 Chapter 8 Store rules/Employee handbook Progressive discipline system 4 parts Written/Verbal counseling Unemployment Passport Successful Training Traditional Media, Social Media, Mobile Factor Marketing Brand Utilization Standards Word of Mouth Marketing Social Media = Community Social Media Tools: FB, IG, TW Do’s & Don’ts Soft vs. Hard opening Press Release

Vocabulary & Topics Overview Chapter 9 Chapter 10 Manufacturer Distributor Sourcing Materials Costing Materials 25%, 30%, Yield, Gross High vs Low margin items Demand based costing Costing Profit, Discounts- 5 types Production Measuring productivity Work Expansion Scheduling Tools Bar graph, OR, wage percentage