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St Wilfrid’s Soaptastic Enterprise Day!. So what is a business?. Businesses can be all sizes. Large. Small. Medium. They all have one thing in common. They try and make a. P_ _ _ _ _ ?. P R O F I T. What do business do? They can make a product.
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Businesses can be all sizes Large • Small Medium
They all have one thing in common. They try and make a... P_ _ _ _ _ ? P R O F I T
Our customers have to pay for our product or service. What do we call this? S e l li n g P r i c e S _ _ _ _ _ _ P _ _ _ _
What does our business have to pay for? C o s t s C _ _ _ _
If you take the costs away from the selling price, you are hopefully left with a… P R O F I T
If you don’t make a profit, your business could go… B _ _ _ _ _ _ _ B a n k r u p t
Roles in your company • Marketing Directors • Finance Directors • Two Production Managers (who make the soap!) • A Managing Director (can be something else as well)
The first things you must do are:1. Get into your groups 2. Name your company 3. Decide your roles