bowton spice bazaar
DESCRIPTION
Introduction to the OCR Business Case Bowton Spice Bazaar. If you want all of the resources pop into www.revisionstation.co.uk and pay £20 via paypal for an instant download of all the ppts all the worksheets, a mock exam, posters and an ultimate quiz.TRANSCRIPT
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Bowton Spice Bazaar Section 1 - Introduction
GCSE OCR BUSINESS A293
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Lesson Objectives
• Be able to discuss the reasons that Chloe’s restaurant shut
• Be able to discuss the reasons behind the poor cash flow at her restaurant
• Be able to discuss Ade and his strengths and weaknesses
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Chloe Seaton
• This is Chloe Seaton.
• She ran a restaurant in Bowton
• In December 2011 she had to close the restaurant because of poor cash flow. This was not the only reason...
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Why did the restaurant close?
• There were indicators that the UK economy was in recession and consumer confidence was weak
• Team Discussions
1. What is recession?
2. What is consumer confidence?
3. Why would these factors mean that Chloe would have to close her business?
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• Unemployment in the town has risen.
• Video on unemployment
Why did the restaurant close?
Create a mindmap of all the effects that
unemployment will have on people of the town of
Bowton.
Online Mindmap maker
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• VAT had been raised by 2.5% to 20% in January 2011
• If a meal cost £25.00 what would be the VAT at 17.5% and what would be the VAT at 20%
• Now imagine she serves 100 meals a day 6 days a week. What is the difference?
Why did the restaurant close?
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• World food prices were rising
• What kind of day-to-day supplies would a restaurant use. Can you draw up a list?
• How much of this list would be imported goods (worldwide)?
Why did the restaurant close?
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• The population in Bowton fell as people who had arrived from Eastern Europe began to return home
• Video about EU migrants returning home
• Video about Polish Migrants and why they are going home
Why did the restaurant close?
Discussion pointWhy would this have
affected Chloe’s restaurant?
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WHAT DID CHLOE DO AFTER HER RESTAURANT CLOSED?
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Chloe starts the BSB
• Chloe and her friend Ade Kundele started the Bowton Spice Bazaar
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Where did the idea come from to start BSB?
• Chloe had developed an interest in spices when she travelled the world after leaving University.
Was this a good way to find an idea for a
business?
Short video about a spice market
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Chloe and spices
• Chloe had always experimented with spices when developing dishes in the restaurant
• She believed there was a market to import spices, roast and blend them and sell them
• Even though there were many similar businesses in the UK
• Schwarz Case study PDF
Do you think she was right?
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What about Ade?
• Ade had experience as a production Manager in a factory which made caravans.
• Start a sheet of pros and cons of Ade’s skills in the new business
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Lesson Objectives
• Are you able to discuss the reasons that Chloe’s restaurant shut?
• Are you able to discuss the reasons behind the poor cash flow at her restaurant?
• Are you able to discuss Ade and his strengths and weaknesses?