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 How do the academic skills you acquire in language arts, math, and social studies prepare you for the real-life experience of owning and operating a.

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Presentation on theme: " How do the academic skills you acquire in language arts, math, and social studies prepare you for the real-life experience of owning and operating a."— Presentation transcript:

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2  How do the academic skills you acquire in language arts, math, and social studies prepare you for the real-life experience of owning and operating a small business?

3  You will work as a group to design and operate a new restaurant  Each group member will have one (or more) of the following primary job responsibilities:  Owner  Architect  Manager  Chef  Designer  Marketing Consultant

4  Owner – locate and ‘purchase’ real estate, apply for business license, maintain budget  Architect – design blueprint, assist in selecting furnishings and restaurant décor  Manager – hire staff for the restaurant, select uniforms, create a help-wanted ad to attract employees  Chef – create a menu, work with the designer to furnish the kitchen  Designer – carry out the theme of the restaurant through selecting furnishings and décor  Marketing Consultant – produce a commercial and design print advertisements to promote your restaurant

5  Your group has been given a budget of $1,500,000 and has been challenged to open a new restaurant.  You will work very hard these next few weeks to bring your ideas to light and make your business dreams a reality.  How will you encourage people to give your restaurant a try?

6  Think of a CONCEPT.  A concept gives potential customers an idea of what to expect when they dine at your restaurant.  It will drive your decisions about location, menu, hours of operation, etc.  When thinking about a concept, consider the type of cuisine you will serve. Does your food match your overall theme?

7 Will you specialize in the food you offer? Will you serve ethnic food, fast food, gourmet coffee, or comfort food?

8  Think of the people who live in your community.  What cuisine might they find most interesting? Inspiring? Flavorful?  What culture do you want to represent in your restaurant menu, atmosphere, design and style?

9  Before you open your restaurant, you will need to decide on a target market.  Who are you trying to encourage to eat at your restaurant?  Will you try to attract business executives, couples, or families with children?  You must also set appropriate price points for your menu items.

10  Your restaurant will most likely fall into one of these basic service categories:  Fine Dining  Casual Dining  Fast Casual  Quick Service

11  Fine dining restaurants provide a high perceived value for their guests  Defined by white tablecloths and beautiful décor  Pleasant atmosphere  Renowned chefs  Exceptional service  Specialized, pricey dishes

12  Offers full table service that is more upscale than fast-casual restaurants  More affordable than fine dining restaurants  Appeals to a wide customer base and are usually family-friendly

13  Also known as quick casual and limited service  Typically perceived to offer better food quality and improved service over fast food restaurants  Menus tend to be less extensive but also less expensive than casual dining restaurants

14  Make a business of convenience and speed of service  Typically have simple décor, inexpensive food items and fast counter service  Most fast food restaurants fall into this category

15  Layout of your restaurant  Employees  Type of service  Take-out  Delivery  Catering

16  Lighting - Dim and cozy? Bright and cheerful? Lots of windows?  Seating - Booths? Intimate tables? Picnic Tables? Benches?  Flooring - Wood? Tile? Carpet?  Wall finish - Paint? Wallpaper? Showcase of sport memorabilia?  Music – Live? Recorded?  Décor- Plants? Paintings? Advertisements?

17  Uniforms  Training  Quantity  Shifts  Wages

18  What will your restaurant be named?  Name should match theme  Ex: Taco Bell (serves tacos, burritos, nachos, etc)  Ex: Chick-fil-a (serves chicken biscuits, chicken sandwiches, chicken salad, etc.)  What will be the design of your logo? How will it be used to promote your business?

19  Examine the following slides  Can you determine each restaurant’s theme?  What kind of atmosphere do you detect?  What kind of food do they serve?  Who is the target market?  How much would you expect to pay for a meal?  Would you choose to eat there?

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24  Owning and operating a business requires the ability to make wise decisions.  Your group will be given a variety of materials and resources to guide you in this process.  Use the materials, resources, and your time wisely!  Each group member has a specific responsibility, but you will work collectively to complete this challenge.  Your challenge will culminate with a project presentation and ‘tasting’ event for teachers, administrators and parents. Good Luck!

25  Brainstorm sheet  Real Estate activity sheet  GABA application  An original logo  Restaurant blueprint  Food activity sheet  Complete menu  Commercial and print advertising  Documentation of purchases  An item from your menu prepared for our “tasting” event

26  www.familyconsumersciences.com www.familyconsumersciences.com  http://moneyinstructor.com/docs/pdf/checks page.pdf http://moneyinstructor.com/docs/pdf/checks page.pdf  http://moneyinstructor.com/docs/pdf/wsbasic register.pdf http://moneyinstructor.com/docs/pdf/wsbasic register.pdf


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