Monday, April 6, 2015

The Grind

Recently, we have been very busy prepping for our opening. We just ordered the food, drinks and materials we will need to run successfully! On thursday April 2nd, we presented our business pitch to some members from the school including our headmaster, business reps and other adults. Our presentation went very well and we finally received an answer about the igloo. The leadership board has come up with an idea to work with the parents association by possibly offering a 10 day trial to figure out if everything would work with regard to sharing The Igloo with The Grind Coffee Shop. We have our coffee machines, hot water carriers here and our other inventory is being shipped to the school this week. We have decided that we want to open this coming week. We pivoted from our original idea to open immediately after spring break and decided it would be more efficient if we opened by next week. We are also working on reorganizing our business pitch to turn into a more efficient document to give the leadership board. When ordering our food, we realized that with some companies we can subscribe to their supplies and gain discounts in the future with reordering our supplies. The bottom picture below is our logo that we created for The Grind. We have decided to have our logo printed out and placed on each of our cups, but want to wait until we create some profit to make this investment. The picture on the top is a list of our profit and purchase prices, along with an overall average profit from our intended inventory.

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