Ashley Spear and Makaila Kuchera Halfway FCCLA Halfway, Missouri Central Region 10 Entrepreneurship M ak and Ash Bake

1. Ashley Spear and Makaila KucheraHalfway FCCLAHalfway, Missouri Central Region 10Entrepreneurship Mak and Ash Bakery

2. Table of Contents Title Page: Slide 1 Table of Contents: Slide 2 Planning Process: Slide 3-6 Business Description: Slide 7-9 Facility: Slide 10-12 Supplies and Equipment: Slide 13 Organizational Chart: Slide 14 Personal Management: Slide 15 Funding: Slide 16 Budget: Slide 17-18 Laws, Regulations, and Codes: Slide 19 Advertising and Recruitment: Slide 20 Work Cited: Slide 21

3. Planning Process Identify Concerns: We chose to look into the field of entrepreneurship. We always wanted to be a business owners and we love to bake in our spare time, so opening a small bakery that sells baked goods, would be a good start. We need to identify the costs associated with opening a bakery, versus having a bakery stand at local school games. Set a Goal:  Our goal for this project is to learn about owning our own bakery business. All research will be completed by February 2014

4. Planning Process Form a Plan: WHO: Discuss our specific goals with each other, and formulate a list of goals WHAT: Research information about starting our own bakery. Start a booth to sell baked goods at basketball games WHEN: We are preparing and selling baked good throughout the basketball season of December and January. Then try and grow the business to sell all year round. WHERE: We will be selling the baked goods at 3 of our basketball home games and other events going on at halfway. Then selling at our own shop. COST: The supplies we need to make the baked goods, and then to lease/rent our own shop. RESOURCES: We will talk to a local restaurant owner. Our FACS teacher will also help us and give us advice for our business. EVALUATE: We will evaluate the different kind of baked goods people like and how to successfully run our own business.

5. Planning Process • Act: • Step One: Survey classmates to determine the variety of baked goods to sell. • Step Two: Buy supplies and bake the items to sell at basketball games. • Step Three: Interview a local restaurant owner • Step Four: Analyze our results, decide our future goals

6. Planning Process Follow Up:At the end of our last bake sale we thanked the crowd for buying our baked goods and helping our business grow. We also sent a thank-you letter to the owner of Route 32 Café in Halfway, MO.

7. Business Description Name: Mak and Ash Bakery Philosophy Statement: Mak and Ash Bakery strives to create quality baked goods to serve to our community. All baked items are fresh and baked with quality ingredients. Services Provided: Quality baked goods

8. Business Description Hours: We sell for three hours on home basketball game nights. Demographics served: Halfway community and opposing teams Business Feasibility: Surveyed both of our classes: sophomore and junior class. The results showed that the majority wanted a variety of cookies

9. Business Description • Baked goods/prices: • No-bake cookies - $1.00 • Chocolate chip cookies - $1.50 • Peanut butter cookies - $1.50 • Peanut butter pie - $12.00 • Oreo truffles - 5 truffles for $3.00 • Chocolate winter cupcakes - $0.50 • Funfetti basketball cupcakes - $0.50 • Peanut Clusters - $2.00 • Chocolate Covered Pretzels - $0.50 • Gooey Pumpkin Muffins - $1.00

10. Facility Space: Gymnasium lobby Utilities: We utilize the schools resources so we do not have to pay for those items right now, only until we rent or lease our own space. Emergency Procedures: follow school evacuation procedures Maintenance Plan: At this time the maintenance plan is not needed because we sell at sporting events.

11. Facility • Plans for Expansion: • Rent out a space in a local café • Route 32 Café in Halfway, MO • $300 monthly • Lease a location in Marshfield, MO • $450 / 450ft² - Available Commercial space for Rent/Sale (Marshfield Mo. 65706) 1st unit now available for lease, $450 month + deposit and utilities, ready to go for small kitchen bakery, deli, dollar shop or unique shop, nice big front window.Marshfield Missouri , located on exit 100 on I-44. East of Springfield, West of Lebanon.

12. Supplies and Equipment Suppliers: Walmart, Woods, and Dollar General Inventory: All ingredients and equipment for the baked goods will be stored at Ashley’s house Maintenance and Repair: The schools maintenance staff if there is an issue larger than we can handle.

13. Organizational Chart

14. Personnel Management Hiring Procedures: We are best friends so we decided to do the business together. We are our own employers, with no plans to hire other employees at this time. Salaries: At the end of each home game, we will put the profit we made into a savings account, to use for later on in expanding the business. Polices and Procedures: Makaila is in charge of all finances, and Ashley is the organizer of the business.

15. Funding Funding: The first week of the bakery all supplies were donated, and from the profit we made we bought supplies for the next time we sold baked goods. We will continue to use our profits to purchase ingredients, and save left over money in an account. When we expand, we will take a loan out of the bankto purchase marketing material, rent or lease a space, purchase inventory, pay utilities, and purchase industrial kitchen equipment.

16. Budget • Income: • 1st event - $35 • 2nd event - $42 • 3rd event - $45 • 4th event - $56 • Total= $178, making a split profit for each of us of $89. All profit is put into a savings account. • Purchasing Inventory: • All inventory is purchased at Wal-Mart, Woods, and Dollar General. • We comparison shop to save the most money • We currently have $178 in savings, and no new inventory is needed at this time.

17. Budget • Tax Information: According to federal and state law of the IRS, once we have made a profit of $600, we will need to claim that income on our taxes. • All taxes will be prepared by a certified accountant located in Bolivar, MO

18. Laws, Regulations, and Codes • Follow Halfway R-III Schools Board Policy when selling at the school. • Bakery rental laws, regulations, and codes: • Laws: allow a person to legally bake and prepare non-potentiallyhazardous foods from their personal kitchens and sell them on a small scale. • Regulations: Not allowed to sell online • Codes: Clean area and editable products, with awareness to customers of allergies

19. Advertising and Recruitment • Advertise: We made posters to show our business and during half time of the games we have the announcers announce that we are selling baked goods in the lobby. • If we expand business we plan to advertise by: • Putting posters around the community • Facebook or other social networks • Website • Recruitment: Since we are able to divide the time equality, there is no reason for us to hire other employees.

20. Work Cited • Springfield Craigslist\ • http://springfield.craigslist.org/off/4272135821.html • "Business Idea Center: Bakery." Entrepreneur. N.p., n.d. Web. 28 Jan. 2014. • "Top Stories." Entrepreneur. N.p., n.d. Web. 28 Jan. 2014.