1. Kwik-E-Korner Business Plan

2. I’m Snacking it

3. Overview 1) About the Business 2) The Market 3) Competition 4) The Management 5) Operations 6) The Accounting 7) Quiz

4. About the Business

5. The School Background:  Was founded in the 1978  The IBT program started in 2006 Current Situation:  Currently has 1350 students enrolled  Hosting the IBT program for 3 years

6. The Business Idea  Convenience store  Sell food items and beverages at a much more affordable price  Our products appeal to wide variety of students and faculty

7. The Market

8. Target Market  Students looking for food and beverages  At a price that is fair for them  Faculty  Foods that appeal to them  The servery does not serve

9. Charts

10. Competition

11. Direct Competition:  The servery  Vending machines  Hasty market Indirect Competition:  Pizzaville  Tim Horton's  McDonalds  Other restaurants

12. The Management

13. Management Goals Strategic Plans: Our business would like to sell snacks and beverages Operational Plans: we are going to have to work together as a team and co- operate will need to communicate and share ideas to improve Contingency Plans: What if the business fails or what if you have gone into too much debt? will consider it to be a learning experience

14. Operations

15. The 4 P’s Product:  Different because they will have larger portions  A lower price  Offer a larger Promotion:  2 paper ad  And a radio ad Place:  Manufacturer (various companies)  Wholesaler (Costco)  us (Kwik-E Korner)  Customer

16. Marketing Ads

18. Marketing Ad

19. Snacks and Price Snack Price Each Sold at Price Each Bought at Candy$1.00$0.25 Potato Chips Bag$1.00$0.25 Gum$1.00$0.50 Popcorn$1.25$0.75 Fruit$0.25$0.10 Cookies$0.75$0.20 Donuts$0.50$0.35 Samosa$0.33$0.25 Ice Cream Scoop$1.00$0.10 Popsicle$1.25$0.50 Chex Mix Bag$3.50$2.70 Sushi$1.50$0.75 Smorgasbord platter $2.00$1.00

20. Beverages and Prices BeveragePrice Each Sold AtPrice Each Bought At Water$1.00$0.08 Freshly Squeezed Juice$2.00$1.00 Soft Drinks$1.00$0.25 Slushie$2.00$1.00 Coffee$1.25$0.40 Tea$1.25$0.50 Hot Chocolate$1.25$0.35 Energy Drinks$1.25$0.60 Lemonade$1.25$0.50 Iced Tea$1.25$0.50

21. Recruiting  Place advertisements around school  outside of school will be found on bus stops and benches

22. Recruiting Ads

24. Recruiting Ad

25. Selection Selection:  selected based on the business’s requirements  student employees must have an average of 80 or above  have good learning skills  For non-students, the must have high school diploma  must have one year of work experience  must have a criminal check done.

26. Orientation and Training  Will hold workshops after school  Make sure that our employees are aware of how things work  Will learn how to handle transactions with the customer  How to prepare and serve the snacks and beverages

27. Attitude  Will listen to our employee’s needs  Consider their suggestions  Provide Recognition  Employee appreciation day  Employee discounts

28. Departures and Dismissals Departures:  Exit interviews Dismissals:  Employee is not reaching standards  3 opportunities -Verbal Warning -Written Warning -Dismissal  Coaching

29. Store Hours Store Hours:  Before School (7:30am- 8:15am)  Both lunches (11:08 am- 1:41 pm)  After school (3:00pm-3:30pm)

30. Employees Employees:  Hard working and co-operative  good verbal skills and polite  The number of people we are looking is 12  2 non-students and 10 students (5 of these students need 3 rd lunch and 5 with 4 th )  Two non students work every day  2 Student employees for each day of the week.

31. Accounting

32. Ratios 28-Sep-0928-Sep-1028-Sep-1128-Sep-1228-Sep-13 Current Assets23,360.0041,133.0059,926.0067,933.00102,097.00 Current Liabilities11,600.005,275.006,522.003,185.004,456.00 Working Capital11,760.0035,858.0053,404.0064,748.0097,641.00 Current Ratio2.0137937.7977259.18828521.3290422.91225 Net Income32,386.8051,552.0070,822.0093,540.00112,810.00 Gross Profit Percentage 55.32% Rate of Return on Net Sales 28.48%34.65%38.62%41.60%43.48%

33. Explanation  Working capital of business is fairly high at end of the first year  By the end of the 5 th year the business has $97,641 to spend on liabilities  The current ratio fairly high by end of 1 st year  The ratio is approximately 2 which means, for every dollar of liabilities have 2 dollars in assets  By the end of the 5 th year the business has a current ratio of 22  The gross profit percentage for end of first year shows that business makes 55¢ gross profit for every dollar of sales  The rate of return slightly low but over 5 year period the rate increase from 28% to 43%

34. Conclusion

35. Will be Successful  Will be successful because we offer wide variety of snacks and beverages  affordable prices  It offers them with cheaper food than the cafeteria  Much larger portions  The large variety of snacks and beverages

36. Quiz

37. 1)What kind of store will it be? a) Convenience Store b) Service Store c) Servery 2)Who is the target market? 3)What was the most popular beverage? The students and faculty Slushie

38. Quiz 4) What are the requirements for non-student employees? 5) What are the school hours before school? 6) How many employees will the business have? Must have 1 year of experience, high school diploma and criminal record check 7:30- 8:15 12 employees

39. Any Questions?