St Wilfrid’s Soaptastic Enterprise Day!

So what is a business?

Businesses can be all sizes

Small Medium Large

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.

What do business do?They can provide a service.

What do business do?They can sell things.

Today we are going to run a Soap Making Company!

Our customers have to pay for our product or service.

What do we call this?

S _ _ _ _ _ _ P _ _ _ _

S e l l i n g P r i c e

What does our business have to pay for?

C _ _ _ _C o s t s

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

Who is my customer?