PHOTO BOOTH GROUP
BUSINESS PLAN
Business Details
Company name: Photo booth Group
Address: Almondvale Crescent
Livingston
West Lothian
EH54 7EP
Telephone Number: 01506 418181
The Business will: Offer the chance for people to their picture taken as a result of winning and participating in other teams fundraisers.
Key People
Name: Kim
Position: Team Leader
Main Responsibilities: To lead and organise the team. Attend management meetings and decide on key parts of the events. Feedback key information to the rest of the team.
Academic qualification: Level 4 Business
Name: Chelsey
Position: Business Plan
Main Responsibilites: Create our teams business plan and help out during other tasks if and when required.
Academic qualification: Level 5 Business
Name: Jodie
Position: IT person
Main Responsibilities: Typing up our documents each week, emailing members of staff in regards to our event.
Academic qualification: Level 4 Business
Name: Karolina
Position: Minute taker
Main Responsibilities: Take minutes each week of what is said during group meetings so that we can have a trail of whats being said.
Academic qualification: Level 4 Business
Name: Scott
Position: Various
Main Responsibilites: Assisting with business plan and covers roles when people are off
Academic qualification: Level 5 Business
The business idea
Sum up your business idea:
Our business idea is a charity event to raise funds for Team Jak. Our stall will be promoted by the other stalls using our golden tickets which equals a free picture on presentation.
Business Goals
What do you want to achieve?:
We would like to raise as much money as possible as a group and also as a whole class to hand over to the people from Team Jak.
Legal Requirements:
The legal and insurance requirements that apply to your business:
- Disclaimers :- Consent from students/tutors to give permission for us to be able to use any photographs taken within the college for marketing purposes and parental consent if the student is under 16.
- Health & Safety :- Check with anyone that is having their photo taken if they have any health risks due to flash photography ie epilepsy.
You will meet your legal requirements by:
Asking students/ tutors or any college staff if they are happy for any photos taken to be used to promote the charity via marketing and social media and or parental consent if under 16.
Health & safety make sure that there are warning signs displayed to let participants know that there are flash photography is being used and also remind them before hand.
Health & safety make sure that there are warning signs displayed to let participants know that there are flash photography is being used and also remind them before hand.
MARKET RESEARCH
The customer groups you will be selling to are:
- College students
- Members of staff
- Tutors
- Anyone visiting the college
Your customer research has shown what your customers want is:
We hope that the students from across the college will get involved and contribute to our event in order to make it successful.
Proposed use of Golden Tickets
| Potential use of Golden Tickets | Amount of Tickets | Actual Tickets Used | Total | ||
| College Cowboy | 30 | 0 | 0 | ||
| Football | 16 | 0 | 0 | ||
| Bay City Stallers | 50 | 0 | 0 | ||
| Photo Booth | 10 | 0 | 0 | ||
| Total | 106 | 0 | 0 | ||
Account Balance Sheet
| Items | Income | Expenses | Balance |
| £ 15.00 | £15.00 | ||
| Stetson Hat (2) | £2.00 | £13.00 | |
| Hawaiian necklaces (2) | £2.00 | £11.00 | |
| Feather Boa (2) | 2.00 | £9.00 | |
| Carrier Bag | £0.05 | £8.95 | |
| Novelty Glasses | £1.50 | £7.45 | |
| Topper (2) | £1.00 | £6.45 | |
| Heart Shaped Slate | £1.50 | £4.95 | |
| Sales on the day | £9.00 | £13.95 | |
| £13.95 |