St Mary’s Magic Magnets Carlo, Kailin, Rachael and Alice The Finance Quartet St Mary’s Magic Magnets.

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Presentation transcript:

St Mary’s Magic Magnets Carlo, Kailin, Rachael and Alice The Finance Quartet St Mary’s Magic Magnets

What kind of Magnets?

Magnets Selling Prices  Football boot scratch art magnets £1.00 each  Dinosaur scratch art magnets £1.00 each  Owl scratch art magnets £1.00 each  Heart scratch art magnets £1.00 each  Novelty scratch art magnets £1.00 each  Pirate scratch art magnets £1.00 each

Product Costs and Profit ProductCost per unitNumber required Total Scratch art heart magnets PACK OF 30 £7.50 (25p each) 2£15.00 Football scratch art magnets PACK OF 30 £8.40 (28p each) 2£16.80 Novelty scratch art magnets PACK OF 30 £8.40 (28p each) 2£16.80 Dinosaur scratch art magnets PACK OF 30 £8.40 (28p each) 2£16.80 Owl scratch art magnets PACK OF 30 £8.40 (28p each) 2£16.80 Pirate scratch art magnets PACK OF 30 £8.40 (28p each) 2£16.80 Delivery cost(click +collect)1£2.99 TOTAL COST£101.99

TOTAL PRICE !!!  Our total cost to buy one product is £101.99/360=28p  We are selling them for £1.00 each  Our profit per magnet is 72p  Total Sales £1.00x360= £  £360- £101.99= £  £ is our total profit

Presenting  We will advertise our work to the children by sticking posters up around our school and we might put it on our school website.  We will also produce take home flyers.

THANK YOU FOR WATCHING  Thank you for listening while our presentation was going on. We hope you feel like investing in our magnet business idea. Thank you for your time.